Grants
State Grants
Mississippi Tuition Assistance Grant (MTAG)
Mississippi Tuition Assistance Grant (MTAG) is a state scholarship awarded to students who have not already received a degree from a college or university. MTAG is awarded to a student who has been a legal resident of Mississippi for at least 1 year prior to the award year, an ACT score of 15 or better, and a grade point average of 2.5 based on a 4.0 scale. Freshmen and sophomore awards are $250 per semester if full funding is available. Deadline to apply for MTAG is 9/15.
Mississippi Eminent Scholars Grant (MESG)
Mississippi Eminent Scholars Grant (MESG) is a state scholarship awarded to first-time entering students. MESG is awarded to a student who has been a legal resident of Mississippi for at least 1 year prior to the award year, has a minimum ACT score of 29 and 3.5 grade point average on a 4.0 scale, and is recognized as a finalist or semifinalist by the National Merit Scholarship Corporation or the National Achievement Scholarship Program. MESG award covers tuition and mandatory fees not to exceed $2,500.00. For more information, check the Mississippi Office of Student Financial Aid.
Federal Grants
Federal Pell Grant
The Federal Pell grant is money that is available to undergraduate students who have not received a baccalaureate degree. This money does not have to be paid back, as long as the student remains enrolled and attends more than 60% of that semester. The U.S Department of Education uses a standard formula to evaluate the information the student provides on the FAFSA to determine his/her eligibility. The award can be between $639 and $6,345 per award year. These funds are divided between fall and spring semesters and credited to the student’s account. Any remaining balance of financial aid (after fees are paid) is applied to the student’s selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. . You may set up your refund preference with BankMobile Disbursements on their website.
Federal Supplemental Equal Opportunity Grand (FSEOG)
The FSEOG grant is money available to undergraduate students who meet eligibility criteria. Eligibility is determined using the results of the FAFSA. FSEOG is awarded to the student with exceptional financial need or the lowest Expected Family Contribution (EFC) and is eligible for pell grant. This money does not have to be paid back, as long as the student remains enrolled more than 60% of that semester.