University of Mississippi - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Mississippi Resident Sticker Price

$26,956

In State Costs for University of Mississippi
Fee	Cost
Tuition	$8,934
Books and Supplies	$1,200
Other Fees	$110
Room and Board	$11,142
Other Expenses Budget	$5,570

Out of State Resident Sticker Price

$43,798

Out of State Costs for University of Mississippi
Fee	Cost
Tuition	$25,776
Books and Supplies	$1,200
Other Fees	$110
Room and Board	$11,142
Other Expenses Budget	$5,570

In-state tuition at University of Mississippi for undergraduate students residing in Mississippi is $8,934. Room and board charges total $11,142 per year. Students will also need to budget for books and supplies, which typically amount to $1,200 annually. Other administrative or academic fees are $110 for the year. Additionally, students should plan an estimated $5,570 for other miscellaneous expenses throughout the year. In sum, residents attending University of Mississippi full time should expect a total annual cost of $26,956.

Undergraduate tuition at University of Mississippi is $25,776 for out-of-state students. Additionally, out-of-state students are charged $11,142 for room and board, $1,200 for textbooks and educational resources, plus fees of $110. Students are advised to budget $5,570 for other expenses. When these costs are combined, annual out-of-state charges total $43,798. This figure is 62.5% higher than what Mississippi residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending University of Mississippi, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$13,540

Net Price by Income University of Mississippi
Family Income	Net Price Paid
$0 to $30,000	$7,764
$30,001 to $48,000	$9,489
$48,001 to $75,000	$15,351
$75,001 to $110,000	$18,184
$110,000+	$19,846

The average reported annual net price for University of Mississippi for students receiving grants or scholarship aid was $13,540 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

86% of full-time undergrad University of Mississippi received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,650 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 38% of students received Federal Student Loans averaging $5,110 and 9% of undergrads took out private student loans averaging $19,148.

Finanical Aid University of Mississippi
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$11,650	86%
Institutional Grants and Scholarships	$9,853	76%
Pell Grants	$5,123	22%
Other Federal Grants	$1,260	6%
State and Local Grants	$2,860	28%
Federal Student Loans	$5,110	38%
Other Student Loans	$19,148	9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Mississippi, we've modeled a ten year student loan with an original principal value of $50,064. The loan balance of $50,064 is a four year multiple of the $12,516 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 $531 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 4.99%.


Example Loan	$50,064
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$530.76
Total Interest Paid	$13,627.41
Sum of All Loan Payments	$63,691.41

Projected 4 Year Degree Price

4 Year Sticker Price

$107,824

Year	Mississippi Residents	Non Residents
1	$26,956	$43,798
2	$27,866	$45,276
3	$28,806	$46,804
4	$29,779	$48,384

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Mississippi to be $107,824 - assuming graduation in normal time. The estimation assumes a 3.4% 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 University of Mississippi
	Price Per Credit	3 Credit Class	4 Credit Class
Mississippi Residents	$372	$1,116	$1,488
Out of State Residents	$1,074	$3,222	$4,296

Estimated cost for a class at University of Mississippi 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 University of Mississippi versus other colleges.