In its fifth year under head coach Carl Snavely, the team compiled an 8–2 record (4–1 against conference opponents), finished in second place in the conference, was ranked No.
9 in the final AP Poll, and outscored opponents by a total of 210 to 93.
[1] Three North Carolina players were selected by the Associated Press as first-team players on the 1947 All-Southern Conference football team: halfback Charlie Justice; end Art Weiner; and tackle Len Szafaryn.
[2] Justice, known as Charlie "Choo Choo" Justice, was a triple-threat man who was selected by a vote of the Southern Conference's 16 head coaches as the most valuable player in the conference during the 1947 season.
[3] The team played its home games at Kenan Memorial Stadium in Chapel Hill, North Carolina.