WILMINGTON, NC (WECT) - The University of North Carolina Wilmington sent students an e-mail on Tuesday, informing them they would be canceling the Chancellor's Achievement Award due to budget planning for aggressive goals.
The Chancellor's Achievement Award is given to students who get straight A's for a semester. If a student gets a total of five awards, they receive $500.
"I don't get much sleep because I am trying so hard to get this award and now it's cut," says UNCW student Leslie McLean. Leslie was planning on using the award money to pay off her student loans.
According to UNCW, they have spent about $50,000 in the last three semesters for the award.
"It's such a small fraction of the budget, if you aren't going to spend it on your highest achieving students, who are you going to spend it on," asks UNCW student Taylor Smith.
UNCW declined to comment with an official statement regarding this matter.
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