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Use this guide to help you select a scholarship or get financial aid. We'll guide you through the options.

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The University of Mississippi, ranked as one of the top 100 Best Values in Public Colleges in 2014 by Kiplinger’s Personal Finance, employs an Office of Financial Aid staff that works diligently to help you achieve your educational goals. We administer a variety of programs designed to help you meet your costs of attending the university through scholarships, grants, loans and work-study/student employment. About 80 percent of our freshmen receive some form of financial aid. Talk to us about your academic success, leadership experience, financial need and desire to work, and we’ll make the pieces fit together as best as possible!

Beginner’s Checklist:

  • Apply for admission using the online application, and have transcripts sent to the university by your high school.
  • Note that to receive most forms of aid, you must be a U.S. citizen or permanent resident, and be enrolled or accepted for enrollment in an eligible degree. International students should contact the Office of International Programs.
  • Beginning Jan. 1, 2016, file the Free Application for Federal Student Aid (FAFSA). Priority date is March 1.
  • Estimate your college cost at Ole Miss with our Net Price Calculator: finaid.olemiss.edu.
  • Submit the online Special Programs & Scholarships Application. Priority date is Jan. 5. Final deadline is Feb. 15. This application is important; it can only be filled out before initial enrollment.
  • Ensure that you activate your UM Web ID and password because we will be communicating with you primarily by email.
  • Accept your financial aid award online in your myOleMiss account.
  • If you are awarded Federal Direct loans, you must accept them on MyOleMiss. You will also need to complete Loan Entrance Counseling and electronically sign a Master Promissory Note on the federal website: studentloans.gov.
  • Sign up for direct deposit with the Bursar’s Office for easier transfer of remaining financial aid funds, if any, after your bursar bill has been paid.
  • Mississippi residents must file an application for MTAG and/ or MESG by Sept. 15. Other state aid, such as William Winter and HELP, must be submitted by March 31.
  • Visit our website to confirm our published “Cost of Attendance,” then calculate your individual school expenses so you can budget accordingly. Make sure you explore all scholarship, grant, loan and student employment options with an advisor!

Academic and Leadership Recognition

Some of our scholarships do not require any additional applications other than the one for admission. Students will automatically be considered for these merit awards.

Academic Excellence Scholarship
Eligibility: A combination of test scores and GPA as noted in the chart below. Be sure to have test scores sent to our Admissions Office electronically from the testing agency. Our ACT code is 2250, and our SAT code is 1840.

ACT SAT HIGH SCHOOL GPA MISSISSIPPI RESIDENT AWARD NONRESIDENT AWARD
24 1090-1120 3.0 + $1,000 $1,000
25 1130-1160 3.0 + $1,500 $1,500
26 1170-1200 3.0 + $1,900 $1,900 + $2,000 towards nonresident fee
27 1210-1240 3.0 + $2,250 $2,250 + $3,000 towards nonresident fee
28 1250-1280 3.0 + $3,000 $3,000 + $4,000 towards nonresident fee
29 1290-1320 3.0 + $3,500 $3,500 + $5,000 towards nonresident fee
30 1330-1350 3.0 + $4,500 $4,500 + $6,000 towards nonresident fee
31 1360-1390 3.0 + $5,500 $5,550 + $7,000 towards nonresident fee
32 1400-1430 3.0 + $7,500 $7,500 + $14,268 towards nonresident fee
33+ 1440+ 3.0 + $7,644 (Based upon tuition estimate for 2016-17) $7,644 + $14,268 towards nonresident fee (Based upon tuition estimate for 2016-17)

These amounts are subject to change. Please see our website for the latest figures.

The University of Mississippi only accepts the composite score; super-scoring is not accepted. Writing section not included in ACT scores. Critical reading and mathematics scores only for SAT.

The amounts above show the yearly award. Students can receive the scholarship for up to eight semesters as long as the terms and conditions are met each year.


It’s important to plan ahead and develop your financial plan now!

