$4,608

Avg. Federal Grant

$5,105

Avg. Federal Loan

$36,308,463

Total Aid Awarded

Mississippi College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$36.308M

Financial Aid Official Website

www.mc.edu/offices/financial-aid/

It is interesting to note that almost every student at MC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $10,655,259. At MC, the total percentage of applicants who receive the Federal Grant stands at 31%. On the other hand, 100% of the candidates get the Student Grant, 99% receive the Institution Grant, and 30% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,595, while the same comes to $2,369 for State Grant receivers and $13,458 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,448. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At MC, an estimated number of 43% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

43%

Institution Grant Aid

99%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,608

State Grant Aid

$1,770

Institution Grant Aid

$12,487

Pell Grant

$4,394

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,939

$30,001 - $48,000

$17,408

$48,001 - $75,000

$15,472

$75,001 - $110,000

$12,562

Over $110,000

$12,482

Student Loans for Mississippi College

Average Loan Amount Average Loan Amount received per year.

$5,959/Year

Students Taking Out Loans

52%

Loan Default Rate

7.3%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

Other Colleges In Mississippi

Reformed Theological Seminary is now has a total of 5 fully residential campuses in Jackson, Orlando, Charlotte, Washington DC and Atlanta. RTS now also has an online campus as RTS Global, Reformed Theological Seminary online campus is to provide distance education. Reformed Theo

Jackson, Mississippi N/A years Private Not-For-Profit

#N/A

Laurel, Mississippi -2 years Private For-Profit

Mississippi University for Women, which is located in Columbus, Mississippi is a public university. At Mississippi University for Women, around 75% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 79% of the students are females and 21% are males.

Columbus, Mississippi 4 years Public

Other Private not-for-profit Colleges

  • Saint Leo University acceptance rate is 70% and the current population is 14,649. It educates students from 50 states, three US territories, and 80 countries.


Online Education at Saint Leo University

The university offers 61 online progr

Saint Leo, Florida 4 years Private Not-For-Profit

Lynchburg, Virginia 4 years Private Not-For-Profit

The university is a 100% online university. The online programs are designed to be easily incorporated into the busy schedules of working adults and professionals, seeking to gain in-depth knowledge in a particular subject or to expand career opportunities and personal potential.

Irvine, California N/A years Private Not-For-Profit