$4,823

Avg. Federal Grant

$5,388

Avg. Federal Loan

$5,366,428

Total Aid Awarded

Rust College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$5.366M

Financial Aid Official Website

www.rustcollege.edu/administration/financial-aid/index.html

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

95%

State Grant Aid

2%

Institution Grant Aid

37%

Pell Grant

90%

Average Aid Awarded

Federal Grant Aid

$4,823

State Grant Aid

$250

Institution Grant Aid

$3,372

Pell Grant

$4,539

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,142

$30,001 - $48,000

$6,658

$48,001 - $75,000

$4,943

$75,001 - $110,000

$6,432

Over $110,000

$7,125

Student Loans for Rust College

Average Loan Amount Average Loan Amount received per year.

$5,388/Year

Students Taking Out Loans

83%

Loan Default Rate

27%

Other Colleges In Mississippi

Presently, there are 14,509 students enrolled in different programs offered by the university. They also hold expert and professional faculty for helping the students to learn and grow. The student-faculty ratio is 17:1 which means there is one faculty present on every 17 students.

Southe

Hattiesburg, Mississippi 4 years Public

#N/A

Ellisville, Mississippi 2 years Public

#N/A

Meridian, Mississippi 2 years Public

Other Private not-for-profit Colleges

  • Saint Leo University acceptance rate is 70% and the current population is 14,649. It educates students from 50 states, three US territories, and 80 countries.


Online Education at Saint Leo University

The university offers 61 online progr

Saint Leo, Florida 4 years Private Not-For-Profit

The university is a 100% online university. The online programs are designed to be easily incorporated into the busy schedules of working adults and professionals, seeking to gain in-depth knowledge in a particular subject or to expand career opportunities and personal potential.

Irvine, California N/A years Private Not-For-Profit

Maryville University of Saint Louis which is located in St. Louis, MO is a private university offering several courses to the students. It was in 1872 when the Maryville University of Saint Louis was founded. Keeping the pursuit of research, innovation, and excellence at the center, Maryville Univer

Saint Louis, Missouri 4 years Private Not-For-Profit