For all scholarships, students must have already applied for admission to the University of Mississippi. Please visit our website for more details on award amounts, eligibility and how to apply for each award. Unless otherwise noted, please contact the Office of Financial Aid at 800-891-4596 or finaid@olemiss.edu for more information.

Mississippi resident? Nonresident? We have scholarship opportunities for both!

Other Academic Excellence Related Scholarships

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
National Merit / Achievement Semifinalist / Finalist Awards Awarded in lieu of the Academic Excellence Scholarship. Currently valued at $49,584* ($12,396* per year). Includes full-tuition scholarship and the standard cost of double occupancy room in a campus residence hall. Also covers full nonresident fee of $14,268*, if applicable. Entering freshmen with National Merit / Achievement Semifinalist / Finalist status and a 3.0 or higher GPA. Follows National Merit / Achievement announcement timeline.
National Merit / Achievement Finalist Awards $4,000 ($1,000 per year) Entering freshmen with finalist status and selection of Ole Miss as first choice and who are not receiving a National Merit Corporate award. Follows National Merit / Achievement announcement timeline.
Barnard Scholarship $20,000 ($5,000 per year) Entering freshmen who have achieved National Merit / Achievement Finalist status and have a 3.0 or higher high school GPA. Follows National Merit / Achievement announcement timeline.
National Hispanic Recognition Awards $8,000 ($2,000 per year) Entering freshmen named to the College Board’s National Hispanic Recognition Program after taking the PSAT/NMSQT. Confirmation must be received within the first term of enrollment.
High School Valedictorian / Salutatorian Scholarship $6,000 ($1,500 per year) Entering freshmen who are named valedictorian or salutatorian of their high school. Confirmation must be received within the first term of enrollment.
Mississippi
All-Star Scholarship
$4,000 ($1,000 per year) Entering freshmen from Mississippi who have been selected for the top 20 All-Star Scholarships by the Mississippi Economic Council. Confirmation must be received within the first term of enrollment.
Mississippi Star Student $8,000 ($2,000 per year) Entering freshmen from Mississippi who have been selected as the Star Student of their high school. Confirmation must be received within the first term of enrollment.
Student Body President $6,000 ($1,500 per year) Entering freshmen who served in the top elected position in their high school as president of the entire student body (or student council). Confirmation must be received within the first term of enrollment.
Eagle Scout / Gold Award $6,000 ($1,500 per year) Entering freshmen who have achieved the levels of Eagle Scout or Gold Award. Confirmation must be received within the first term of enrollment.
Boys State / Girls State $4,000 ($1,000 per year) Entering freshmen who are named as governor to their state OR the state delegate to Boys Nation/Girls Nation. Confirmation must be received within the first term of enrollment.
Academic Excellence Technology $1,000 (one year only) Entering freshmen with a 33 or higher ACT or an equivalent SAT score and a minimum 3.0 high school GPA. National Merit / Achievement Semifinalists / Finalists are eligible for the Academic Excellence Scholarship National Merit / Achievement Semifinalist / Finalist Award and will not be eligible to receive this award. Qualifying tests must be taken prior to enrollment as a new freshman at the University of Mississippi.
Mississippi Boys State/Girls State $1,000 (one year only) Entering freshmen who participated in Mississippi Boys State / Girls State. Confirmation must be received within the first term of enrollment.
*estimated for 2016-17

Competitive Academic Scholarships

We are pleased to acknowledge and award high -achieving students. For the following awards, you must submit the Special Programs & Scholarships Application, which is available beginning July 1, 2015. This is very important because students may fill this out only as entering freshmen. All students must complete the General Information section before gaining access to the individual tabs. In addition to scholarships, this is also how you apply for admission to our competitive academic programs: Sally McDonnell Barksdale Honors College, Lott Leadership Institute, Croft Institute for International Studies, Chinese Flagship Program, Intensive Language Program, Mississippi Excellence in Teaching Program, Center for Manufacturing Excellence, and Pharmacy.

