Penn Family Scholarship

The Penn Family Scholarship was established as an endowed fund from the proceeds of the sale of the Chinqua Penn Plantation in Rockingham County. The income from the endowment is designated to provide scholarships for needy Rockingham County students attending one of the constituent institutions of the University of North Carolina. This scholarship provides financial assistance ranging from $1,000 to $3,000 per year for undergraduate students who demonstrate financial need. Recipients are selected by their colleges, and awards are intended to reduce or eliminate educational loans rather than reduce eligibility for other grants or scholarships. While the scholarship is not automatically renewable, campuses may elect to renew a student's funding based on continued eligibility and satisfactory academic progress.