When Renatta Craven was young, she hoped to attend UNC, though she never thought that dream could become reality.
But Craven is now a month into her freshman year at the University -- and with the help of Carolina Covenant, she will graduate debt-free.
"Carolina was the only place I wanted to go," Craven said. "The Carolina Covenant just made the opportunity a reality."
She is one of 225 students who will benefit from the Covenant in its inaugural year.
Like most Carolina Covenant beneficiaries, Craven's childhood was without luxury. Her grandmother raised her in Raleigh after Craven's mother died when she was 3 years old. Her father left before she was born.
"My grandmother didn't have very much money at all," she said. "We never struggled for basic necessities, but attending college without total financial assistance was out of the question."
Enter the Carolina Covenant, the revolutionary program announced last fall that promises low-income students a debt-free education.
For a student to be eligible, his or her parents' combined income cannot exceed 150 percent of the federal poverty guidelines. The average parental income for this year's Covenant students is $13,400, according to a presentation made at Thursday's UNC Board of Trustees meeting.
"A year ago it was difficult to convey simply ... that there is money available," said Shirley Ort, director of scholarships and student aid and Covenant initiator. "There is a lot of talk about rising college costs, and students might have thought they couldn't afford to come here."