Directs the UNC Board of Governors (BOG) to study the feasibility of offering accelerated undergraduate degree programs at constituent institutions consistent with the adopted Strategic Plan for UNC. Details nine factors the BOG must consider in conducting the study, including: (1) the use of online education for certain courses, particularly for general education requirements; (2) the feasibility of increasing summer term options or flexible calendar scheduling; and (3) the potential cost savings for students who enroll in an accelerated degree program. Directs the BOG to report its findings to the specified NCGA committee by March 1, 2021. 

Appropriates $50,000 in nonrecurring funds from the General Fund to the BOG for the 2020-21 fiscal year to conduct the study. Authorizes the BOG to contract with an independent research organization to conduct the study.

Effective July 1, 2020.