The 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, has an ACT score of 15 or better, and a 2.5 GPA based on a 4.0 scale. Freshmen and sophomore awards are $250 per semester if full funding is available. For more information, visit the RiseUp MS website.
The 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 or a 3.5 GPA 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. The MESG award covers tuition and mandatory fees not to exceed $2,500.00. For more information, visit the RiseUp MS website.
The FSEOG grant is money available to undergraduate students who meet eligibility criteria. Eligibility is determined using the results of the FAFSA. The College determines demonstrated need as the amount actually owed to the College less any financial aid received. If students still have a balance due to the College after this, they are considered for the FSEOG program on a first-come first-served basis according to the date their financial aid application is complete. This award can be between $100 and $4000 per award year depending on the funding levels of the College. However, more realistic awards for Copiah-Lincoln are between $100 and $2000 per award year. 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.
The Federal Pell Grant, unlike a loan, does not have to be repaid provided the student completes 60% of the semester. Pell Grants are awarded only to undergraduate students who have not earned a bachelor's or professional degree. (A professional degree would include a degree in a field such as medicine, law, or dentistry.) For many students, Pell Grants provide a foundation of financial aid to which other aid may be added. To determine if you are financially eligible for the Pell Grant, the U.S Department of Education uses a standard formula, established by Congress, to evaluate the information the student provides on the FAFSA. The formula produces an Expected Family Contribution (EFC) number. Your Student Aid Report (SAR) contains this number and will tell you if you are eligible.
The award can be between $602 and $5730 for the 2014-2015 award year. You can receive only one Pell Grant in an award year. How much you get will depend not only on your EFC, but also on your cost of attendance, enrollment status, and whether or not you attend school for a full academic year. You may NOT receive Pell Grant funds from more than one school at a time. These funds are divided between fall and spring semesters and are credited to the students account. Any remaining Pell Grant balance (after fees are paid) is issued to the student according to the disbursement method selected when the student's Higher One card was activated. Refunds are paid once per semester and are not issued until after the 8th week of school. To receive federal funds, you must meet all admission requirements and you must have a high school diploma or GED. Visit the FAFSA website to apply for a Federal Pell Grant.