University of Mississippi - Stacking scholarships

Paying for College
1

I don’t think this is where my D will want to go. But I’m running the numbers on many, many schools so that we are making informed decisions. And I am shocked by this net price for University of Mississippi. Is this right? Or is their Net Price Calculator mistaken, and it stacked scholarships that can’t be stacked?

Total cost of attendance: 36,602
Estimated grants and scholarships:
Academic Excellence scholarship -7,344
Academic Excellence Non-resident scholarship -13,230
Academic Excellence NMF scholarship -1,000
Academic Excellence Housing scholarship -4,752
Barnard scholarship -5,000
Valedictorian/Salutatorian scholarship -1,500

Net Price : 3,776

2

They all seem like merit scholarships, which do stack to one another most of the time.

3

That is probably correct. The high merit awarding schools are very generous by allowing scholarships to stack. (Not all schools allow it!)

Another tip to consider is that the scholarships you are seeing are admission scholarships. When on your merit hunt, there may be additional scholarships through depts, honors colleges, etc. If stacking of scholarships is allowed, you may be able to reduce costs to full-ride.

4

What about years 2- 3- 4?

5

@madison85 Those scholarships are for 4 yrs. I just ran the Ole Miss NPC and our results were similar.

6

Ok, good. Is there a GPA requirement to maintain the scholarships for years 2-3-4?

7

@Lilliana330 and @Mom2aphysicsgeek - Thank you for the info.

8

Is this lower than what you are seeing at UK, UCF, OU and the other NM schools?

9

@nw2this:
UofO shows 6K.
UK is showing 30K. I think it is incorrect.
UCF is showing 18K, but it didn’t even ask about NF. I believe it applying an “average” grant amount.

10

Since these scholarships arent’t need based, it may be easier to use these cheat sheets. The awards are the same for everyone who qualifies, so you might not need the NPC.

www.ou.edu/content/dam/recruitment/scholarships/NMpackage_2016_NonRes.pdf
http://www.uky.edu/AcademicScholarships.old/freshman/nmf.htm
https://admissions.ucf.edu/files/2015/08/1504ADM332-National-Merit-Newsletter-FOR-WEB-LR.pdf
http://scholarships.ua.edu/nationalscholars/
http://www.uh.edu/honors/students/prospective-students/paying-college/national-merit-scholarship/
http://honors.utdallas.edu/nmsp
http://www.uah.edu/admissions/undergraduate/financial-aid/scholarships

11

Thank you, @nw2this! Those cheat sheets are much clearer than trying to decipher NPC’s and vague descriptions.