In 2003, Chancellor James Moeser announced the Carolina Covenant, wherein UNC offers a debt free education to low-income students who are accepted to the university. The program was the first of its kind at a public university and the second overall in the nation (following Princeton University). About 80 other universities have since followed suit.[161]

Kiplinger's Personal Finance in 2015 ranked UNC-Chapel Hill as the number one "best value" public college in the country.[152] The university also topped The Princeton Review's list of the Best Value Colleges in 2014.[153] Similarly, the university is first among public universities and ninth overall in "Great Schools, Great Prices", on the basis of academic quality, net cost of attendance and average student debt.[154]
Justin McKoy grew up like a lot of kids in the state of North Carolina. He wanted to be a Tar Heel. "I'd always mimic playing basketball in the house with my brother," McKoy said. "It would be like Justin from Carolina playing against his brother from Duke." Entering his junior season, McKoy is finally getting the chance to live out his childhood fantasy. (WRAL Sports Fan)
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