Southwest Mississippi Community College Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$7.811M
Financial Aid Official Website
www.smcc.edu/financial-aid/financial-aid.php
Students can avail of scholarships provided by the college, such as Aura Neely-Gary Memorial Scholarship Fund, if they find educational expenses to be on the higher side. As many as 95% of the students at SMCC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on SMCC’s official financial aid page at http://www.smcc.edu/financial-aid/financial-aid.php. Notably, a total of 70% of the applicants to Southwest Mississippi Community College receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 48% are awarded the Institution Grant, while 70% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,208, while the same comes to $622 for State Grant receivers and $2,734 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,976. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period.