$4,923

Avg. Federal Grant

$6,006

Avg. Federal Loan

$68,220,914

Total Aid Awarded

University of Southern Mississippi (USM) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$68.221M

Financial Aid Official Website

www.usm.edu/financial-aid

It is basically to help the students of the University of Southern Mississippi to get the degree irrespective of their financial background.The table below shows the breakdown of the financial aid that includes federal grants,pell grants,state grants and institutional grants.The total aid awarded is $68220914 and the percentage of students receiving the aid is 77%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

36%

Institution Grant Aid

61%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,923

State Grant Aid

$2,580

Institution Grant Aid

$6,440

Pell Grant

$4,904

With Institutional grants having the highest contribution percentage of 61% with an average aid amount of $6440. Federal and pell grants having the contribution percentage of 51% and 49% with an average aid of $4923 and $4904 respectively and state grants having 36% with an amount of $2580.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,553

$30,001 - $48,000

$10,121

$48,001 - $75,000

$6,233

$75,001 - $110,000

$5,406

Over $110,000

$4,595

It is basically to help the students get the degree irrespective of their financial background.for those whose family income is under $30000 they can expect amount of aid i.e $9553, family income between $30001 to $48000 can expect the highest amount of aid of $10121, family income between $48001 to $75000 can expect $6233 and for $75001 to $110000 gets the aid of $5406 and family income over $110000 can expect amount of $4595 that is the lowest amount of aid provided.

Student Loans for University of Southern Mississippi (USM)

Average Loan Amount Average Loan Amount received per year.

$6,738/Year

Students Taking Out Loans

68%

Loan Default Rate

8.7%

Other Colleges In Mississippi

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Holly Springs, Mississippi 4 years Private Not-For-Profit

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Fulton, Mississippi 2 years Public

Millsaps College, which is located in Jackson, MS is a private, United Methodist university. Millsaps College covers an area of 103 acres. It was in 1890 when the Millsaps College was founded. The motto of the Millsaps College is Ad Excellentiam (Latin) and its official colors are purple & white.

Jackson, Mississippi 4 years Private Not-For-Profit

Other Colleges In Hattiesburg

#N/A

Hattiesburg, Mississippi 4 years Private Not-For-Profit

Other Public Colleges

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Irvine, California 4 years Public

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Indiana, Pennsylvania 4 years Public

#N/A

Greenville, North Carolina 4 years Public