How MC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mississippi College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,712, which is 91.44 % of all undergraduate students. 1,428 students which is 47.67% of undergraduate students received federal student loans and the average loan amount is $7,020.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,673 (92%)	$9,137	1,043 (36%)	$4,109	1,673 (58%)	$7,583
2014-15	2,713 (91%)	$10,240	998 (33%)	$4,207	1,614 (54%)	$7,475
2015-16	2,723 (91%)	$11,125	968 (32%)	$4,275	1,544 (51%)	$7,002
2016-17	2,856 (91%)	$11,805	923 (29%)	$4,265	1,525 (48%)	$6,852
2017-18	2,928 (90%)	$12,400	970 (30%)	$4,480	1,595 (49%)	$6,858
2018-19	2,888 (89%)	$13,157	986 (31%)	$4,448	1,523 (47%)	$6,996
2019-20	2,741 (93%)	$13,820	896 (30%)	$4,474	1,301 (44%)	$6,900
2020-21	2,527 (92%)	$14,359	786 (29%)	$4,741	1,130 (41%)	$6,918
2021-22	2,360 (94%)	$14,690	697 (28%)	$4,720	943 (37%)	$6,595
Average	2,712 (91.44%)	$12,304	919 (30.89%)	$4,413	1,428 (47.67%)	$7,020

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

Overview

For the last 10 years, on average, 521 (99.44 % of students) received grants or scholarships and its average amount is $14,588. It can cover 67.23% of tuition & fees ($21,698).

In addition, 248 (46.44 % of students) students get helped from the students loans (average amount : $5,931).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	585 (99%)	$11,083	323 (55%)	$5,798
2014-15	570 (99%)	$12,360	271 (47%)	$6,011
2015-16	588 (99%)	$12,974	320 (54%)	$5,775
2016-17	562 (99%)	$13,649	282 (49%)	$6,000
2017-18	562 (100%)	$14,661	294 (52%)	$5,959
2018-19	512 (100%)	$15,841	223 (43%)	$5,720
2019-20	460 (100%)	$16,588	194 (42%)	$6,253
2020-21	415 (99%)	$17,231	155 (37%)	$5,918
2021-22	432 (100%)	$16,904	170 (39%)	$5,946
Average	521 (99.44%)	$14,588	248 (46.44%)	$5,931

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 159 (30.22 % of students) received Pell (federal) grants and its average amount is $4,529.

In addition, 208 students received State/local government grants/scholarships (39.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	186 (32%)	$4,244	47 (8%)	$1,124	270 (46%)	$1,329	580 (99%)	$9,108
2014-15	138 (24%)	$4,367	46 (8%)	$1,242	221 (38%)	$1,858	568 (98%)	$10,519
2015-16	202 (34%)	$4,361	55 (9%)	$1,226	205 (35%)	$1,853	586 (99%)	$10,752
2016-17	176 (31%)	$4,256	44 (8%)	$1,264	228 (40%)	$2,247	556 (98%)	$11,427
2017-18	181 (32%)	$4,394	32 (6%)	$1,498	242 (43%)	$1,770	558 (99%)	$12,487
2018-19	155 (30%)	$4,404	35 (7%)	$1,370	218 (42%)	$2,369	510 (99%)	$13,458
2019-20	145 (31%)	$4,717	162 (35%)	$1,322	171 (37%)	$2,769	460 (100%)	$13,606
2020-21	120 (29%)	$5,045	32 (8%)	$1,192	169 (40%)	$2,311	413 (99%)	$14,811
2021-22	125 (29%)	$4,974	50 (12%)	$2,627	144 (33%)	$2,182	432 (100%)	$14,433
Average	159 (30.22%)	$4,529	56 (11.22%)	$1,429	208 (39.33%)	$2,076	518 (99.00%)	$12,289

^*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..

Student Loans

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, 248 (46.44 % of students) get any students loan help and its average loan amount is $248.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	323 (55%)	$5,798	322 (55%)	$5,443	15 (3%)	$7,995
2014-15	271 (47%)	$6,011	271 (47%)	$5,554	16 (3%)	$7,752
2015-16	320 (54%)	$5,775	317 (53%)	$5,161	24 (4%)	$8,834
2016-17	282 (49%)	$6,000	279 (49%)	$5,182	24 (4%)	$10,249
2017-18	294 (52%)	$5,959	294 (52%)	$5,105	26 (5%)	$9,655
2018-19	223 (43%)	$5,720	219 (43%)	$5,078	18 (4%)	$9,086
2019-20	194 (42%)	$6,253	193 (42%)	$5,103	19 (4%)	$12,008
2020-21	155 (37%)	$5,918	154 (37%)	$5,139	12 (3%)	$10,486
2021-22	170 (39%)	$5,946	168 (39%)	$4,869	14 (3%)	$13,778
Average	248 (46.44%)	$5,931	246 (46.33%)	$5,182	19 (3.67%)	$9,983

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Scholarships, Grants, and Loan Trends at MC

All Undergraduate Students Financial Aid Over Time

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