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Eligibility Requirements

Recipients of Bob & Bonnie Phelps Family CAP Awards shall have satisfied the general requirements established by the Office of Financial Aid or such other office as the University administration may select in its place.

Preference for the award will be given to students going into their senior year.

The recipients shall also meet the following additional eligibility requirements:

  • Shall be a U.S. citizen or Permanent Resident, and a full-time undergraduate student who is not a dependent of a UNC staff or faculty member.
  • Must have completed a minimum of 60 semester credits, including at least 24 earned at UNC; have at least two semesters remaining before his or her expected graduation date; and, be in good academic standing as determined by UNC’s Registrar’s Office.
  • Demonstrate financial need as interpreted and administered by the Bob & Bonnie Phelps Family CAP Award Process Coordinator and UNC's Office of Financial Aid.

The Award is administered on a semester basis, with 50% ($2,500) of the maximum amount distributed the following semester.  A recipient may have the Award renewed for one additional semester and for an amount equal to the student's first semester Award distribution if the student: a) still meets the eligibility criteria; and b) has successfully completed the BAFN 240 Introduction to Personal Financial Planning.

How to Apply

The application for the Bob and Bonnie Phelps Family CAP awards can be accessed through the UNC Universal Scholarship Application. 

To see more about the UNC Universal Scholarship application, click here

To apply, all students must submit a current resume, as well as a statement outlining how the applicant embodies and promotes the CAP values (Contribute, Achieve, Pay-It-Forward). 

All of your documents must include your name, or your application cannot be considered.

Starting in 2018, The Office of Engagement is requiring a UNC faculty/staff endorsement to be included on all CAP Scholarship applications.

Students are also encouraged to include other application materials that supplement applications, including, but not limited to, letters of recommendation, certificates of achievement, and more.