by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Missouri Southern State University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Missouri Southern offer, and what will you qualify for? Read on for more information. Keep scrolling to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Missouri Southern State University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Missouri Southern State University, 95% of the incoming full-time class was awarded financial aid (about 510 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $7,597 |
| Institutional grants & scholarships | 70% | $5,187 |
| Federal Pell grants | 42% | $5,514 |
| State/local grants | 36% | $2,319 |
| Federal student loans | 44% | $4,466 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, about 62% of undergrads got grants or scholarships worth on average $7,609 (across approximately 2448 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $7,609 |
| Federal Pell grants | 34% | $5,192 |
| Federal student loans | 33% | $6,075 |
On-campus students receiving title-IV aid were awarded grants averaging $7,561.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,690 |
| $30,001 – $75,000 | $11,319 |
| Over $75,000 | $15,114 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,007 |
| Off-campus title-IV students | $11,653 |
To get a personalized net price estimate, try Missouri Southern’s net price calculator: www.mssu.edu/student-affairs/financial-aid/netcalc.php.
The median federal debt load at Missouri Southern comes to $11,650 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,650 |
| Median federal debt (graduates only) | $19,174 |
| Typical 10-year monthly payment (graduates) | $203.28/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Missouri Southern.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,625 |
| 25th percentile | $4,500 |
| 75th percentile | $21,620 |
| 90th percentile (highest-debt students) | $33,304 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,000 |
| Middle income | $12,070 |
| High income | $12,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,895 |
| Continuing-generation students | $11,112 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,750 |
| Independent students | $14,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at Missouri Southern.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Missouri Southern:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20556 |
| Total Stafford loan amount | $339,022,810 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 61 |
| Total GI Bill amount | $349,313 |
| Average GI Bill amount per recipient | $5,726 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 37 |
| Total DoD amount | $117,820 |
| Average DoD amount per recipient | $3,184 |
References
More about our data sources and methodologies.