Financial Assistance | North Carolina Central University (2024)

Financial Assistance | North Carolina Central University (1)

Types of Aid

Financial aid is available in the form of scholarships, grants, loans, and work study. The student must reapply each academic year for financial aid. The FAFSA is available on October 1 of each year.

Grants

  • Federal Pell Grant: Awarded to students based on their expected family contribution (EFC) and enrollment status.
  • Federal Supplemental Education Opportunity Grant: Campus-based federal grant awarded to students who receive a Pell Grant.Funds are distributed on a first-come, first-served basis.Limited funds are available.
  • DC TuitionAssistance Grant (DC TAG):This grant pays the difference between in-state and out-of-state tuition and fees at any public college (up to $10,000 per year).Students must be enrolled in a degree-granting program at an eligible institutionand be domiciled in the District of Columbia.
  • DC College Access Program (DC-CAP):DC public and DC charter school graduates meeting eligibility criteria and enrolled in an accredited four-year university are eligible to apply for DC-CAP Last Dollar Awards, for up to $2,000 per year for five years.

State Grants

The State of North Carolina provides financial aid grant assistance to resident students. Priority is established by the FAFSA application completion date.Funds are limited.Please file the FAFSA as early as possible (on or after October 1for the next academic year).

  • UNC Campus-Based Scholarship:This program, established in 2002 by the General Assembly, was created through the consolidation of several programs that previously existed to provide assistance to North Carolinians attending the state’s public universities.The UNC Campus Scholarship Program is designed to promote diversity on the 16 North Carolina public university campuses.A portion of the program is reserved for American Indian/Native American students who can provide evidence of membership in an Indian tribe recognized by the State of North Carolina or by the United States.
  • North Carolina Education Lottery Scholarship (ELS): This program provides financial assistance to needy North Carolina resident students.

InstitutionalNeed-Based Grants

NC Central investsresources in the form of institutional grants to support undergraduate students from the University’s own funds.These awards are based on financial need and offered on a first-come, first-served basis.The university offers the following institutional grants:

  • NC Central Grant: Aninstitutional grant awarded to NC undergraduate students.Priority is given to Pell Grant recipients.The NC Central Grant is based solely on financial need and offered on a first-come, first-served basis.
  • NC Central Eagle Grant: An institutional grant awarded to NCundergraduate students.Priority is given toPell Grant recipients.The NC Central Eagle Grant is based solely on financial need andoffered on a first-come, first-served basis.

Loan Options for Undergraduate Students

Financial Assistance | North Carolina Central University (2)

  • Federal Direct Subsidized Stafford Loans: A guaranteed student loan for undergraduates who are US citizens or permanent residents and who have demonstrated financial need as determined by federal regulations. The federal government provides limits on the amount in Direct Subsidized loans that a student may be eligible to receive in each academic year and in total. Limits vary based on the student’s year in school and financial need.
  • Federal Direct Unsubsidized Stafford Loans: A guaranteed student loan for US citizens or permanent residents who do not show financial need under federal regulations. Direct Unsubsidized loans may also be available to undergraduates who have reached the borrowing limit for Direct Subsidized loans.
  • Federal Direct Parent PLUS Loan: Loan for the parents of dependent undergraduate students. A credit check will be performed and will exclude anyone with an adverse credit history. Direct PLUS loan amounts are limited to the cost of attendance minus any other financial assistance received.

Loan Limits

Year/ClassificationDependent Student (except students whose parents are unable to obtain PLUS Loan)Independent Students (and dependent undergraduate students whose parents are unable to obtain PLUS Loans)
First-Year Undergraduate Annual Loan Limit$5,500—No more than $3,500 of this amount may be in subsidized loans.$9,500—No more than $3,500 of this amount may be in subsidized loans.
Second-Year Undergraduate Annual Loan Limit$6,500—No more than $4,500 of this amount may be in subsidized loans.$10,500—No more than $4,500 of this amount may be in subsidized loans.
Third-Year and Beyond Undergraduate Annual Loan Limit$7,500—No more than $5,500 of this amount may be in subsidized loans.$12,500—No more than $5,500 of this amount may be in subsidized loans.
Aggregate Loan Limit
Total for Undergraduate Degree
$31,000—No more than $23,000 of this amount may be in subsidized loans.$57,500—No more than $23,000 of this amount may be in subsidized loans.

Loan Options for Graduate/Professional Students

  • Federal Direct Unsubsidized Stafford Loans:A guaranteed student loan for UScitizens or permanent residents who do not show financial need under federal regulations.
  • Federal Direct Graduate PLUS Loans:A credit-based loan for Graduate and Professional Students.A credit check will be performed and will exclude anyone with an adverse credit history. Direct PLUS loan amounts are limited to the cost of attendance minus any other financial assistance received.

