M
#2 Best Private Colleges in Mississippi

MC Tuition & Cost

Clinton, Mississippi

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How much does it cost to attend?

Sticker Price
$35,312
Costs for Mississippi College
Fee Cost
Tuition$17,550
Books and Supplies$1,500
Other Fees$1,250
Room and Board $10,610
Other Expenses Budget$4,402

Annual Prices

The annual list price to attend Mississippi College on a full time basis for 2018/2019 is $35,312 for all students regardless of their residency. This fee is comprised of $17,550 for tuition, $10,610 room and board, $1,500 for books and supplies and $1,250 for other fees. Out of state tuition for Mississippi College is $17,550, the same as Mississippi residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Mississippi College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$18,040
Net Price by Income Mississippi College
Family Income Net Price Paid
$0 to $30,000$14,491
$30,001 to $48,000$14,938
$48,001 to $75,000$18,221
$75,001 to $110,000$19,160
$110,000+$19,891

The average reported annual net price for Mississippi College for students receiving grants or scholarship aid was $18,040 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Mississippi College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $15,841 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 43% of students received Federal Student Loans averaging $5,078 and 4% of undergrads took out private student loans averaging $9,086.

Finanical Aid Mississippi College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $15,841 100%
Institutional Grants and Scholarships $13,458 99%
Pell Grants $4,404 30%
Other Federal Grants $1,370 7%
State and Local Grants $2,369 42%
Federal Student Loans $5,078 43%
Other Student Loans $9,086 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Mississippi College, we've modeled a ten year student loan with an original principal value of $56,088. The loan balance of $56,088 is a four year multiple of the $14,022 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $535 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $56,088
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $535.14
Total Interest Paid $8,128.97
Sum of All Loan Payments $64,216.97

Projected 4 Year Degree Price

4 Year Sticker Price
$141,248
Year All Residents
1 $35,312
2 $36,698
3 $38,139
4 $39,637

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Mississippi College to be $141,248 - assuming graduation in normal time. The estimation assumes a 3.9% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Mississippi College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $550 $1,650 $2,200

Estimated cost for a class at Mississippi College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Mississippi College versus other colleges.

Tuition Payment Plans Available

Mississippi College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=176053 IPEDS survey data for Mississippi College.