Undergraduate students whose household income is less than $100,000 will not have to pay anything to attend Princeton University, the school said.
Governor Roy Cooper has announced a $51.4 million investment toward education grants and student financial aid.
Full scholarships are earmarked for all students whose families have income between $65,000 and $130,000. Below that income level, grants will bolster the aid package even further.
As many as 40 percent of students who intend to go to college don't show up in the fall. Education researchers call this phenomenon "summer melt," and it has long been a puzzling problem.