The University of North Carolina (UNC) is a public university system, not a private institution. It comprises 16 campuses across North Carolina, with its flagship campus in Chapel Hill. Founded in 1789, UNC is one of the oldest public universities in the United States.
As a public university, UNC receives state funding and offers lower tuition rates for in-state students compared to private universities. It is governed by the UNC System Board of Governors and adheres to state educational policies, emphasizing accessibility and affordability for North Carolina residents.