Chancellor’s Scholars Program:

The premier merit-based scholarship program for our top incoming freshmen.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
Penelope W. and E. Roe Stamps IV Leadership Up to cost of attendance after considering other awards. The package includes a $12,000 stipend for educational activities outside the classroom, including study abroad, research and other enrichment pursuits. Entering freshmen with exceptional academic and leadership records. Supported by the Stamps Family Charitable Foundation. Jan. 5
Robert M. Carrier $40,000
($10,000 per year)
Our prestigious awards given to entering freshmen who are Mississippi residents. Outstanding academic and leadership record required. Jan. 5
Sally Vick Hill
W.R. Newman

 

The University of Mississippi Foundation Scholarships:

Scholarships are made available by donations from alumni and friends of the university. Selection is made by campus committee.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
Luckyday Success $8,000-$20,000 ($2,000-$5,000 per year) Entering freshmen from Mississippi with 20 ACT or higher (940 SAT), 3.2 or higher GPA and remaining financial need after considering other scholarships or grants. Selection considers grades, test scores, financial need, leadership, activities and the Luckyday essay. Must live in the Residential College for a minimum of two years. Seventy-five new freshmen are chosen each year. Priority date of Jan. 5 for submitting the Special Programs & Scholarships Application and deadline of March 1 for filing the FAFSA.
Ole Miss FIRST $18,000
($4,500 per year)
Entering freshmen with exceptional leadership records and a 3.0 or higher high school GPA (cumulative or core). Must agree to participate in a leadership-mentorship program. Feb. 15
Ole Miss Women’s Council $32,000
($8,000 per year)
Entering freshmen with exceptional leadership records and a 3.0 or higher GPA (cumulative or core). Must agree to participate in a leadership-mentorship program. Some scholarships may be need-based. Priority date is Jan. 5; final deadline is Feb. 15.
General Foundation Scholarships $2,000- $29,376 ($500-$7,344 per year for up
to four years)
Students who meet donor-specific requirements. Academic and leadership records considered. Some scholarships may be need-based. Funds are limited. Feb. 15; FAFSA priority date March 1 for scholarships requiring a demonstration of financial aid.
Osher Reentry Up to $2,500
per year
($1,250 per semester)
Students who are pursuing their first baccalaureate degree; have experienced a cumulative gap in their education of five or more years since high school graduation or attainment of GED; who are enrolled at least half time, are U.S. citizens between 25 and 50 years old; and have demonstrated financial need as determined by the Free Application for Federal Student Aid (FAFSA). Part-time students are also eligible. Priority FAFSA date June 1; final deadline July 1. Must complete the Osher Reentry Scholarship Application.

UM Departmental Scholarships:

