The University of North Carolina at Pembroke (UNCP) Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$26.571M
Financial Aid Official Website
www.uncp.edu/admissions-aid/costs-financial-aid-information/financial-aid
Among them are scholarship programs such as Dr. Hugh and Madge Gleaton Scholarship Fund, Jagannathan Scholarship, North Carolina Student Incentive Grant, and Triangle Scholarship Program. Notably, 90% of the students at University of North Carolina at Pembroke get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $24,600,733. For additional information about financial assistance schemes, one can head over to UNCP’s financial aid page at http://www.uncp.edu/admissions-aid/costs-financial-aid-information/financial-aid. At UNCP, the total percentage of applicants who receive the Federal Grant stands at 63%. On the other hand, 80% of the candidates get the Student Grant, 42% receive the Institution Grant, and 63% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,227, the State Grant receivers and Institution Grant beneficiaries get $1,310 and $2,135, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,921. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At University of North Carolina at Pembroke, the percentage of candidates who opt to avail of student loans is around 67%.
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