Loan LimitsforGraduate/Professional Students

Graduate/ProfessionalIndependent Students (all graduate and professional students are considered independent)
Graduate or Professional Students Annual Loan Limit$20,500—Unsubsidized only
Aggregate Loan Limit
Total for Graduate/Professional Degree Student
$138,500—No more than $65,000 of this amount may be in prior subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.

Cost of Attendance Increase Due to Computer Purchase

Cost of Attendance Increase Due to Computer Purchase

Summer School Financial Aid

Financial Assistance | North Carolina Central University (3)The process for summer school is a paperless application process:

  • You must be advised by your academic advisor and register for summer school in the sessions desired. Classes must appear in Banner. It is best to enter all classes at the same time.
  • Registered students will be automatically awarded. Awards will be based on the registered session(s) (Summer I, II, or I and II) at the time the summer school award is processed. Students must view and accept Summer award offers using myEOL.

Note: Studentswith a prior bill or those who are studying abroad will need to complete a Summer School paper application by requesting one from the Office of Scholarships and Student Aid.

Approved Certificate Programs

Gain valuable skills and enhance your resume and career opportunities with a certificate program. Stand out to prospective employers or improve your prospects for advancement in your current position. A US Department of Education-approved certificate program is a convenient option for working professionals to stand out to prospective employers or improve theirprospects for advancement in their current position.

Program NameCIP CodeCreditsEffective Date
UNDERGRADUATE APPROVED PROGRAMS
Cybersecurity Certificate11.0103189/14/22
Licensure-Only Undergraduate13.0101309/14/22
Uncrewed Aircraft Systems45.0702159/14/22
Undergraduate Residency Ed. Licensure24.0102309/14/22
GRADUATE ANDPROFESSIONAL APPROVED PROGRAMS
Academically Gifted (Undergraduate) Add-On Licensure13.1005129/14/22
Assistive Technology for Individuals with Visual Impairment Certificate13.1009189/14/22
Civil Rights and Constitutional Law22.010189/14/22
Clinical Research Sciences51.1099129/14/22
Dietetic Internship Program51.3101109/14/22
Dietetic Internship Program (DIP)19.0101159/14/22
Digital Librarianship25.0101189/14/22
Dispute Resolution22.010189/14/22
E-Learning Certificate13.0501189/14/22
Equity Certificate Program13.0401129/14/22
Faith-Based and Philanthropic Entrepreneurship44.0401129/14/22
Family and Consumer Science, Concentration Teacher Education19.0101819/14/22
FEM Dietetics Certificate Online51.3101109/14/22
Geospatial Intelligence Certificate45.0702189/14/22
Global Security Studies13.1399249/14/22
Health Informatics11.0401219/14/22
Health Informatics51.2706189/14/22
Information Policy and Management11.0401219/14/22
Justice in the Practice of Law22.010189/14/22
Licensure-Only Graduate13.0101159/14/22
Middle Level Education13.1202939/14/22
Non-Profit Management Certificate44.0401129/14/22
Post Baccalaureate Certificate in Orientation and Mobility13.1009319/14/22
Reading Add-On Licensure13.0301259/14/22
School Counseling13.1101519/14/22
Special Education13.1005339/14/22
Teaching Artist Certificate Program50.0901169/14/22
Tech Law and Policy Center22.010189/14/22

Not Approved Certificate Programs

The Department of Education did not approve the certificate programs listed below for financial aid. These programs are ineligible for grants, work-study and loans. Students may establish a payment plan with the Student Accounting Office.

Program NameCIP CodeCreditsEffective Date
NOT APPROVED UNDERGRADUATE PROGRAMS
Computer Information Systems11.0199179/14/22
Foodservice and Operations Management52.0901139/14/22
NOT APPROVED GRADUATE PROGRAMS
Biology, Concentration Teacher Education26.01011079/14/22
Birth - Kindergarten13.1209719/14/22
Chemistry, Concentration Teacher Education40.05011079/14/22
Educational Technology13.0501399/14/22
Elementary Education13.1202789/14/22
English as a Second Language (K-12) Add-On Licensure13.0301289/14/22
English, Concentration Teacher Education23.0101819/14/22
Faith-Based and Philanthropic Entrepreneurship-Accelerated44.0401129/14/22
Global Security Studies45.1001249/14/22
History, Concentration Teacher Education, Comprehensive Social Studies54.0101819/14/22
Mathematics, Concentration Teacher Education27.0101919/14/22
Middle Grades13.1203939/14/22
Music, Concentration Teacher Education50.0901949/14/22
Physical Education13.1314789/14/22
Physics, Concentration Teacher Education40.08011079/14/22
School Administrator Principal13.0409429/14/22
School Media Coordinator25.0101129/14/22
Spanish, Concentration Teacher Education16.0905789/14/22
Special Education - Visual Impairments13.1009399/14/22
Speech-Language Pathologist51.0201609/14/22
Theatre Arts, Concentration Teacher Education50.0501879/14/22
Financial Assistance | North Carolina Central University (2024)

FAQs

What percentage of students receive financial aid at NCCU? ›

Financial aid helps make college affordable, and over 85% of NC Central students receive financial assistance.

