The most enduring symbol of the university is the Old Well, a small neoclassical rotunda based on the Temple of Love in the Gardens of Versailles, in the same location as the original well that provided water for the school.[83] The well stands at the south end of McCorkle Place, the northern quad, between two of the campus's oldest buildings, Old East, and Old West.
Basketball coach Dean Smith was widely known for his idea of "The Carolina Way", in which he challenged his players to, "Play hard, play smart, play together."[172] "The Carolina Way" was an idea of excellence in the classroom, as well as on the court. In Coach Smith's book, The Carolina Way, former player Scott Williams said, regarding Dean Smith, "Winning was very important at Carolina, and there was much pressure to win, but Coach cared more about our getting a sound education and turning into good citizens than he did about winning."[173]
UNC-Chapel Hill's library system includes a number of individual libraries housed throughout the campus and holds more than 7.0 million volumes in total.[110] UNC-Chapel Hill's North Carolina Collection (NCC) is the largest and most comprehensive collection of holdings about any single state nationwide.[111] The unparalleled assemblage of literary, visual, and artifactual materials documents four centuries of North Carolina history and culture.[112] The North Carolina Collection is housed in Wilson Library, named after Louis Round Wilson, along with the Southern Historical Collection, the Rare Books Collection, and the Southern Folklife Collection.[113] The university is home to ibiblio, one of the world's largest collections of freely available information including software, music, literature, art, history, science, politics, and cultural studies.[114][115]

In 2011, the first of several investigations found fraud and academic dishonesty at the university related to its athletic program.[49] Following a lesser scandal that began in 2010 involving academic fraud and improper benefits with the university's football program, two hundred questionable classes offered by the university's African and Afro-American Studies department (commonly known as AFAM) came to light. As a result, the university was placed on probation by its accrediting agency in 2015.[50][51] It was removed from probation in 2016.[52]
One of the fiercest rivalries is with Durham's Duke University. Located only eight miles from each other, the schools regularly compete in both athletics and academics. The Carolina-Duke rivalry is most intense, however, in basketball.[181] With a combined eleven national championships in men's basketball, both teams have been frequent contenders for the national championship for the past thirty years. The rivalry has been the focus of several books, including Will Blythe's To Hate Like This Is to Be Happy Forever and was the focus of the HBO documentary Battle for Tobacco Road: Duke vs Carolina.[182] Duke was Carolina's biggest rival from the 1930s until the early 1960s, when Duke's declining athletic program shifted Carolina's rival focus to North Carolina State.

The updated 247Sports rankings for the 2022 basketball recruiting class were released Wednesday. All of UNC's commitments made a significant shift. Point guard commit Seth Trimble jumped from 41 to 28 in the rankings. Center Jalen Washington fell from 22 to 49. Center Will Shaver fell from 103 to 141. And forward Tyler Nickel moved from No. 75 to No. 79. (Inside Carolina)
The student-run newspaper The Daily Tar Heel is ranked highly by The Princeton Review,[200] and received the 2004–5 National Pacemaker Award from the Associated Collegiate Press.[201] Founded in 1977, WXYC 89.3 FM is UNC-Chapel Hill's student radio station that broadcasts 24 hours a day, 365 days a year. Programming is left up to student DJs. WXYC typically plays little heard music from a wide range of genres and eras. On November 7, 1994, WXYC became the first radio station in the world to broadcast its signal over the internet.[202][203] A student-run television station, STV, airs on the campus cable and throughout the Chapel Hill Time Warner Cable system.[204] Founded in 1948 as successor to the Carolina Magazine,[205] the Carolina Quarterly, edited by graduate students, has published the works of numerous authors, including Wendell Berry, Raymond Carver, Don DeLillo, Annie Dillard, Joyce Carol Oates, and John Edgar Wideman. Works appearing in the Quarterly have been anthologized in Best American Short Stories and New Stories from the South[206] and have won the Pushcart and O. Henry Prizes.[207]
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 Clef Hangers (also known as the Clefs) are the university's oldest a cappella group, founded by Barry Saunders in 1977.[208][209] The group has since won several Contemporary A Cappella Recording Awards (CARAs), including Best Soloist in the song Easy, featured on the 2003 album Breeze. They have won two more CARAs for Best Male Collegiate Songs for My Love on Time Out (2008),[210] and for Ain't Nothing Wrong on Twist (2009).[211] Members have included Brendan James, who graduated in 2002,[212] and Anoop Desai, who graduated in 2008.[209] Since the spring of 2002, the Clef Hangers have sung each year at Commencement. They hold fall and spring concerts, sometimes featuring special guests.
In 1921, the University of North Carolina became a founding member of the Southern Conference. Bunny Hearn became head coach of the Tar Heel baseball program in 1932, serving in that capacity for the next 15 years. The Tar Heels would win six Southern Conference baseball titles during the Hearn era, as well as two wartime Ration League titles in 1943 and 1945. In 1947, Hearn suffered a stroke and chose to relinquish his head coaching duties. Walter Rabb would thereafter take over as head coach of the Tar Heel baseball program, though Hearn remained as a coach at North Carolina for another ten years.
Steve Forbes is another ACC coach who was active in the transfer portal this offseason, bringing in Colorado center Dallas Walton, Ole Miss forward Khadim Sy, Oklahoma guard Alondes Williams, Indiana State forward Jake LaRavia and East Tennessee State forward Damari Monsanto, who suffered an Achilles tear this summer. The group will need to provide adequate support for returning leading scorer Davien Williamson (12.9 ppg), junior forward Isaiah Mucious (10.3 ppg, 5.2 rpg) and former Top-100 point guard recruit Carter Whitt if the Demon Deacons hope to climb out of the league cellar.

Many fraternities and sororities on campus belong to the National Panhellenic Conference (NPC), Interfraternity Council (IFC), Greek Alliance Council, and National Pan-Hellenic Council (NPHC). As of spring 2010, eighteen percent of undergraduates were Greek (1146 men and 1693 women out of 17,160 total).[219] The total number of community service hours completed for the 2010 spring semester by fraternities and sororities was 51,819 hours (average of 31 hours/person). UNC-Chapel Hill also offers professional and service fraternities that do not have houses but are still recognized by the school. Some of the campus honor societies include: the Order of the Golden Fleece, the Order of the Grail-Valkyries, the Order of the Old Well, the Order of the Bell Tower, and the Frank Porter Graham Honor Society.[220]
As he joins the Tar Heels, Brady Manek will have someone from afar watching him closely. The fifth-year transfer met local media for the first time this week, and the 6-9 shooter said some interesting things about why he left Oklahoma to play his final college season in Chapel Hill. One, he is among the best big marksmen who ever played in the Big 12. (Chapelboro.com)
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