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.
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 RiseUp MS website.
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 $565 and $5,815 per award year. These funds are divided between fall and spring semesters and credited to the students account. Any remaining balance of financial aid (after fees are paid) is applied to the student’s BankMobile card in four disbursements.
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). Priority is given to students who receive Federal Pell Grants. This money does not have to be paid back, as long as the student remains enrolled more than 60% of that semester.