Grants, Scholarships, and Student Loan Stats Trends for Mississippi Colleges

For the academic year 2021-2022, 81% of students received grants and/or scholarships and its average aid amount is $11,387. Compared to the percent of received 10 years ago, more students received the financial aid from 80% to 81%. The average financial aid amount has increased from $7,895 to $11,387 at Mississippi Colleges.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mississippi Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 59,677, which is 82.89 % of all undergraduate students. 40,038 students which is 62.11% of undergraduate students received federal student loans and the average loan amount: $7,763.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1457,563 (80%)$7,89533,201 (53%)$4,12044,031 (66%)$7,966
2014-1559,124 (82%)$8,12633,079 (54%)$4,28143,791 (68%)$7,899
2015-1660,075 (84%)$8,25832,795 (56%)$4,29943,715 (67%)$7,890
2016-1761,513 (83%)$8,53532,557 (54%)$4,29943,342 (64%)$7,846
2017-1860,350 (83%)$9,08732,393 (54%)$4,75041,908 (64%)$7,811
2018-1959,792 (84%)$9,67431,339 (55%)$4,86239,862 (62%)$7,797
2019-2060,351 (84%)$10,23730,302 (53%)$4,97338,595 (61%)$7,895
2020-2159,834 (85%)$10,79327,662 (51%)$5,13433,737 (55%)$7,450
2021-2258,494 (81%)$11,38726,120 (47%)$5,31631,360 (52%)$7,310
Average59,677 (82.89%)$9,33231,050 (53.00%)$4,67040,038 (62.11%)$7,763

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 11,263 (93.33 % of students) received grants or scholarships and its average amount is $10,948. It can cover 81.00% of tuition & fees ($13,516) based on out-of-state rate. In addition, 6,904 (62.22 % of students) students get helped from the students loans (average amount : $6,611).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,261 (91%)$9,5827,386 (64%)$6,461
2014-1511,390 (93%)$10,2377,387 (66%)$6,628
2015-1611,809 (92%)$9,6467,503 (68%)$5,897
2016-1712,321 (94%)$10,6307,669 (66%)$6,929
2017-1811,614 (93%)$11,2607,655 (68%)$6,513
2018-1911,534 (95%)$11,1307,129 (61%)$6,857
2019-2011,102 (96%)$11,6726,482 (61%)$7,094
2020-219,898 (95%)$11,9175,311 (57%)$6,321
2021-2210,442 (91%)$12,4585,610 (49%)$6,796
Average11,263 (93.33%)$10,9486,904 (62.22%)$6,611
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 5,167 (56.56 % of students) received Pell (federal) grants and its average amount is $4,843. In addition, 3,853 students received State/local government grants/scholarships (29.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-145,545 (57%)$4,4621,625 (24%)$1,1244,052 (33%)$1,5818,179 (66%)$7,596
2014-155,476 (58%)$4,4781,710 (24%)$1,0794,118 (35%)$1,8398,752 (71%)$8,051
2015-165,531 (59%)$4,4611,745 (23%)$1,1173,837 (30%)$2,0668,955 (68%)$8,217
2016-175,507 (57%)$4,6532,160 (28%)$1,0574,017 (27%)$1,9459,711 (70%)$8,486
2017-185,690 (59%)$4,8661,770 (21%)$1,2973,876 (26%)$2,0729,308 (71%)$8,718
2018-195,339 (59%)$5,0181,394 (26%)$1,2254,013 (28%)$2,2939,184 (73%)$9,058
2019-204,932 (55%)$5,2554,734 (46%)$1,1903,861 (28%)$2,8298,929 (72%)$9,001
2020-214,129 (55%)$5,1453,815 (50%)$2,0203,319 (26%)$2,4768,051 (70%)$8,778
2021-224,351 (50%)$5,2464,747 (45%)$2,1873,580 (28%)$2,4278,652 (70%)$9,365
Average5,167 (56.56%)$4,8432,633 (31.89%)$1,3663,853 (29.00%)$2,1708,858 (70.11%)$8,586
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 6,904 (62.22 % of students) get any students loan help and its average loan amount is $6,904.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-147,386 (64%)$6,4617,314 (63%)$6,050444 (4%)$8,013
2014-157,387 (66%)$6,6287,310 (65%)$6,258478 (3%)$8,671
2015-167,503 (68%)$5,8977,383 (67%)$5,381657 (5%)$9,310
2016-177,669 (66%)$6,9297,546 (65%)$6,246888 (7%)$8,430
2017-187,655 (68%)$6,5137,484 (67%)$5,824749 (5%)$9,630
2018-197,129 (61%)$6,8576,928 (64%)$6,257763 (5%)$10,343
2019-206,482 (61%)$7,0946,315 (61%)$5,990824 (7%)$11,351
2020-215,311 (57%)$6,3215,132 (56%)$5,240630 (6%)$12,023
2021-225,610 (49%)$6,7965,423 (52%)$5,586698 (5%)$13,168
Average6,904 (62.22%)$6,6116,759 (62.22%)$5,870681 (5.22%)$10,104
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