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Cost & financial aid brief

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# Alcorn State University Tuition, Costs & Financial Aid

Updated October 21, 2026

[Overview](/school/alcorn-state-university/)Cost & aid[Outcomes](/school/alcorn-state-university/outcomes/)[Admissions](/school/alcorn-state-university/admissions/)[Majors](/school/alcorn-state-university/majors/)[Similar schools](/school/alcorn-state-university/similar/)

**On this page**+

## How much does Alcorn State University cost after financial aid?

Alcorn State University posts the same published tuition and fees for in-state and out-of-state undergraduates, $8,785, alongside room and board of $12,204. The published cost of attendance is $23,751.

After that grant aid, the average recipient faces a [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) of $13,265, a level $803 below the $14,068 median at comparable institutions (same type and size). For the typical recipient, scholarships and grants shave $10,486 off the sticker price, covering about 44% of the total published cost of attendance.

Azimuth ranks the university #456 for affordability among nonprofit four-year institutions. That places the affordability pillar in the 68th percentile.

After grants and scholarships, aid recipients at Alcorn State University pay an average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) of $13,265. That figure sits $803 below the median at comparable institutions (same type and size).

Azimuth places the affordability pillar in the 68th percentile among nonprofit four-year institutions. Borrowers who complete a degree hold a median of $27,000 in federal student loans.

That amount is $5,771 above the peer median. For the lowest income band, average net price is $12,613.

For the highest, it is $17,620. Net price sits below the peer median, yet debt runs above it.

After grants and scholarships, the average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) for aid recipients is $12,613 in the lowest family-income band (under $30,000), $12,344 in the next band ($30,001–$48,000), $16,296 in the middle band ($48,001–$75,000), $18,244 in the next-highest band ($75,001–$110,000), and $17,620 in the highest band (over $110,000). 69.8% of undergraduates receive Pell Grants, so the lowest band applies to a large share of the student body. The spread between the lowest and highest bands is $5,007.

Average net price by family income

**$0–30K**
$12,613

**$30–48K**
$12,344

**$48–75K**
$16,296

**$75–110K**
$18,244

**$110K+**
$17,620

Averages within each income band; individual aid packages vary.

Overall average annual net price: **$13,265**. After grants and scholarships, including living costs. [Source and coverage](#cost-data-notes).

Aid covers about 44% of the published cost for the average aid recipient, leaving a sticker-to-net gap of $10,486. The pattern across income bands is relatively flat: the average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) moves from $12,613 in the lowest band to $17,620 in the highest, a spread of $5,007.

That narrow range means the net price a family faces does not increase steeply with income. The figures are averages within each band; an individual aid package depends on a family's specific circumstances.

The published cost of attendance at Alcorn State University is $23,751. Azimuth ranks the university #456 for affordability among nonprofit four-year institutions.

After grants and scholarships, the average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/)—what aid recipients actually pay—is $12,613 for families earning under $30,000, $16,296 for those earning $48,001 to $75,000, and $17,620 for those earning over $110,000. The spread between the lowest and highest bands is $5,007.

Aid reduces the published cost by an average of $10,486 for aid recipients. The average net price across all aid recipients is $13,265, which is $803 below the $14,068 median for comparable institutions (same type and size).

In-state tuition and fees are $8,785, and out-of-state tuition and fees are $8,785. Borrowers who finish carry a median of $27,000 in federal student loans.

That is $5,771 above the $21,229 peer median for comparable institutions. 88.5% of federal aid recipients take federal loans.

Parents who borrow hold a separate median of $13,000 in [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) loans. If repaid over ten years, the median federal student debt corresponds to an estimated payment of $307 a month.

## Student loans: what does repayment look like?

Borrowers who complete a degree at Alcorn State University leave with a median of $27,000 in federal student loans. That median is $5,771 above the $21,229 figure for comparable institutions (same type and size).

Most undergraduates borrow: the federal-loan share is 88.5%. That share covers students who take any federal loan during their time enrolled.

Parents who borrow through the [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) program hold a separate median of $13,000.

The median earnings for federally aided completers at Alcorn State University who are working and not enrolled are $45,495, at the 10th percentile among nonprofit four-year institutions. That amount is $11,806 below the $57,301 median for comparable institutions (same type and size).

Graduates earn about $10,391 less than the model expects for similar students. The gap sits at the 18th percentile.

The program mix yields earnings scenarios from $39,118 on the low end to $81,076 on the high end. The typical earnings scenario is $45,495.

Borrowers who finish carry a median of $27,000 in federal loans, $5,771 above the median for comparable institutions (same type and size). That debt corresponds to an estimated payment of $307 a month if repaid over ten years.

For the separate population of parent borrowers, median [Parent PLUS](/analysis/ou-what-happens-when-parents-borrow-too/) borrowing is $13,000. For student borrowers, the median federal debt corresponds to an estimated payment of $307 a month if repaid over ten years.

[Repayment figures](#combined-borrowing) are in the Financial GPS card below. [Borrowing populations and model assumptions](#cost-data-notes).

## Parent loans: what can the family afford?

[How Parent PLUS borrowing affects families](/analysis/ou-what-happens-when-parents-borrow-too/)

**Median Parent PLUS debt**
$13,000

**Estimated parent payment**
$165/mo

Modeled Parent PLUS pressure by income

| Household income | Share of income above basic expenses | Risk level |
| --- | --- | --- |
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 9.7% | Caution |
| $100,000 | 4.4% | Safe |
| $150,000 | 2.1% | Safe |
| $200,000 | 1.4% | Safe |

The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. [Open the parent tool for your own numbers](/financial-gps/?tool=parent&school=alcorn-state-university#parent-tool). [Read the assumptions and limits](#cost-data-notes).

## Student and parent loans: the monthly payments

Financial GPS

### What does repayment look like?

**Institution median student debt**
$27,000

**Institution Parent PLUS debt**
$13,000

Federal loans only; private or institutional loans aren’t included.

**Estimated student payment · monthly**
$307/mo

**Estimated Parent PLUS payment · monthly**
$165/mo

**Modeled student + parent payments**
$472/mo

Payments use school-wide median balances, not a specific major’s.

#### Student payment as a share of available income

At median graduate earnings of $45,495, with a $23,940 annual allowance for basic expenses:

**17.1%** of income above the allowance · Concerning

1.  Excellent Under 8%
2.  Good 8–under 12%
3.  Concerning 12–20% · selected scenario
4.  High risk Over 20%

How this estimate works

These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.

[Read the framework and its limits](/analysis/financial-gps-framework/).

Payment assumptions

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.

[Explore your own numbers in Financial GPS](/financial-gps/?tool=student&school=alcorn-state-university#student-tool)

## Data & methodology

Sources and reporting periods: [methodology](/methodology/).

Analysis and methodology by [Daniel Rogers](/about/#founder), founder of College Azimuth.

Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.

Figure notes link to sources and limitations. [About College Azimuth](/about/).

**Net price and borrowing.** The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. [College Scorecard data and documentation](https://collegescorecard.ed.gov/data/).

A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.

Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.