$4,886

Avg. Federal Grant

$5,671

Avg. Federal Loan

$135,954,705

Total Aid Awarded

Mississippi State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$135.955M

Financial Aid Official Website

www.sfa.msstate.edu

It is interesting to note that, every year, around 95% of students at MSU receive some kind of financial aid, while the total amount of assistance/loans provided is $58,853,297. Notably, a total of 32% of the applicants to Mississippi State University receive the Federal Grant every year. In comparison, 95% of the students are awarded the Student Grant, 86% get the Institution Grant, and 32% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,917, and the same stands at $2,289 for State Grant awardees and $9,969 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,831. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Every year, around 51% of the applicants to Mississippi State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

36%

Institution Grant Aid

86%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$4,886

State Grant Aid

$2,331

Institution Grant Aid

$8,539

Pell Grant

$4,703

Financial Aid are recieved by the students in one form or the other it may be federal, state, instutional, or any other monetary benefits. The aid amount recieved from different aid program is also different. We have sort out the financial aid received by the students and the average aid amount given to them.

Pell Grants and Federal Grants serve about 34% of students. The amount that you can avail is $4,703 and $4,886 in the name of Pell Grants and Federal Grants.

State Grants, on an average, are about $2,331 and about 36% of students actually receive them.

The university maintains consistency in their view of helping the students by making their course affordable enough by offering a amount of $8,539 as Institutional Grants. 86% of eligible candidates receive them.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,643

$30,001 - $48,000

$9,536

$48,001 - $75,000

$5,073

$75,001 - $110,000

$3,719

Over $110,000

$3,426

We have further segregated the amount of financial aid received by each family income bracket to facilitate your decision making wisely. 

If you fall under a family income category under $30,000 then you may receive a basic amount of $9,643 as financial aid. A family income category ranging from $30,001 - $48,000 can expect the same amount to go down to $9,536.

For an income range between $48,001 to $75,000 the expected financial aid that you might expect to receive can be around $5,073.

If we see family incomes falling under the range of $75,001 - $110,000 receiving financial aid of up to $3,719

For any family with an income range falling over and above $110,000, they may get an amount of $3,426. In essence, the lower the family income bracket you fall under, the higher the scope of the payout that you will receive.

Student Loans for Mississippi State University

Average Loan Amount Average Loan Amount received per year.

$7,297/Year

Students Taking Out Loans

52%

Loan Default Rate

7.6%

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