What is the financial aid code for North Carolina Central University? ›

Use school code 002950 in section six.

What percentage of students receive financial aid at UNCC? ›

At Charlotte, nearly 75% of our students receive financial aid. Financial aid consists of grants, scholarships, loans, and student employment.

What percentage of students receive financial aid at NC State? ›

More than 70% of our undergraduates apply for financial aid. Nearly 50% of our undergraduates qualify for some form of need-based aid, based on federal guidelines.

How much is Nccu after financial aid? ›

The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which come in on average at $15,633 for in-state students and $26,877 for out-of-state students receiving need-based aid.

How much do most students get for financial aid? ›

Average amounts are about $9,000, with less than half of that in the form of grants. This table shows the maximum and average amounts for various types of federal student aid for undergraduate students for 2020-2021. Average amounts have been rounded to the nearest multiple of $10.

Who is eligible for financial aid in NC? ›

Be a U.S. citizen or eligible non-citizen (permanent resident) Enroll full-time in coursework for program unless otherwise approved for part-time or underload status. Maintain satisfactory academic progress. Not be in default of prior federal loans or required grant repayments.

Does NCCU accept private loans? ›

NCCU does not certify or process Private or Alternative Loans.

How do I contact NCCU about financial aid? ›

For additional information on Federal loans and aid, contact the NCCU Office of Scholarship and Student Aid at 919-530-6335. U.S. Department of Education Student Financial Assistance. Starting point for information on federal student aid programs.

Which universities give out the most financial aid? ›

Most Generous Colleges and Universities for Financial Aid
  • Harvard University. ...
  • Northwestern University. ...
  • Colby College. ...
  • Wellesley College. ...
  • Columbia University. ...
  • Stanford University. ...
  • Wesleyan University. Average Grant or Scholarship Aid: $59,830. ...
  • Princeton University. Average Grant or Scholarship Aid: $59,790.
May 9, 2024

How many people get accepted for financial aid? ›

Financial Aid Demographics

A higher number of part-time students (6.4 million) accept student financial aid than full-time students (5.7 million). A higher percentage of full-time students (62.4%) accept financial aid than part-time students (51.5%).

What are the odds of getting FAFSA aid? ›

When you file the FAFSA, you have an 85% chance of receiving some type of aid. Let's put it in perspective: Buy a lottery ticket – 0.0015% chance of winning. File the FAFSA – 85% chance of getting aid.

Is NC State generous with financial aid? ›

NC State offers a variety of scholarships for both incoming first-year students and those who are continuing at NC State. Most scholarships require academic competitiveness or the demonstration of a specific talent or characteristic. Some scholarships require that students also demonstrate financial need.

How much does the average student get in federal aid? ›

Data Summary. 70% of full-time, first-year undergraduate students in 2021-2022 were awarded some type of financial aid. The majority of students awarded financial aid received federal grants. The average federal grant award for undergraduate students has more than doubled to $8,890 in 2022 from $4,335 in 2001.

How much does it cost to go to the UNC for 4 years? ›

UNC tuition and expenses for four years would be, based on 2022-23 numbers, $104,248 for students who live in North Carolina and $225,608 for those coming from other states.

What percentage of students receive financial aid at university of North Carolina? ›

At Carolina, 74% of all undergraduates apply for aid and 62% of applicants receive some form of need-based financial aid. The average need-based scholarship or grant award for 2021-2022 is $14,910.

What percentage of students receive financial aid at U of A? ›

At Arizona, nine out of 10 students receive financial aid.

What percent of students do FAFSA? ›

Federal Student Aid. Most federal financial aid is need-based. Grants, loans, work-study programs, and additional education-related benefits are available through multiple federal agencies. 71% of families apply for federal financial aid using the Federal Application for Student Financial Aid (FAFSA).

What percentage of students receive financial aid at CMU? ›

Financial Aid Statistics for Carnegie Mellon University

Additionally, 41% of first-year students received need-based financial aid in fall 2021. Need-based self-help aid includes federal loans and work-study.

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