Contact the department that administers your major.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
Arabic Language Program Partial tuition scholarship for each of the two summer terms for entering freshmen who join JumpStart and up to $2,500 for each of their freshman, sophomore and junior summers. Entering freshmen with strong academic records who demonstrate a commitment to achieve superior proficiency in Arabic. Prior Arabic language experience not required. Jan. 5 (Late applications will be considered.)
Center for Manufacturing Excellence (CME) $32,000 ($8,000 per year) Entering freshmen with strong academic and leadership records selected for the CME program. Jan. 5
Chinese Flagship Program Varies. Scholarship only applies toward summer and overseas programs. Acceptance into the Chinese Flagship Program. Highly competitive. For details, contact: chinese@olemiss.edu. Jan. 5 for full consideration. Applications received subsequently will be treated on a space- available basis.
Christine and Clarence Day Business $40,000 ($10,000 per year) Entering freshmen who are Mississippi high school graduates pursuing business degrees. Outstanding academic and leadership records required. Jan. 5
Croft Institute for International Studies $32,000 ($8,000 per year) Entering freshmen with strong academic and leadership records who demonstrate an interest in international studies and who are actively pursuing a degree in international studies. Jan. 5
Gatlin Family $12,000 ($3,000 per year) Entering freshmen from North Mississippi or the Memphis area pursuing business degrees. Outstanding academic and leadership records required. Jan. 5
German Intensive Summer Program Partial tuition scholarship for entering freshmen who join JumpStart and up to $2,000 for summer study in Germany. Entering freshmen who intend to minor or major in German. Prior German language experience not required; those with up to two years of high school German may also apply. Jan. 5 (Late applications will be considered.)
Honors College Scholarships $32,000 ($8,000 per year) Entering freshmen admitted to the Honors College; selection is competitive. Jan. 5
Lott Leadership Varies Entering freshmen with exceptional leadership and academic records who are actively pursuing a degree in public policy leadership. Jan. 5
Mississippi Excellence in Teaching Loan/ Scholarship Up to cost of attendance after all other gift aid is considered. Entering freshmen majoring in math or english Education. Competitive applicants are expected to have at least a 28 ACT (1250 SAT) and at least a 3.5 or higher GPA (cumulative or core). Priority date Jan. 5; final deadline Feb. 15.
College of Liberal Arts Varies For a list of scholarships and criteria, visit olemiss.edu/depts/ liberal_arts. Feb. 15
Meek School of Journalism and New Media Varies For a list of scholarships and criteria, visit meek.olemiss.edu. Feb. 15
Patterson School of Accountancy $12,000 ($3,000 per year) Entering freshmen and transfer students who are actively pursuing degrees in accountancy. Strong academic and leadership records considered. Feb. 15
School of Engineering $4,000-$24,000 ($1,000-$6,000 per year) Entering freshmen and transfer students who are actively pursuing degrees in engineering, including computer science. Feb. 15
Department of Music Varies For scholarships and criteria information, visit olemiss.edu music. Auditions may be required. Contact: 662-915-7268
Department of Bands Varies For scholarships and criteria information, visit olemiss.edu/depts/band. Auditions may be required. Contact: 662-915-7390
Choral Department Varies For scholarships and criteria information, visit olemiss.edu/depts/musicchoral. Auditions may be required. Contact: 662-915-5115
Department of Theatre Arts Varies For scholarships and criteria information, visit olemiss.edu/depts/theatre_arts. Auditions may be required. Contact: 662-915-5816
Department of Art Varies For scholarships and criteria information, visit olemiss.edu/depts/art. Portfolio may be required. Contact: 662-915-7193
ROTC-Department of Air Force/ Aerospace Studies Varies Contact department for more details. Contact: 662-915-7357
ROTC-Department of Military Science Varies Contact department for more details. Contact: 662-915-7085
ROTC-Department of Naval Science Varies Contact department for more details. Contact: 662-915-5831

 

Additional Scholarships:

The awards below recognize students who demonstrate leadership and academic ability.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
Chancellor’s Leadership Class $1,000
(first year only)
Entering freshmen demonstrating strong leadership; must be nominated by school official AND selected by the university committee. Feb. 15. Strongly encouraged to fill out Special Programs & Scholarships Application.
Holmes $4,000-$10,000 ($1,000-$2,500 per year) Entering freshmen who are nonresidents and have at least a 24 ACT (1090 SAT) and at least a 3.5 high school GPA. Students named National Merit Semifinalists/Finalists are not eligible to receive this award. Feb. 15
Bledsoe $6,000-$10,800 ($1,500-$2,700 per year) Entering freshmen who are Mississippi residents and have at least a 24 ACT (1090 SAT) and at least a 3.5 high school GPA. Students named National Merit Semifinalists/Finalists are not eligible to receive this award. Feb. 15

Nonresident Scholarships:

