Pell Grants in Mississippi
Pell Grant Mississippi – Pell Grant is an educational grant given to students by the United States Department of Education to pay college fees.
Not each student is eligible to get a Pell grant. Pell Grants are available only for undergraduate students who display exceptional financial need and have not earned a graduate, a bachelor’s, or a professional degree.
The good thing about Pell Grants is that you don’t have to refund these (except few circumstances), just like loans. So, you no longer need to worry about repaying the grant.
The Pell Grant distribution is under the federal government, which independently assesses the students’ need for the grant.
Pell grants are specifically for low-income families consisting of students who don’t have the money to obtain postsecondary education.
The maximum amount you can receive under Pell Grant for the 2022-2023 session is $6,895.
The amount you will get depends on a few things like your status as a full-time or part-time student, your financial need, and your cost of attendance.
Pell Grants Mississippi – What are the Options?
Pell Grants in Mississippi are available for students coming from low-income families. We will now discuss the available options.
1. Federal Pell Grant
Federal Pell Grants are available for students who don’t have money for further studies.
Not each student in Mississippi is eligible to get this grant, and the US Department of Education determines the eligibility based on a formula.
This formula uses the information provided by the student/parent while submitting a Free Application for Federal Student Aid (FAFSA).
How much money can you get?
The amount you get under Federal Pell Grant changes each year. For the 2022-2023 session, the Federal Pell Grant limit is $6895.
The amount you will get depends on:
- Your Expected Family Contribution (EFC)
- Status of the applicant as a full-time or part-time student
- The cost of attendance
- Your plans to attend school for a full academic year or less
Remember, the duration of Pell Grant eligibility is limited to 12 semesters. Pell Grant funding for a full-time student is 100 percent for a traditional academic year.
A student is not eligible for more than 600 percent (approximately six years) of Pell Grant funding.
2. Federal Supplemental Education Opportunity Grant (SEOG)
Under SEOG, grants up to $2,000 per year are available for students pursuing a first bachelor’s degree who show exceptional financial need. The availability of limited funds is why the grants at Mississippi College average $750 per year.
You must fill out the Free Application for Federal Student Aid (FAFSA) to apply for this grant.
Note: If you have met the Pell lifetime eligibility, you would not be eligible for SEOG funds.
3. Higher Education Legislative Plan for Needy Students (HELP)
The Mississippi Legislature started the HELP program to provide tuition assistance to students who are not getting gift aid from other sources.
Students who enroll in this program get full tuition for four years.
Eligibility Conditions for HELP:
- You must be a legal resident of Mississippi for one before filling out the application.
- Applicant must have a high-school cumulative grade point average (GPA) of 2.5 on a 4.0 scale.
- You have a score of a minimum of 20 on the National ACT.
- Have enrolled full-time at an approved postsecondary institution in Mississippi in a program of study leading to your first bachelor’s degree, first certificate, or first associate’s degree.
For more information, you can visit msfinancialaid.org.
4. Mississippi Eminent Scholars Grant (MESG)
Under MESG, a grant of $2,500 per year is available for Mississippi residents entering the first year of bachelor’s degree and designated as Achievement Finalists/Semifinalists/National Merit.
You are also eligible for MESG if you achieve an ACT score of 29 or more and a 3.5 high-school grade-point average. Moreover, one-year Mississippi residency and full-time enrolment are also required.
To get the grant, fulfill all requirements by September 15, and your application must reach the Mississippi Office of Student Financial Aid in Jackson before this date.
For renewal, an applicant must submit an application each year, have continued full-time status and maintains a 3.5 GPA.
5. Mississippi Tuition Assistance Grant (MTAG)
MTAG offers a grant of $500 per year to first-and second-year students and $1,000 per year to juniors and seniors. You must be a Mississippi resident for one year before your application to get this grant.
Moreover, a full-time enrolment is also required. All freshmen must have an ACT score of 15 and a 2.5 GPA.
Applications complete in all respects must reach the Mississippi Office of Student Financial Aid in Jackson by September 15 of each year.
An applicant must apply each year for renewal, have continued full-time status, and maintain a 2.5 college GPA.
So, this is all about Pell Grant Mississippi. This post provides you with information ranging from how to apply, eligibility, and more.
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