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Merit Scholarships at Carolina Board of Visitors Meeting Friday, April 24 th , 2009

This meeting discusses the importance of merit scholarships at Carolina in recruiting high-achieving students, showcasing the university's caliber, and providing opportunities for excellence.

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Merit Scholarships at Carolina Board of Visitors Meeting Friday, April 24 th , 2009

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  1. Merit Scholarships at Carolina Board of Visitors Meeting Friday, April 24th, 2009 Dan Thornton, Associate Director of Scholarships and Student Aid Stephen Farmer, Associate Provost and Director of Undergraduate Admissions Elizabeth Dunn, Senior Associate Vice Chancellor for Development

  2. Merit Scholarships: Which Student?

  3. Merit Scholarships: Which Student?

  4. Merit Scholarships: Which Student?

  5. Merit Scholarships at Carolina: Why Do We Have Them? • They are a much-needed recruitment tool and help us compete with our peer institutions, which tend to vie for the same students. • They show high-achieving students that they are wanted by the University and that their potential for excellence and success in college has been recognized. • They send a message about the caliber of the student body overall at Carolina, which is a benefit to all students.

  6. Merit Scholarships at Carolina • Last year 211 merit scholarships were awarded and accepted, including Morehead-Cain and Robertson. • Less than 6% of last year’s incoming class entered Carolina with the benefit of a merit scholarship. Consider this: • 17% of last year’s incoming class was either valedictorian or salutatorian, and 40% was ranked 1-10.

  7. Merit Scholarships at Carolina: Selection Process* Applications 2009 = +/- 24,000 +/- 12, 000 Deadline 1 applications +/- 12,000 Deadline 2 applications +/-600 +/-600 Selected by Admissions for Honors / Merit consideration Review by faculty committee +/-150 +/-150 Candidates invited to Scholar Day *does not include Morehead-Cain, Robertson or Pogue +/-300 offers of varying amounts

  8. Merit Scholarships: More than just $$$ • Results of Scholar Day determine size of merit awards. These range from small annual awards of $2,500 to full-cost scholarships. Successful Scholar Day invitees also are invited into the Honors Program. • For four scholarship types, we offer faculty mentoring, experiential learning opportunities, and involvement in scholar-initiated activities. • For many scholarship candidates, the programming benefits are what ultimately yields them, rather than the size of the dollar amount.

  9. Merit Scholarships at Carolina • Types of Merit Scholarships: • Founders - Half tuition and fees • In-state only: • $75,000 to endow • $15,000 for 4-year expendable • $3,000 per year award • $750 programming dollars

  10. Merit Scholarships at Carolina • Types of Merit Scholarships: • Old Well - All tuition and fees • In-state only: • $150,000 to endow • $30,000 for 4-year expendable • $6,000 per year award • $1,500 program dollars

  11. Merit Scholarships at Carolina • Types of Merit Scholarships: • Carolina Scholars – Tuition, fees, room, and board • In-state, out-of-state, and international: • $400,000 to endow • $80,000 for 4-year expendable • $15,000 per year award • $5,000 program dollars

  12. Merit Scholarships at Carolina • Types of Merit Scholarships: • Advantagemiddle-income • In state: • $100,000 to endow; $20,000 for 4-year expendable • $5,000 per year award • no programming component

  13. Merit Scholarships at Carolina • Types of Merit Scholarships: • Advantage middle-income • Out-of-state: • $200,000 to endow • $40,000 for 4-year expendable • $10,000 per year award • no programming components

  14. Questions?

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