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Recognized Entity Criteria for Residency for UG Full Scholarships

Responsibilities of the Office of Scholarships and Financial Aid to assure NC State’s compliance.

  • Monitor scholarship awards to students from recognized entities to determine which students qualify for the in-state tuition rate.
  • Set appropriate residency code in the Registration and Records database to assure qualifying students are charged the correct tuition and tracked as recipients of this benefit for reporting purposes.
  • Verify students’ continued eligibility for this benefit in subsequent years.
  • Assure that individual students qualifying for this benefit do not receive more institutional scholarship and grant support than their total estimated costs to attend NC State.
  • Provide the Chancellor with an annual report regarding the demographics and academic progress of recipients of this benefit to share with the Board of Trustees.

Criteria to qualify as a recognized entity.

  • Scholarship funds must be administered by NC State or an affiliate, e.g., Park Foundation, college or university foundations.
  • Recipients must be chosen by NC State or an affiliate through the normal procedures used to award financial aid.
  • Funds must come from a single source if administered by an entity outside an NC State college (e.g., funds cannot be combined from separate recognized entities except for the Provost’s Academic Award).
  • Funds may come from multi-sources if all funds are awarded from within an NC State college or its affiliate (e.g., funds can be combined from several College of Agriculture and Life Sciences foundations).
  • Provost’s Academic Award may be included with college-based funding to qualify students for this benefit.
  • No federal or state funding may be counted in qualifying students for this benefit.
  • The Chancellor may issue exceptions to these criteria at his/her discretion.

Recognized Entities (updated 4-8-11)

  • Park Foundation (Park Scholarships)
  • Provost Academic Award, in conjunction with University Endowed Scholarship funding
  • University Scholarships held in:
    • NCSU Foundation, Inc.
    • Endowment Fund of NCSU
    • NC Agricultural Foundation, Inc.
    • NC Dairy Foundation, Inc.
    • NC Tobacco Foundation, Inc.
    • NCSU Engineering Foundation
    • NC Forestry Foundation
    • Pulp & Paper Foundation, Inc.
    • NCSU Physical & Mathematical Sciences Foundation, Inc.
    • NC Textile Foundation
    • NC Veterinary Medical Foundation, Inc.
    • NCSU Alumni Association, Inc.

Responsibilities of approved entities.

  • Assure that it has adequate funding available to cover all full scholarships for the current year.
  • Assure that it has the financial resources to provide all full scholarships if the authorizing statute is abolished and, thus, the full cost of out-of-state scholarships must be paid by the entity.
  • Assure that in the event that new state funding is not appropriated to replace the lost non-resident tuition receipts, the resulting budget shortfall will be accommodated through either additional receipts from the affiliated entities or resource reallocations coordinated through the Provost.