$5,366

Avg. Federal Grant

$4,079

Avg. Federal Loan

$13,571,005

Total Aid Awarded

Northeast Mississippi Community College (NEMCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$13.571M

Financial Aid Official Website

www.nemcc.edu/financial-aid/

It is interesting to note that, every year, around 99% of students at NMCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,771,836. More information regarding the financial assistance schemes can be accessed on NMCC’s official financial aid page at http://www.nemcc.edu/financial-aid/. Notably, a total of 72% of the applicants to Northeast Mississippi Community College receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 70% receive the Institution Grant, and 72% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,437, while the same comes to $655 for State Grant receivers and $2,042 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,476. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NMCC, an estimated number of 20% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

43%

Institution Grant Aid

72%

Pell Grant

68%

Average Aid Awarded

Federal Grant Aid

$5,366

State Grant Aid

$529

Institution Grant Aid

$192

Pell Grant

$5,337

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,743

$30,001 - $48,000

$1,765

$48,001 - $75,000

$756

$75,001 - $110,000

$1,059

Over $110,000

N/A

Student Loans for Northeast Mississippi Community College (NEMCC)

Average Loan Amount Average Loan Amount received per year.

$4,079/Year

Students Taking Out Loans

23%

Loan Default Rate

25%

Other Colleges In Mississippi

Rust College
Rust College

Holly Springs, Mississippi

Southeastern Baptist College
Southeastern Baptist College

Laurel, Mississippi

Delta State University (DSU)
Delta State University (DSU)

Cleveland, Mississippi