The awards below are fee-specific and will pay towards the nonresident fee only. Partial awards are stackable, but the combination of credits from these awards cannot exceed the amount of the nonresident fee.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
J. Means Nonresident $8,000 - $16,000 ($2,000 - $4,000 per year toward nonresident fee) Incoming, first-year, full-time students who are residents of Shelby, Tipton and Fayette counties in Tennessee and have earned at least a 3.0 high school GPA (cumulative or core) and a 26 ACT (or the SAT equivalent) Qualifying tests must be taken prior to enrollment as a new freshman at the University of Mississippi.
Veterans Nonresident Scholarship Pays for the full nonresident fee, currently valued at $52,920 ($14,268* per year) Awarded to students who have been engaged in and honorably discharged from active duty, for other than training purposes, in the U.S. Army, Navy, Air Force, Marines or Coast Guard. Part-time students are also eligible. (Please note - Qualifying students will receive a Yellow Ribbon Nonresident Scholarship in lieu of the Veteran Nonresident Scholarship.) Contact the coordinator of Veteran's and Military Services at 662-915-5021.
Military Benefit Nonresident Scholarship Pays for the full nonresident fee, currently valued at $57,072 ($14,268* per year) Awarded to non-veteran students who receive veterans education benefits (as defined by the U.S. Code, Title 38) as service members or because they are an eligible family member with transferred benefits. These individuals will qualify for a scholarship that pays the full nonresident fee. Receipt of benefits must be confirmed each term by our Office of Veteran and Military Services. Part-time students are also eligible. (Please note - Qualifying students will receive a Yellow Ribbon Nonresident Scholarship in lieu of the Military Benefit Nonresident Scholarship.) Contact the coordinator of Veteran's and Military Services at 662-915-5021.
STEM Major Nonresident $8,000 ($2,000 per year toward the nonresident fee) Incoming, first-year, full-time students with at least a 3.5 high school grade-point average (GPA) and a 28 ACT (or the SAT equivalent) who will be enrolled in any of the STEM (science, technology, engineering or math) majors. Please see website for acceptable majors. Qualifying tests must be taken prior to enrollment as a new freshman; selection of STEM major must be during the first semester of enrollment.
Academic Common Market Scholarship covers nonresident fee in full. Currently valued at $52,920 ($14,268* per year) Nonresident students from a state participating in ACM. Must major in one of the following degree programs: Bachelor of Science in forensic chemistry OR Bachelor of Science in Geological Engineering. For full details on eligibility and the application process: olemiss.edu/info/acm
Nonresident Alumni Scholarships $12,000 ($3,000 per year, per alumnus parent, toward the nonresident fee) Nonresident students whose parent(s) received a degree from the university. Must apply before the end of the semester in which you would like to receive the award. Either complete the Special Programs & Scholarships Application or download the application from our website.

Grants for Mississippi Residents:

All students who meet the eligibility criteria will be awarded.

SCHOLARSHIP
NAME
AWARD
AMOUNT
ELIGIBILITY DEADLINE
Ole Miss Opportunity (OMO) Program This unique program provides a benefits package that covers base tuition plus standard allowances for housing and meals. For 2015-16, this guarantee of basic costs was valued at $15,896. OMO funding will “fill the gap” up to this cap after other scholarships/grants have been considered (including the Federal Pell Grant). The amount may change if the student’s financial need changes and/or if the student receives additional gift aid. Mississippi residents who are U.S. citizens, entering freshmen at the start of the fall 2015 semester, seeking a degree and enrolled full time and have a 3.0 high school GPA. Family adjusted gross income on the 2015 federal tax return must be at or below $30,000, and student must be eligible to receive Federal Pell Grant. In order to receive full benefits for 4 years, must live in university-owned housing. FAFSA must be submitted by March 1.
Sumner’s Grant Up to $5,000 per year Must be a resident of Attala, Carroll, Choctaw, Montgomery or Webster counties in Mississippi; enrolled in a degree program. Part-time students are also eligible. Must apply before the end of the semester in which you would like to receive the award. Complete application on our website.
Robert G. Barnett $4,000 ($1,000 per year) Mississippi residents who are graduates of Indianola Academy or Gentry High School. Preference given to residents of Sunflower County. Must have a minimum 2.5 high school GPA. Must be admitted to the university.
*estimated for 2016-17

State of Mississippi Financial Aid:

Application available online at riseupms.com/state-aid/ beginning Jan. 1, 2016. Listed deadlines are subject to change. For more information, contact the Mississippi Office of Student Financial Aid at 601-432-6997 or 800-327-2980.

