by our College Data Analytics TeamMost 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 total cost of going to Mississippi Valley State University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Mississippi Valley State University deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Mississippi Valley State University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Mississippi Valley State University, 100% of first-time, full-time freshmen received some form of financial aid approximately 272 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $10,933 |
| Institutional grants & scholarships | 96% | $4,366 |
| Federal Pell grants | 83% | $7,024 |
| State/local grants | 11% | $2,670 |
| Federal student loans | 71% | $5,680 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Mississippi Valley State University, roughly 71% of the undergraduate population received grant aid that averaged $8,254 (among about 1416 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $8,254 |
| Federal Pell grants | 56% | $6,052 |
| Federal student loans | 49% | $6,316 |
For students living on campus and receiving title-IV aid, grants averaged $11,468.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,508 |
| $30,001 – $75,000 | $13,058 |
| Over $75,000 | $11,968 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,686 |
| Off-campus title-IV students | $11,812 |
To get a personalized net price estimate, try Mississippi Valley State University’s net price calculator: www.collegeraptor.com/Shopping/School/Mississippi-Valley-State-University-MS-176044.
The middle student in the debt distribution at Mississippi Valley State University owes $19,203 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,203 |
| Median federal debt (graduates only) | $28,413 |
| Typical 10-year monthly payment (graduates) | $301.23/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Mississippi Valley State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $8,500 |
| 75th percentile | $32,042 |
| 90th percentile (highest-debt students) | $45,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $21,113 |
| Middle income | $17,000 |
| High income | $13,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $17,813 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,000 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mississippi Valley State University.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Mississippi Valley State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17347 |
| Total Stafford loan amount | $572,855,682 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $5,794 |
| Average GI Bill amount per recipient | $2,897 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $18,133 |
| Average DoD amount per recipient | $3,022 |
References
More about our data sources and methodologies.