Carolina’s new director
and Student Aid
talks about maintaining
the commitment to meeting
100 percent of need.
Four years ago, Carolina’s promise to meet the full documented need of students who qualify for financial aid was considered in jeopardy. Aid administrators were
worried the UNC System Board of
Governors would restrict the amount of
revenues from tuition increases that could
be used to insulate aid recipients from the
burden of the increase.
The BOG backed off then, but a year
and a half later, it placed a 15 percent cap
on the amount of tuition revenue that can
be applied to need-based student financial
aid. Before the cap, UNC simply set
aside whatever was needed from a tuition
increase to hold aid recipients harmless.
UNC remains above the cap — at
19. 8 percent — so the amount of tuition
revenue it can spend on financial aid is
frozen until future tuition increases push it
Rachelle Feldman was at Cal-Berkeley — a school with many
financial aid similarities to Carolina — for 16 years, including
as assistant vice chancellor for financial aid and scholar-
ships for five years. She came to Carolina in August.