Cost & financial aid brief
University of Mississippi Tuition, Costs & Financial Aid
How much does University of Mississippi cost after financial aid?
Aid covers about 54% of the published cost for the average aid recipient, a reduction of $15,346 against the sticker price. The lower-income bands have lower average net prices than the middle and upper-income bands, with costs increasing across the listed income range.
In its 2025-26 Common Data Set, the university reported that for the 2025-26 academic year, first-year students determined to have financial need received an average need-based grant of $13,991. Their average total aid package was $16,802.
On average, those students had 76% of their need met. Of the 2,465 first-year students with need, 394 had their need fully met.
The university also awarded merit aid to 2,111 first-year students, averaging $10,081.
The published cost of attendance at University of Mississippi is $28,660. Azimuth ranks the university #310 for affordability among nonprofit four-year institutions.
After grants and scholarships, the average net price for aid recipients from families earning under $30,000 is $8,945, for those earning $48,001 to $75,000 it is $14,794, and for those earning over $110,000 it is $21,313. The spread between the lowest and highest bands is $12,368.
Aid covers about 54% of the published cost for the average aid recipient. The average net price for first-time, full-time aid recipients is $13,314, which is $2,320 below the peer median of $15,634 for comparable institutions (same type and size).
Borrowers who finish carry a median of $20,000 in federal student loans, $76 below the peer median of $20,076. 86.3% of federal aid recipients borrow federal loans.
Parents who borrow hold a separate median of $29,387 in Parent PLUS loans. If repaid over ten years, the median federal student debt corresponds to an estimated payment of $227 a month. It estimates costs and payments for your own situation.
Student loans: what does repayment look like?
Borrowers who finish at University of Mississippi carry a median of $20,000 in federal student loans, and 86.3% of federal aid recipients take out federal loans. That figure sits $76 below the $20,076 median for comparable institutions (same type and size).
The spread shows how much debt varies. Parent borrowers hold a separate median of $29,387.
In its 2025-26 Common Data Set, the university reported that 43% of graduates borrowed from any source, averaging $32,545 per borrower. Of graduates, 40% held federal loans, averaging $18,675. Of graduates, 11% held private loans, averaging $54,224.
At University of Mississippi, federally aided graduates who are working and not enrolled earn a median of $66,243 four years after completion. Among nonprofit four-year institutions, that median sits at the 69th percentile.
Graduates earn about $6,446 more than expects for similar students. The gap sits at the 75th percentile.
Earnings scenarios, estimated from the program mix, range from $46,508 on the downside to $88,671 on the upside. The typical earnings scenario is $66,243.
For borrowers who complete, median federal debt is $20,000. The peer median for comparable institutions (same type and size) is $20,076, leaving the university's median $76 below that mark.
If repaid over ten years, that debt corresponds to an estimated payment of $227 a month.
For the separate population of parent borrowers, median Parent PLUS borrowing is $29,387. For student borrowers, that debt corresponds to an estimated payment of $227 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $29,387
- Estimated parent payment
- $373/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 22.0% | High pressure |
| $100,000 | 9.9% | Caution |
| $150,000 | 4.7% | Safe |
| $200,000 | 3.1% | 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. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $20,000
- Institution Parent PLUS debt
- $29,387
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $227/mo
- Estimated Parent PLUS payment · monthly
- $373/mo
- Modeled student + parent payments
- $600/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 $66,243, with a $23,940 annual allowance for basic expenses:
6.4% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- 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.
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.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, 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.
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.
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.