GRANT AWARD
AMOUNT
ELIGIBILITY DEADLINE
Higher Education Legislative Plan (HELP) Covers tuition for no more than 10 regular semesters or until completion of first undergraduate degree. Mississippi residents who meet a specific high school core curriculum and demonstrate need as determined by FAFSA results. Enrolled full-time at a Mississippi college or university. Cumulative GPA 2.5 and a 20 ACT score. Family adjusted gross income requirements must be met. March 31
Mississippi Resident Tuition Assistance Grant (MTAG) Up to $500 per year for freshmen and sophomores and up to $1,000 per year for juniors and seniors. Undergraduate Mississippi residents who are enrolled full time at an eligible Mississippi college or university. Cumulative GPA of 2.5 and 15 ACT or 720 SAT score. Sept. 15
Mississippi Eminent Scholars Grant (MESG) Up to $2,500 per year for a maximum for eight regular semesters. Undergraduate Mississippi residents who are enrolled full-time at an eligible Mississippi college or university. Cumulative GPA of 3.5 and 29 ACT or 1280 SAT score or National Merit/National Achievement Scholar. Sept. 15

Federal Grants, Loans, Work-Study:

Federal student financial aid eligibility is determined by the information from a processed Free Application for Federal Student Aid (FAFSA).

Have these documents ready when you begin completing your FAFSA on fafsa.gov:

  • Your driver’s license and Social Security numbers
  • A copy of your and your parents’ IRS tax return transcript (2015 returns for the fall 2016 term). If not available, you may estimate and update figures later. Attempt to use the IRS Data Retrieval Tool to transfer income information into your FAFSA.
  • Your and your parents’ W-2 forms and other records of money earned
  • Records of untaxed income such as clergy allowances and child support
  • Current bank statements
  • Business and farm records
  • Stock, bond and other investment records
  • Your alien registration card (if you are not a U.S. citizen)

Students need to submit the FAFSA no later than March 1 for priority consideration (to allow adequate time for the verification process). If a FAFSA is selected for verification by the federal processor, the student must provide specific documents (which may include a copy of the parents’ and student’s IRS tax return transcript and W-2 forms) to the Office of Financial Aid. We will confirm that the information submitted on the FAFSA is correct. Students will not be awarded any federal aid or considered for any need-based scholarships until verification is complete. Verification typically takes two to three weeks.

Federal Grants: A form of gift aid, federal grants do not have to be repaid. They are awarded to students who have financial need as determined by a processed FAFSA and who have not earned a bachelor’s or a professional degree.

GRANT AWARD
AMOUNT
ELIGIBILITY DEADLINE
Pell Grant The maximum award for 2015-16 was $5,775. Students may receive this grant for no more than the equivalent of six years of full-time enrollment. This award is an entitlement if you qualify. Any student working on his/her first undergraduate degree. The Office of Financial Aid determines the actual award amount based on enrollment status and expected family contribution (EFC). FAFSA priority date March 1. May submit 2016-2017 FAFSA before June 30, but in order to receive funds for fall/spring, must submit it before end of the spring semester.
Federal Supplemental Education Opportunity Grant (FSEOG) Grant amount varies; it is typically no more than $500 per year. The allocation is limited. Undergraduate students with exceptional need (lowest EFCs). FAFSA priority date March 1.

Loans: Some families may need to consider student and/or parent loans to help meet the cost of attending the university. It is very important to understand how all types of loans work and what to do when it comes time to repay these loans. Always come to us with questions or to talk things through before taking out a loan.

There are two types of Federal Direct student loans: subsidized and unsubsidized. They are both made possible through the U.S. Department of Education. Annual borrowing limits vary according to classification and dependency status, and are limited to the cost of attendance minus other financial aid the student receives. Repayment begins six months after the student leaves school or becomes enrolled less than half time. The interest rate has been fixed at 4.66 percent for 2014-15. Completing loan entrance counseling and electronically signing a Master Promissory Note for these loans is required.

Federal Direct Subsidized Stafford Loan: Eligibility is based on a student’s financial need determined by federal guidelines. The federal government pays the interest for students while they have the status of at least half-time enrollment in school.

Federal Direct Unsubsidized Stafford Loan: Available to students regardless of income or need, but the student is responsible for the interest charges that begin to accrue immediately.

