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Important Information Regarding North Carolina Grants

11/18/2011
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The North Carolina General Assembly made $35 million in cuts this year to funding for students studying at state independent colleges and universities in what is a difficult budgetary environment for many vital programs supported by our legislature. North Carolina’s independent colleges and universities are not the only educational programs affected. You have probably seen the headlines regarding a proposed 40% tuition increase at the University of North Carolina to cover the loss of state monies and heard about the funding challenges facing K-12 schools across the state. We are grateful for the funds made available to you in these difficult economic times, and we encourage you to seek out an opportunity to thank your local legislators for continued support of your educational goals and aspirations.

How will these changes affect you? For the spring semester (2011-2012), North Carolina has reduced the Legislative Tuition Grant by $230 for all undergraduates residing in the state and attending an independent college or university. In addition, the State Contractual Grant will be reduced by $205 for undergraduates receiving these funds and attending Wingate. Revised award letters reflecting the adjustments in state aid are being processed and mailed to students’ campus mail boxes.

Beginning in the 2012-2013 academic year, the General Assembly will eliminate both the Legislative Tuition Grant and the State Contractual Grant and will replace these grants with a new need-based program administered by the North Carolina State Education Assistance Authority. Funds will be awarded based on need as determined by the Free Application for Federal Student Aid (FAFSA). You should complete the FAFSA as soon as possible after January 1, 2012, as funding for this new program has been estimated and is not limitless. As soon as we receive additional information about the new need-based assistance program, we will make it available to you.

As you have questions about this spring and next year, please do not hesitate to contact us so that we can work through these changes together.
• Student/Parent Loans and General Aid Information – finaid@wingate.edu or 704.233.8209
• Payment Plans and Account Statements – wstegall@wingate.edu or 704.233.8217
• Aid Appeals and Options – studentsuccess@wingate.edu or 704.233.8036