The Residence Hall Association, the school's third-largest student-run organization, is dedicated to enhancing the experience of students living in residence halls. This includes putting on social, educational, and philanthropic programs for residents; recognizing outstanding residents and members; and helping residents develop into successful leaders. The organization is run by 8 student executive officers; 16 student governors that represent each residence hall community; and numerous community government members. RHA is the campus organization of NACURH, the largest student organization in the world. In 2010 the organization won the national RHA Building Block Award, which is awarded to the school with the most improved RHA organization.

The October 22, 2014 release of the Wainstein Report[174] alleged institutionalized academic fraud that involved over 3,100 students and student athletes, over an 18-year period from 1993 to 2011 that began during the final years of the Dean Smith era, challenged "The Carolina Way" image.[175] The report alleged that at least 54 players during the Dean Smith era were enrolled in what came to be known as "paper classes." The report noted that the questionable classes began in the spring of 1993, the year of Smith's final championship, so those grades would not have been entered until after the championship game was played.[176] In response to the allegations of the Wainstein report, the NCAA launched their own investigation and on June 5, 2015[177] the NCAA accused the institution of five major violations including: “two instances of unethical conduct and failure to cooperate“ as well as “unethical conduct and extra benefits related to student-athletes' access to and assistance in the paper courses; unethical conduct by the instructor/counselor for providing impermissible academic assistance to student-athletes; and a failure to monitor and lack of institutional control".[178] In October, 2017, the NCAA issued its findings and concluded "that the only violations in this case are the department chair's and the secretary's failure to cooperate."[178]

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]

The university offers degrees in over 70 courses of study and is administratively divided into 13 separate professional schools and a primary unit, the College of Arts & Sciences.[16] Five of the schools have been named: the UNC Kenan–Flagler Business School, the UNC Hussman School of Journalism and Media, the UNC Gillings School of Global Public Health, the UNC Eshelman School of Pharmacy, and the UNC Adams School of Dentistry. All undergraduates receive a liberal arts education and have the option to pursue a major within the professional schools of the university or within the College of Arts and Sciences from the time they obtain junior status. It is classified among "R1: Doctoral Universities – Very high research activity", and is a member of the Association of American Universities (AAU).[17][18] According to the National Science Foundation, UNC spent $1.14 billion on research and development in 2018, ranking it 12th in the nation.[19]

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