by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does SMCC offer, and what will you qualify for? Keep scrolling for answers.
Unable to Report on First Year Student Financial Aid
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Southwest Mississippi Community College.
As well as scholarships, 92% of first-year students (601 total) got a federal grant, for about $4,865.00 per person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
92% of freshman students at Southwest Mississippi Community College (601 total) got a federal grant, averaging $4,865.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 50.23% | $7,103.00 |
| Income 30k-48k | 12.25% | $7,160.00 |
| Income 48k-75k | 7.81% | $5,000.00 |
| Income 75k-110k | 6.89% | $3,361.00 |
| Income 110k + | 6.89% | $4,207.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 653 undergraduate students at Southwest Mississippi Community College around 97% (631 total) receive some form of grant aid. The typical amount awarded was $6,311.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.