Financial Services Overview

Investing In Your Future

Choosing a University is an important decision and a significant investment into your future. It is important to consider an institution that offers the educational experience you require to accomplish your goals combined with clear information regarding affordability, methods of repayment and future debt. The US Census Bureau has shown that a college education will pay for itself with future earnings. However, today's economic conditions compel students and their families to explore options that don't leave you saddled with incredible debt requiring a lifetime of payments. 

Each year the University awards approximately 1.9 million dollars in tuition grants and scholarships to its student body and over 96% of our students receive some form of financial aid or assistance.

Important Dates


October 1st

FAFSA opens for Fall 2021 semester — complete this as soon as possible


March 1st

Complete the Scholarship Application to be eligible for CU donor scholarships


July 25th

Financial Aid Documents and Payment Plans due for Fall 2021 semester

Net Price Calculator

We believe in offering an exceptional education at an affordable price point and we understand that price plays a major factor in your college decision. Our Net Price Calculator provides you with an estimate of what your tuition would be after receiving Federal and institutional financial assistance.

Net Price Calculator


Financial Services Checklist


TTU Perkins Loans

As part of the merger between Tennessee Temple University and Carolina University, the Temple Perkins Portfolio was liquidated.

Perkins Loans

Campus Work Study

Carolina University offers on-campus employment opportunities primarily to students with financial needs, but all students will be considered.

Work Study


Paras Loan Services

Paras Education Services (PES) is a financial consultant, helping all International Students to obtain study abroad loans @ 2% to 7% p.a. approx Interest (depending on Wall Street PLR) & repayment of 15/20 years, without any collateral, physical security or mortgage.

Paras Loan Services


Higher Education Emergency Relief Fund Disclosure

Carolina University (CU) was a recipient of funding from the Higher Education Emergency Relief Fund as part of the CARES Act passed by Congress in 2020.  The US Department of Education (the Department) requires certain disclosures related to our participation in this program as listed below. More information about the required disclosures can be found at

  1. CU signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus.
  2. CU received $203,931 from the Department for Emergency Financial Aid Grants to these students.
  3. As of June 20, 2020, a total of $203,931 has been distributed to qualifying students under Section 18004(a)(1) of the CARES Act.
  4. The estimated total number of CU students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 is 516.  Many of these do not qualify for the Emergency Financial Aid Grant based on their enrollment in an online program.
  5. As of June 20, 2020, the total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 239.
  6. Recipients of this grant were determined by identifying undergraduate students who were eligible for Title IV aid (determined by a completed FAFSA) and also enrolled on the main campus during the Spring 2020 semester.  Students in a graduate, doctoral, or online campus program were excluded based on our interpretation of the Department's guidelines regarding online students.  Base award amounts were determined using the following: $900 for residential students, $500 for full-time commuters, $250 for part-time commuters.  Additional “hardship” amounts were added in some situations based on independent statuses, family hardships, job losses, illnesses, and similar factors. A small portion was reserved for additional hardship grants as information was made available.
  7. The instructions to students concerning the Emergency Financial Aid Grants can be viewed in this archived email: Emergency Grant Funds Memo.

Quarterly Report for CARES Act Expenditures

Contact Financial Aid