Cost of college increased for all Mississippi Valley State University students during 2022-23 school year

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The cost of tuition at Mississippi Valley State University rose by 4.9% for the 2022-23 school year, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the public, four-year university paid $7,414 in tuition for both the 2021-22 and 2022-23 academic years.

Approximately 54% of the undergraduate student body are residents of Mississippi. Students from other states make up about 45%, while international students represent roughly 1%.

Data indicates that 98% of full-time undergraduates who began studies at Mississippi Valley State University in 2022-23 received some form of financial aid. In total, 199 students were awarded grants or scholarships amounting to $1.9 million, and 161 students borrowed over $1 million in student loans.

Across the entire undergraduate population, 1,152 students received grants or scholarships totaling $9.5 million. Additionally, 892 students took out federal student loans amounting to $5.5 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Mississippi Valley State University in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 182 89% $1.1 million $6,304
State / local grant or scholarship 21 10% $78,951 $3,760
Institutional grants or scholarships 98 48% $624,662 $6,374
Grant or scholarship aid total 199 97% $1.9 million $9,302
Federal student loans 160 78% $840,946 $5,256
Other student loans 34 17% $187,106 $5,503
Student loan aid 161 79% $1 million $6,385
Total student aid 201 98% $2.9 million $14,323

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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