$5,267

Avg. Federal Grant

$5,423

Avg. Federal Loan

$16,768,225

Total Aid Awarded

Mississippi University for Women Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$16.768M

Financial Aid Official Website

www.muw.edu/finaid

It is interesting to note that, every year, around 97% of students at MUW receive some kind of financial aid, while the total amount of assistance/loans provided is $10,397,936. Notably, a total of 62% of the applicants to Mississippi University for Women receive the Federal Grant every year. Meanwhile, 93% of the applicants receive the Student Grant and 64% are awarded the Institution Grant, while 62% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,958, the State Grant receivers and Institution Grant beneficiaries get $2,635 and $4,171, respectively. And, for the Pell Grant awardees, the average aid amount is $5,468. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MUW, an estimated number of 58% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

28%

Institution Grant Aid

81%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$5,267

State Grant Aid

$2,305

Institution Grant Aid

$8,107

Pell Grant

$5,150

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,114

$30,001 - $48,000

$9,029

$48,001 - $75,000

$4,178

$75,001 - $110,000

$2,421

Over $110,000

$2,309

Student Loans for Mississippi University for Women

Average Loan Amount Average Loan Amount received per year.

$5,882/Year

Students Taking Out Loans

70%

Loan Default Rate

8.4%

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

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