by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Northeast Mississippi Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Northeast Mississippi Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading 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. Use the information below to understand how much financial assistance you may get from Northeast Mississippi Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Northeast Mississippi Community College, 95% of the incoming full-time class was awarded financial aid (about 834 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $9,162 |
| Institutional grants & scholarships | 70% | $2,438 |
| Federal Pell grants | 78% | $5,825 |
| State/local grants | 74% | $3,087 |
| Federal student loans | 14% | $4,627 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Northeast Mississippi Community College, approximately 72% of undergraduates were awarded an average grant or scholarship of $6,141 (for some 2410 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $6,141 |
| Federal Pell grants | 53% | $5,732 |
| Federal student loans | 15% | $5,599 |
For on-campus title-IV students, average grant aid came to $7,530.
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 | $8,390 |
| $30,001 – $75,000 | $9,176 |
| Over $75,000 | $10,792 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,343 |
| Off-campus title-IV students | $9,307 |
For an estimate tailored to your family circumstances, see Northeast Mississippi Community College’s net price calculator: www.nemcc.edu/about/student-consumer-info/netprice/index.html.
The median federal debt load at Northeast Mississippi Community College comes to $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,722 |
| Typical 10-year monthly payment (graduates) | $103.07/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Northeast Mississippi Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,250 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $16,229 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $7,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Northeast Mississippi Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Northeast Mississippi Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8383 |
| Total Stafford loan amount | $64,182,418 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $80,305 |
| Average GI Bill amount per recipient | $2,769 |
References
More about our data sources and methodologies.