Scholarships, Grants, and Loan Trends at Ole Miss

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 12,447, which is 70.22 % of all undergraduate students. 7,056 students which is 39.44% of undergraduate students received federal student loans and the average loan amount is $6,799.
For full-time, first-time beginning students (freshmen), 78.67% of students received grants or scholarships and 41% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Mississippi since 2013.
For that period, the average number of students who received grants aid/scholarships is 12,447, which is 70.22 % of all undergraduate students. 7,056 students which is 39.44% of undergraduate students received federal student loans and the average loan amount is $6,799.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,768 (68%)$7,5724,932 (28%)$4,3787,897 (45%)$7,210
2014-1512,354 (68%)$8,0784,817 (27%)$4,4508,007 (44%)$6,643
2015-1613,100 (70%)$8,6244,823 (26%)$4,4568,091 (43%)$6,887
2016-1713,477 (70%)$9,2834,781 (25%)$4,4628,050 (42%)$6,866
2017-1812,957 (69%)$10,2604,714 (25%)$4,9097,572 (40%)$6,975
2018-1912,282 (68%)$11,2494,182 (23%)$5,0466,526 (36%)$6,631
2019-2012,155 (71%)$11,6784,037 (24%)$5,1086,241 (36%)$6,639
2020-2111,816 (73%)$12,5713,857 (24%)$5,2325,673 (35%)$6,665
2021-2212,116 (75%)$14,0793,876 (24%)$5,2625,446 (34%)$6,671
Average12,447 (70.22%)$10,3774,447 (25.11%)$4,8117,056 (39.44%)$6,799

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

For the last 10 years, on average, 2,795 (78.67 % of students) received grants or scholarships and its average amount is $10,527. It can cover 39.02% of tuition & fees ($26,980) based on out-of-state rate.
In addition, 1,458 (41.00 % of students) students get helped from the students loans (average amount : $8,762).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,744 (77%)$7,5501,561 (44%)$7,577
2014-152,912 (77%)$7,8261,648 (44%)$7,817
2015-163,062 (78%)$8,7211,594 (41%)$8,385
2016-173,216 (83%)$9,6421,665 (43%)$8,407
2017-182,838 (78%)$11,2091,510 (41%)$8,672
2018-192,589 (76%)$11,7551,402 (41%)$9,265
2019-202,630 (82%)$11,6501,300 (40%)$9,181
2020-212,404 (80%)$12,6661,159 (39%)$9,413
2021-222,758 (77%)$13,7201,284 (36%)$10,144
Average2,795 (78.67%)$10,5271,458 (41.00%)$8,762
*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, 795 (22.33 % of students) received Pell (federal) grants and its average amount is $4,872.
In addition, 991 students received State/local government grants/scholarships (28.00 % 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
2013-14881 (25%)$4,452212 (6%)$518990 (28%)$1,7182,157 (61%)$6,947
2014-15858 (23%)$4,621188 (5%)$6501,031 (27%)$1,9982,295 (61%)$7,252
2015-16853 (22%)$4,659207 (5%)$6261,057 (27%)$2,3612,531 (65%)$7,944
2016-17876 (22%)$4,578222 (6%)$7401,080 (28%)$2,5992,758 (71%)$8,712
2017-18877 (24%)$4,953232 (6%)$6091,040 (29%)$2,5472,375 (65%)$10,391
2018-19757 (22%)$4,951164 (5%)$9881,002 (29%)$2,6782,158 (63%)$11,047
2019-20714 (22%)$5,123197 (6%)$1,260917 (28%)$2,8602,447 (76%)$9,853
2020-21654 (22%)$5,195510 (17%)$2,875856 (29%)$3,0472,212 (74%)$10,387
2021-22686 (19%)$5,316992 (28%)$4,395947 (27%)$2,8822,436 (68%)$11,126
Average795 (22.33%)$4,872325 (9.33%)$1,407991 (28.00%)$2,5212,374 (67.11%)$9,295
*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, 1,458 (41.00 % of students) get any students loan help and its average loan amount is $1,458.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,561 (44%)$7,5771,536 (43%)$5,892200 (6%)$13,885
2014-151,648 (44%)$7,8171,612 (43%)$5,699238 (6%)$15,528
2015-161,594 (41%)$8,3851,544 (40%)$5,412305 (8%)$16,424
2016-171,665 (43%)$8,4071,615 (41%)$5,476325 (8%)$15,858
2017-181,510 (41%)$8,6721,424 (39%)$5,550286 (8%)$18,151
2018-191,402 (41%)$9,2651,312 (39%)$5,278305 (9%)$19,886
2019-201,300 (40%)$9,1811,219 (38%)$5,110298 (9%)$19,148
2020-211,159 (39%)$9,4131,080 (36%)$5,241262 (9%)$20,037
2021-221,284 (36%)$10,1441,213 (34%)$5,208287 (8%)$23,371
Average1,458 (41.00%)$8,7621,395 (39.22%)$5,430278 (7.89%)$18,032
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