$6,364

Avg. Federal Grant

$5,708

Avg. Federal Loan

$12,386,436

Total Aid Awarded

Mississippi Valley State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$12.386M

Financial Aid Official Website

www.mvsu.edu/prospective-students/financial-aid-programs

As many as 98% of the students at MVSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,556,921 in a year. At MVSU, the total percentage of applicants who receive the Federal Grant stands at 85%. On the other hand, 95% of the candidates get the Student Grant, 38% receive the Institution Grant, and 84% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,414, while the same comes to $2,646 for State Grant receivers and $6,476 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,247. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MVSU, an estimated number of 95% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

14%

Institution Grant Aid

37%

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$6,364

State Grant Aid

$2,484

Institution Grant Aid

$5,740

Pell Grant

$5,596

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,231

$30,001 - $48,000

$3,938

$48,001 - $75,000

$3,883

$75,001 - $110,000

$4,223

Over $110,000

$5,400

Student Loans for Mississippi Valley State University

Average Loan Amount Average Loan Amount received per year.

$5,764/Year

Students Taking Out Loans

93%

Loan Default Rate

23.3%

Other Colleges In Mississippi

Itawamba Community College, which is located in Fulton, MS is a public university. The foundation of Itawamba Community College was laid down in the year 1948. Navy and cardinal are the official colors of the Itawamba Community College. At Itawamba Community College, the total enrolment stands at

Fulton, Mississippi 2 years Public

Millsaps College, which is located in Jackson, MS is a private, United Methodist university. Millsaps College covers an area of 103 acres. It was in 1890 when the Millsaps College was founded. The motto of the Millsaps College is Ad Excellentiam (Latin) and its official colors are purple & white.

Jackson, Mississippi 4 years Private Not-For-Profit

#N/A

Laurel, Mississippi -2 years Private For-Profit

Other Public Colleges


Online Education at SOSU

The 100% online programs offered by the university allows a variety of opportunities so students can earn a degree that fits their life

Durant, Oklahoma 4 years Public

#N/A

Kennesaw, Georgia 4 years Public

There is a public university in Minot, North Dakota called Minot State University. Minot State University is home to an ethnically diverse student body. At MSU around 69% are white, 10% are Non-resident alien, and 8% belong to Hispanic ethnicity. Further, around 76% of the students are 24 and under.

Minot, North Dakota 4 years Public