New State Aid Program
Page Content
Mississippi One Grant
The Mississippi One Grant will award students based on a need and academic merit basis.
The award amounts will be a product of the student’s financial need as determined by using the Expected Family Contribution (EFC), an index number derived from the Free Application for Federal Student Aid (FAFSA) and their academic performance by utilizing their ACT scores. A student could receive an award based on their EFC and stack an additional academic award on top of that based on their ACT score. The ACT super score can be utilized.
- 4 Year College Awarding Grid
| Type of Award | EFC = 0 | EFC Ranges 1 -1500 | EFC Ranges 1501 - 3000 | EFC Ranges 3001 - 4500 | EFC Ranges 4501 - 6000 | EFC Ranges 6001 - 9000 | EFC greater than 9000 |
|---|---|---|---|---|---|---|---|
| Need EFC | $2,500 | $2,000 | $1,500 | $1,000 | $800 | $600 | $0 |
| ACT 21-24 | $800 | $800 | $800 | $800 | $800 | $800 | $800 |
| ACT 25-28 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| ACT 29 or Higher | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
- 2 Year College Awarding Grid
| Type of Award | EFC = 0 | EFC Ranges 1 -1500 | EFC Ranges 1501 - 3000 | EFC Ranges 3001 - 4500 | EFC Ranges 4501 - 6000 | EFC Ranges 6001 - 9000 | EFC greater than 9000 |
|---|---|---|---|---|---|---|---|
| Need EFC | $1,200 | $720 | $600 | $400 | $320 | $240 | $0 |
| ACT 21-24 | $280 | $280 | $280 | $280 | $280 | $280 | $280 |
| ACT 25-28 | $400 | $400 | $400 | $400 | $400 | $400 | $400 |
| ACT 29 or Higher | $840 | $840 | $840 | $840 | $840 | $840 | $840 |