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Ole Miss Tuition & Cost

University, Mississippi

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How much does it cost to attend?

In State Mississippi Resident Sticker Price
In State Costs for University of Mississippi
Fee Cost
Books and Supplies$1,100
Other Fees$110
Room and Board $10,734
Other Expenses Budget$5,100
Out of State Resident Sticker Price
Out of State Costs for University of Mississippi
Fee Cost
Books and Supplies$1,100
Other Fees$110
Room and Board $10,734
Other Expenses Budget$5,100

Residents of Mississippi pay an annual total price of $25,762 to attend University of Mississippi on a full time basis. This fee is comprised of $8,718 for tuition, $10,734 room and board, $1,100 for books and supplies and $110 for other fees.

Out of state residents are charged a total cost of $42,034 which is 63.2% higher than Mississippi residents. The tuition charge is $24,990 while room and board is $10,734, books and supplies are $1,100 and other fees come in at $110.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
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

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 $478 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 $50,064
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $477.67
Total Interest Paid $7,255.89
Sum of All Loan Payments $57,319.89

Projected 4 Year Degree Price

4 Year Sticker Price
Year Mississippi Residents Non Residents
1 $25,762 $42,034
2 $26,726 $43,607
3 $27,726 $45,239
4 $28,763 $46,931

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 $103,048 - assuming graduation in normal time. The estimation assumes a 3.7% 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 $363 $1,089 $1,452
Out of State Residents $1,041 $3,123 $4,164

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.

Tuition Payment Plans Available

University of Mississippi Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=176017 IPEDS survey data for University of Mississippi.