College Factual  by our College Data Analytics Team
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Can You Afford Alcorn State University?

Concerned about paying for college? Take a look at Alcorn State’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $12,335 and $22,764

Feeling a little stressed about paying $22,764 to attend Alcorn State University each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Mississippi students, 88.3% of freshmen receive some form of financial aid, with the average amount totaling $9,738. Students from low-income families receive an average of $10,429 in aid during their first year.

Cost (no aid)

Tuition and fees$7,290
+ Room and board$10,788
+ Other expenses$4,686
Total cost$22,764
Affordability Score (76 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$22,764
- Grants and scholarships$9,738
Net price$13,026
Affordability Score (88 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$22,764
- Grants and scholarships$10,429
Net price$12,335
Affordability Score (85 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Alcorn State.

Projected Costs Between $47,353 and $138,381 For a Four Year Degree. Between $23,955 and $67,307 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Alcorn State in 2020 - 2021 was $22,764. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.8% each year. If this trend continues, we expect the full cost for incoming freshmen to be $24,038 during their first year. By their senior year, that cost will be approximately $26,084 for a bachelor degree candidate ($24,701 for an associate degree candidate) for a total of $100,206 over the course of four years ($48,739 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Alcorn State University

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.2%2.8%
Freshman year$12,048$13,076$24,038
Senior year$11,907$13,100$24,701
Total 2-year net price$23,955$26,176$48,739
10-year loan interest @ 6.8%$9,126$9,972$18,568
Total monthly payment$276$301$561
Total amount paid$33,081$36,148$67,307
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.2%2.8%
Freshman year$12,048$13,076$24,038
Senior year$11,630$13,150$26,084
Total 4-year net price$47,353$52,451$100,206
10-year loan interest @ 6.8%$18,040$19,982$38,175
Total monthly payment$545$604$1,153
Total amount paid$65,393$72,433$138,381

Visit net price and financial aid to learn more about the total cost of attending Alcorn State University.

Further Questions to Consider

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