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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S
 
Alcorn State University
Lorman, MS
TUITION AND EXPENSES
Cost of Attendance $21,867
Tuition and Fees $6,546
Room and Board $8,667
 
Books and Supplies $1,536
Other Expenses $5,118
Payment Plans Credit card, installment plan
APPLYING FOR FINANCIAL AID
Financial Aid Office
E-mail  
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
 
Application Process
Application Deadline  
Award Notification On a rolling basis beginning April 1
Method for Awarding Institutional Aid Federal and Institutional Methodologies
Forms Required Cost to File
FAFSA
Code is 002396
Free
Institution's own form  
PROFILE OF 2016-17 FINANCIAL AID
Freshmen
Financial Aid Applicants 525 (100.0%) of freshmen
Found to Have Need 525 (100.0%) of applicants
Received Financial Aid 525 (100.0%) of applicants with financial need
Need Fully Met 72 (13.7%) of aid recipients
Avg. Pct. of Need Met 94%
Average Award $14,918
  Need-Based Gift Received by 525 (100.0%) of aid recipients, average amount $6,140
  Need-Based
  Self-Help
Received by 474 (90.3%) of aid recipients, average amount $3,458
  Merit-Based Gift Received by 246 (46.9%) of aid recipients
Merit-Based Gift 256 (48.8%) of freshmen had no financial need and received merit aid, average amount $8,184
 
All Undergraduates
Financial Aid Applicants 1,337 (51.6%) of undergraduates
Found to Have Need 1,284 (96.0%) of applicants
Received Financial Aid 1,225 (95.4%) of applicants with financial need
Need Fully Met 129 (10.5%) of aid recipients
Avg. Pct. of Need Met 49%
Average Award $15,032
  Need-Based Gift Received by 1,160 (94.7%) of aid recipients, average amount $5,902
  Need-Based
  Self-Help
Received by 999 (81.6%) of aid recipients, average amount $3,956
  Merit-Based Gift Received by 402 (32.8%) of aid recipients
Merit-Based Gift 721 (27.8%) of undergraduates had no financial need and received merit aid, average amount $8,158
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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S   -   2
 
PROFILE OF 2016-17 FINANCIAL AID - continued
Borrowing
2016 Graduates Who Took Out Loans 94%
Average Indebtedness of 2016 Graduates $35,077
Parents Borrowing PLUS Loans
  Parents of Students Receiving Aid 60.0%
  Parents of Students Not Receiving Aid 11.0%
FINANCIAL AID PROGRAMS
Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans  
Other Loans  
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need-Based Available Academic scholarships, Athletic scholarships, ROTC scholarships, Leadership scholarships
Non-Need Awards
Academic Interest/ Achievement Award Areas Not reported
  Number of Awards 427
  Top Areas (By
  Money Awarded)
 
Creative Arts/ Performance
Award Areas
Music
  Number of Awards 244
  Top Areas (By
  Money Awarded)
 
Special Achievements/ Activities Award Areas Leadership
  Number of Awards 2
  Top Areas (By
  Money Awarded)
 
Special Characteristics
Award Areas
Children of Faculty/Staff
  Number of Awards 55
  Top Areas (By
  Money Awarded)
 
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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S   -   3
 
FINANCIAL AID PROGRAMS - continued
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from
On-Campus Employment
$1,111