<p>Hi, right now, my financial aid is not 100% covered by UNC but next yr my family predicts our income will really decrease with the closing of our restaurant . Is it possible to have all my expenses paid as a sophomore by the carolina covenant when i apply again for fin aid next yr? Or is the program strictly set aside for freshmen and transfer students only? Thanks.</p>
<p>My understanding of the Carolina Covenant is that it’s for historically low income students, so having one year with a low-to-zero EFC wouldn’t necessarily qualify you. However, if you do have a zero EFC, you could get 100% grants if you’re lucky. Most likely, if you have a low EFC, you’ll get the majority of FA in grants (Pell and Institutional) plus federal sub and unsub loans. Carolina really has fantastic FA in my experience, so I wouldn’t stress too much about it. You can always appeal if need be.</p>
<p>If you qualify sophomore year, I don’t see why you wouldn’t become a carolina covenant scholar. If you’re unsure contact the financial aid office and double check, it’s definitely worth it if you get into the program. I’m the opposite of you; I qualified my freshman year and now that I’m a sophomore I didn’t meet requirements due to a decrease in the size of my household. I still received grants and only need to come up with about $4000 which is great. Good luck!</p>