Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Rust College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Such schemes include Aura Neely-Gary Memorial Scholarship Fund, Critical Needs Teacher Loan/Scholarship, Mississippi Eminent Scholars Grant, and Mississippi Tuition Assistance Grant. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,579,563. More information regarding the financial assistance schemes can be accessed on RC’s official financial aid page at http://www.rustcollege.edu/administration/financial-aid/index.html. The total percentage of candidates applying to Rust College who receive the Federal Grant is 96%. On the other hand, 100% of the candidates get the Student Grant, 55% receive the Institution Grant, and 90% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,025, while the same comes to $438 for State Grant receivers and $2,714 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,999. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,601 on average in a year. The average aid amount stands at $6,403 for an annual family income between $30,001 and $48,000. This amount comes to $2,763 for those who fall under the $48,001-$75,000 family income bracket. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Rust College, the percentage of candidates who opt to avail of student loans is around 83%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Rust College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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