by our College Data Analytics TeamMost students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at University of North Carolina at Charlotte can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will UNC Charlotte provide, and just what are you going to be eligible for? Read on for answers. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of North Carolina at Charlotte.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at University of North Carolina at Charlotte, 75% of the incoming full-time class was awarded financial aid around 3312 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $7,966 |
| Institutional grants & scholarships | 47% | $3,814 |
| Federal Pell grants | 34% | $6,077 |
| State/local grants | 30% | $2,920 |
| Federal student loans | 44% | $5,389 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at UNC Charlotte, approximately 49% of undergraduates were awarded an average grant or scholarship of $8,611 (across approximately 11724 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $8,611 |
| Federal Pell grants | 34% | $5,743 |
| Federal student loans | 39% | $6,359 |
For on-campus title-IV students, average grant aid came to $7,575.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,707 |
| $30,001 – $75,000 | $12,104 |
| Over $75,000 | $20,206 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,435 |
| Off-campus title-IV students | $14,745 |
For a customized cost estimate, visit UNC Charlotte’s net price calculator: calculator.charlotte.edu/.
The middle student in the debt distribution at UNC Charlotte owes $16,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at UNC Charlotte.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,914 |
| 25th percentile | $7,000 |
| 75th percentile | $26,700 |
| 90th percentile (highest-debt students) | $33,625 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,377 |
| Middle income | $16,250 |
| High income | $15,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,000 |
| Continuing-generation students | $15,275 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,929 |
| Independent students | $18,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UNC Charlotte.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at UNC Charlotte:
| Metric | Value |
|---|---|
| Stafford loan recipients | 78118 |
| Total Stafford loan amount | $1,706,490,676 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 604 |
| Total GI Bill amount | $4,271,361 |
| Average GI Bill amount per recipient | $7,072 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 46 |
| Total DoD amount | $127,230 |
| Average DoD amount per recipient | $2,766 |
References
More about our data sources and methodologies.