College Foundation of North Carolina
The maximum award amount varies annually. The award amount cannot exceed demonstrated financial need. Awards are non-renewable. In the 2013-2014 academic year (the most recent for which data is available), the average award amount was $3,300.
The number of awards offered varies annually. In the 2013-2014 academic year (the most recent for which data is available), there were eight scholarships awarded.
The Jagannathan Scholarship program is administered by the North Carolina State Education Assistance Authority (NCSEAA). Awards are based on financial need and merit. Nominees are judged on their academic record which includes good SAT scores (usually 1100 or above) and a grade point average (usually 3.5 or above) that will make them admissible to one of the eligible institutions. In addition, nominees should be well-rounded, with excellent extracurricular activities, leadership, and community service. All Jagannathan Scholarship candidates and recipients are required to complete the CSS Profile annually. The resulting need analysis determines whether or not the student may compete in the Jagannathan program and his/her eligibility for Jagannathan Scholarship funding. Each year NCSEAA determines, on the basis of budgets provided by the eligible institutions, the average cost of attendance for UNC constituent institutions. Families that have an EFC greater than the average cost of attendance for the year in question are eliminated from the selection process. Each public high school in North Carolina and each of the 16 constituent institutions of The University of North Carolina may nominate one student for the Jagannathan Scholarship. Preference for the award is given to children of employees of Universal Fibers. These companies may submit unlimited nominations of students who meet the selection criteria. Students who do not have documented financial need will not be considered for the scholarship. Students will be notified in May of their candidacy status.
Applications are available online at the College Foundation of North Carolina (CFNC) website. The applicant must complete an application and be nominated by the financial aid office of one of the co ... sign up for full scholarship deadline information.