My son goes to UNC Chapel Hill. He was his high school's valedictorian and had excellent SAT's. He won an academic scholarship (The Johnston) that has a needs based criteria as well. My wife (she's disabled and receives Social Security Disability) earn less than $100K. Based on our income, our son's scholarship is whittled down to all of $1000.00 per semester. I'm paying nearly $9,000.00 per semester so he can graduate with no loans.