Im from MD, and recently I toured UNC and fell in love.
When my parents do the net price calculator, the result is that I should “receive about 47k of the 50k price in grants.” Is this realistic? I have a feeling something is wrong because my parents do make more than 60k a year so there should be some parent contribution.
Also, for any students unc now from OOS, how much money were you given and how are you paying for the cost?
Hard to say with the little information you provided. Something sounds off. What is your FAFSA EFC? Keep in mind that UNC is a Profile school so they will look deeper into your family finance.
Little bit confused. Do your parents individually make 60k or together? When I’ve applied as an OSS to other schools (Clemson and Alabama) I didn’t receive any state grant money. I only got like 7,000 from each school and it was only loans. When applying to other UNC system schools, I did receive UNC Grant money so… there might be a possibility to get some grant money, but don’t expect 47k.
My parents make nearly 200k together, so I am wondering what we may be doing wrong on the NPR 
May I ask around how much you received from UNC?
It really sucks when you fall in love with a school but cant afford it
If you have two or more students in college at the same time, you can get a pretty good FA package with a salary in the $200,000 range. $47,000 in grants is high, regardless. Check your numbers.
With one in college at that salary ^, I doubt somebody would get anything.
UNC looks at assets (including home equity), income and number of college student as well as any other information listed on the Profile. With an income of 200K, I can almost guarantee that you will not get 47K in grants unless you get one of the big scholarships. Rerun the NPC.
What is your FAGSA EFC. I would expect that to be the LEAST you would be expected to pay.
UNC requires that families fill out the profile but they use the EFC from the FAFSA and do not use home equity- at least thst is how ours has been done for two years in a row. I assume this is how it is done for everybody but who really knows. Additionally, we had our FA redone from the beginning because we had an unusual one time occurrence and they could not have been nicer.
An income of $200,000 with one child in school will not get aid unless there are unusual circumstances going on, in which case they will reconsider aid.
How much may I receive if my parents are making about $30,000 a year with an EFC=0? I’m out of state student.
If your FAFSA EFC is Zero you will likely get a nice FA package. Go on the Net Price Calculator and also read up on the Carolina Covenant. We are also OOS.
Do you think I will have to take loan? If yes how much u think it will be
I believe UNC still meets full need for OOS. You can ask the FA department if this is still the case . They will calculate a EFC based on the Profile which will likely be different and higher than the FAFSA EFC. If you have a FAFSA EFC of zero AND have the typical assets of a family with an EFC of zero then you should get a very good package. The amount of loans will depends on if you are a Carolina Covenant Scholar (see UNC website for details). If not, I would guess the loans to be no more than the federal loan limits (5500, 6500, 7500, 7500) with maybe with a additional student contribution from a summer job. You will also likely qualify for a laptop grant to pay for your computer.
It is worth applying as long as you realize that OOS acceptance is tough.
As a side note, UNC focuses most of its resources on need based aid. There is very little merit scholarships.
Our FA packages have been based on our FAFSA EFC. My daughter is a current freshman and we just got our recalculated FA package for next year. We had a " special circumstance" that we wrote about on the profile ( we also sent in the documents) and when I mentioned to the office that we wrote about it on the profile, our assigned counselor said " we don’t even read that."
Last year she received a grant, two different subsidized loans, and work study. This year she received a generous grant, and two different subsidized loans. We are OOS and they met our fafsa EFC. We have 2 in college.
With an EFC of 0 you should get very good aid. We make what is considered a good income and still get aid.
Our state based aid and federal aid was based on FAFSA EFC. Our UNC aid was based on the Profile EFC.
I agree that with an EFC of zero you should get vey good aid as long as the assets are low. The NPC should give you a good idea as long as you don’t own a business or have rental income.
UNC met our FAFSA EFC. For example, if our FAFSA EFC was $30,000 and the total COA was $50,000, we received $20,000 in aid.
How do you tell the difference between state and federal aid based on FAFSA EFC, and UNC aid based on the profile? Do you mean federal loans and work study were based on the FAFSA, and grants were based on the profile? That makes sense, however how do you know your profile EFC? Did the school meet your FAFSA EFC?