Anyone Familliar with UNC financial aid/ The Carolina Covenant?

<p>Hello,</p>

<p>I got into UNC as a transfer student and am anxiously waiting on financial aid. My dad has been having trouble securing employment and I am pretty sure I qualify for the carolina covenant.... I am OOS transferring in as a junior. ( i think)</p>

<p>My question is, lets say i wanted to take an extra year and get a double major ...would this cover my extra year of school here? If i were to take 3 instead of 2</p>

<p>You probably already found this, but… [FAQ</a> | The Carolina Covenant ~ The University of North Carolina at Chapel Hill](<a href=“http://www.unc.edu/carolinacovenant/frequently-asked-questions.php]FAQ”>http://www.unc.edu/carolinacovenant/frequently-asked-questions.php)</p>

<ol>
<li>For how long may a student receive a Covenant award?
A student who is designated as a Carolina Covenant Scholar as an entering freshman and who continues to meet eligibility criteria may be awarded as a Covenant Scholar until he or she has completed the requirements for a first baccalaureate degree, up to a maximum of nine semesters. The maximum number of semesters is prorated for Covenant Scholars who enter Carolina as transfer students.</li>
</ol>

<p>The maximum number of semesters is prorated for Covenant Scholars who enter Carolina as transfer students. </p>

<p>what does thsi mean? that transfer sonly get how mcuh they need to finish or is it 9 semesters since that is the max?</p>

<p>Pro-rated means they will proportionately determine the maximum number of semester. So a transfer student would be allowed less than a maximum 9 semesters that they allow incoming freshmen, based upon class standing at the time they enroll. </p>

<p>For example – if you enter with enough credits to be a junior, they will subtract those semesters from your maximum. </p>

<p>It does sound like they give freshmen one extra semester over four years, so they may give transfer students the extra semester as well… meaning if it should only take you 4 semesters as a full time student to finish they may give you five semesters of eligibility. </p>

<p>The office of financial aid will be better able to answer the question specific to your circumstances. This is just my understanding of what is written on the website.</p>