Annual Direct Loan borrowing limits for dependent and independent students (for definition of dependency status, (please see our website):

DEPENDENT STUDENT


Freshman Sophomore Junior Senior
Subsidized $3,500 $4,500 $5,500 $5,500
Unsubsidized $2,000 $2,000 $2,000 $2,000
Total $5,500 $6,500 $7,500 $7,500

INDEPENDENT STUDENT


Freshman Sophomore Junior Senior
Subsidized $3,500 $4,500 $5,500 $5,500
Unsubsidized $6,000 $6,000 $7,000 $7,000
Total $9,500 $10,500 $12,500 $12,500

Federal Direct Parent Loan for Undergraduate Students (PLUS): Parents have the opportunity to submit an application for a PLUS loan. If a parent is denied the loan, then the dependent student may be eligible to borrow up to an additional $4,000 in Direct Unsubsidized loans if a freshman or sophomore and $5,000 if a junior or senior. If a parent is approved for the loan, then the parent may borrow up to the student’s total cost of attendance less other financial aid received such as grants and scholarships. Please note that if one parent is approved and another parent denied for the same student, then the dependent student is ineligible for the additional Direct Unsubsidized loans per federal regulations.

Federal Perkins Loan: Long-term, low-interest loans are available to undergraduates who demonstrate exceptional financial need. Because funds are limited, award amounts usually do not exceed $2,000 per year. The interest rate is fixed at 5.0 percent, and interest does not accrue until repayment begins.

Federal Health Professions Student Loan: Loans of up to the cost of attendance are available to eligible pharmacy students who demonstrate financial need. The interest rate is fixed at 5.0 percent and does not accrue until repayment begins. Because funds are limited, award amounts usually do not exceed $5,000 per year.

Non-federal Private Loans: Private loans are available to students who are ineligible for federal student loans or who need more loan funds than the federal program can supply. Being approved for a private loan depends largely on the credit score of the borrower (and co-signer, if applicable). Private loan products vary significantly, and students should consider the terms and conditions carefully when selecting a private loan program.

Employment: Working on or off campus while enrolled in school will not only expose you to different people, build your resume, help you with time-management skills and provide you with leadership opportunities, but it could also help pay for your education. Let’s take a look:

Federal Work Study: Part-time employment of 10-15 hours per week may be available to students who demonstrate financial need as determined by a processed FAFSA. Jobs are available in campus departments and at approved off-campus sites.

Student Employment: Part-time jobs on campus are coordinated through the Student Employment Office. Financial need is not required for these employment opportunities.

Job Location and Development Program: This program assists students in finding jobs in the community. Financial need is not required to participate in this program that is administered by the Career Center.

Cost of Attendance: The cost of college is more than a flat tuition rate. Our estimated cost of attendance is composed of both direct and indirect costs. Direct costs include tuition & fees, housing and meal plans, for which you would receive an actual bill. Indirect costs include books, other supplies, and personal and travel expenses. It is very important to consider both while making your financial plan.

Estimated Cost of Attendance 2016-17
Undergraduate • Full-time enrollment
Expense Amount
Tuition $7,644*
Capital Improvements Fee $100
Housing $5,902**
Food $4,398***
Books & Supplies $1,200
Personal & Travel $4,600
Total for Mississippi Residents $23,844
Additional Fee for Nonresidents $14,268*
Total for Nonresidents $38,112

* Pharmacy/Pre-Pharm tuition is higher. Please see our website for details.

**Double occupancy in a standard residence hall is expected to be $4.895.

***Minimum meal/food plan averages $2,620 per year. Meal plans are not required for transfer students.

Note: These amounts are estimated and subject to change without notice. Please see our website for the latest cost estimates.

We hope this information has been helpful. Our staff is ready to welcome you to the Ole Miss family and to help you understand the financial aspect of attending the University. Visit us any time.

Contact Us:
Office of Financial Aid
Mon.-Fri., 8 a.m.-5 p.m. No appointment necessary.
257 Martindale
800-891-4596
finaid@olemiss.edu
Fax: 662-915-1164

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