by our College Data Analytics TeamA lot of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at East Mississippi Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will EMCC deliver, and just what are you going to be eligible for? Read on for answers. Read on to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from East Mississippi Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at East Mississippi Community College, 90% of new full-time first-years were awarded at least some aid some 664 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,749 |
| Institutional grants & scholarships | 39% | $3,717 |
| Federal Pell grants | 66% | $6,523 |
| State/local grants | 26% | $731 |
| Federal student loans | 20% | $4,024 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 49% of undergraduates were awarded an average grant or scholarship of $5,880 (for some 1802 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $5,880 |
| Federal Pell grants | 45% | $5,722 |
| Federal student loans | 17% | $4,573 |
For students living on campus and receiving title-IV aid, grants averaged $6,745.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,457 |
| $30,001 – $75,000 | $5,500 |
| Over $75,000 | $3,863 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,608 |
| Off-campus title-IV students | $3,880 |
For a customized cost estimate, visit EMCC’s official net price calculator: www.eastms.edu/admissions/financial-aid/tuition-calculator.html.
The median federal debt load at EMCC comes to $5,790 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,790 |
| Median federal debt (graduates only) | $9,006 |
| Typical 10-year monthly payment (graduates) | $95.48/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at EMCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,671 |
| 25th percentile | $2,750 |
| 75th percentile | $10,973 |
| 90th percentile (highest-debt students) | $19,300 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,154 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,000 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for EMCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at EMCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19018 |
| Total Stafford loan amount | $229,524,324 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 48 |
| Total GI Bill amount | $141,461 |
| Average GI Bill amount per recipient | $2,947 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $10,990 |
| Average DoD amount per recipient | $1,374 |
References
More about our data sources and methodologies.