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    Mississippi College
   
 
  Sep 24, 2017
 
 
    
UNDERGRADUATE CATALOG 2013-2014 [Archived Catalog]

Financial Information



Location of Business Office

The Business Office is located in the foyer of Nelson Hall, Room 106.

Student Expenses

The cost to attend Mississippi College and the refund policies have been approved by the Board of Trustees and are designed to be as fair as possible to both the University and the student. If a student or parent feels the policies have not been administered as written, and in a fair and equitable manner, an appeal may be directed to the Vice President for Academic Affairs, Telephone: 601.925.3202.

Payment Policy

Tuition and fees are due and payable in full by the given deadline each semester unless utilizing the monthly payment plan. Accepted forms of payment are cash, check, money order, MasterCard, Discover, American Express, and eCheck

Any account balance not paid by the given deadline will be considered past due and will be placed on hold. Students with an account on hold will not be able to register for any upcoming semesters, view grades online, receive transcripts and may result in possible withdrawal from classes. Past due accounts will also be subject to a late payment penalty.

Monthly Payment Plan - The University offers a monthly payment plan, a convenient method for planning and budgeting tuition and fees for the fall or spring semester.  Under this plan, costs may be paid in four (4) monthly payments per semester. More detailed information may be obtained by contacting the Business Office at 601.925.3307 or 1.800.738.1287 or by email at bursar@mc.edu or by visiting www.mc.edu/offices/business.

Fees

The total expense of an undergraduate student attending Mississippi College for the nine-month session, excluding books and personal expenses, is approximately $21,380. This is payable by semester. The University reserves the right to revise prices as economic conditions warrant.

Table I-Typical Expenses

Full-time Undergraduate Students (12 -18 Hours) For One Semester For the Year
Tuition $7,060.00 $14,120.00
(Undergraduate Students taking 19 or more hours will be charged $442 per hour for each hour over 18)
Fixed Fee  $339.00 $678.00
 
Part-time Undergraduate Students  
Tuition per hour $442.00  
Fixed Fee    
  Less than 6 hours $97.00  
  6 -11 hours  $173.00  
  
Graduate Students  
Tuition (per 3-hour course)  $1,512.00  
  (At $504 per hour)    
Fixed Fee    
  5 or less hours  $114.00  
  6 hours or more  $190.00  
Tuition (per 3-hour course) DPC - Doctorate of Professional Counseling  $1,895.00  
  (At $625 per hour)    
 
Accelerated Degree Program Students  
Tuition (per 3-hour course)  $1,191.00  
  (At $397 per hour)    
Registration fee per session  $80.00  
    
Other Fees (to be paid by all students)
Technology Fee    
Less than 6 hours  $15.00  
6 hours or more  $35.00  
    
On-Campus Living Expenses (Room and Meals)  For One Semester  For the Year
New Residence Hall  $4,050.00  $8,100.00
Other Residence Halls  $3,600.00  $7,200.00
New Residence Hall - Private Room  $6,720.00  $13,440.00
Other Residence Halls - Private Room  $5,820.00  $11,640.00
Single Room - Hederman  $4,875.00  $9,750.00
Summer School  $1,150.00  
Summer School - Private Room  $2,300.00  
Plaza Apartments 1 Bedroom (no meals) $2,875.00 $5,750.00
Plaza Apartments 2 Bedroom (no meals) $3,550.00 $7,100.00
Loft Apartments (fall/spring per semester) $4750.00  $9500.00
Loft Apartments (summer) $1900.00  

Table II-Special Fees and Expenses

Application Fee-Graduate $35.00  
Application Fee-International $25.00  
Auditing Fee same as tuition for credit  
Campus mail box (per nine-month session)
        (included in on campus living expense)
$20.00  
Change of Schedule Fee by Office of the Registrar $25.00  
Credit validated by examination (per 3 hr. course including exam) $200.00  
Diploma Replacement Fee $35.00  
Duplicate ID card Fee $10.00  
Dyslexia Program Fee $50.00  
Enrollment in Absentia Fee $100.00  
Fax Charge Registrar Fee $15.00  
Graduate Thesis Maintenance Fee $100.00  
Graduation Fee-Graduate (Due 3 weeks before graduation) $100.00  
Graduation Fee-Undergraduate (Due 3 weeks before graduation) $70.00  
Healthplex Membership Fee-per semester $115.00  
Honors & Thesis Binding Fee (Due 3 weeks before graduation)    
Graduate $80.00  
Undergrad $60.00  
Housing Application Fee $100.00  
Improper Room Checkout $25.00  
Incomplete Grade Application Fee $25.00  
Late Graduation Application Fee $50.00  
Late Payment Penalty $125.00  
Late Registration Fee $50.00  
Late Room Change Fee $50.00  
Returned Check Fee $50.00  
Room Consolidation Fee (spring only) $500.00  
Temporary Permit to Register ( Incomplete paperwork) $125.00  
Traffic Violations - Improper Parking $25.00  
Traffic Violations -No registration $15.00  
Traffic Violations - Tow zone $50.00  
Transcript Fee $10.00  
Vehicle Registration - 12 months $150.00  
Vehicle Registration - Add’l Decal $10.00  
Vehicle Registration - Spring/Summer $100.00  
Vehicle Registration - Summer Only $50.00  

Table III- Course Fees

Applied Music Fee (per course regardless of hours) $125.00  
Applied Music Fee - Graduate $145.00  
Equestrian Course Fee $500.00  
Intensive English Book Fee $85.00  
Lab Fee - Biology (excluding BIO 307  Lab) $30.00  
Lab Fee -   $60.00  
Labe Fee -   $150.00  
Lab Fee - Chemistry $30.00  
Lab Fee - Computer Science $30.00  
Lab Fee - Physics/Engineering $30.00  
Lab Fee - Studio Art $25.00  
MAC Lab Fee $30.00  
Malpractice Insurance Kinesiology $25.00  
Malpractice Insurance Social Work $25.00  
Nursing Clinical Health Asseessment Fee $60.00  
Nursing Clinical I Fee $260.00  
Nursing Clinical II Fee $325.00  
Nursing Clinical III/IV Fee $390.00  
Nursing HESI Test $100.00  
Nursing Malpractice Insurance $25.00  
Nursing Name Badge $15.00  
Nursing NCLEX Review Fee $370.00  
Nursing NLN Exam Fee $20.00  
Nursing SNA Dues - Partial Year $30.00  
Nursing Student Nurses Assn Dues $68.00  
Online Course Fee $50.00  
Spreadsheet Proficiency Exam Fee $15.00  
Writing Proficiency Exam Fee $60.00  

Tuition Refund Policies

Refund of Tuition on Courses Dropped

  For courses dropped during Fall and Spring: Refund Credit:  
  1st week 100%  
  2nd week 0%  
       
  For courses dropped during Summer Terms: Refund Credit:  
  Registration day and the next day 100%  
  3rd day of the term 0%  
       
  For courses dropped during 10 week Summer Terms: Refund Credit:  
  Registration day thru 3rd day of the term 100%  
  4th day of the term 0%  

Refund on Withdrawal from Mississippi College - A student desiring to withdraw from the University should go to the Business Office and process a withdrawal form. It is necessary for the correct procedure to be followed. Failure to process an official withdrawal earns a grade of F in each course. Deadlines for withdrawal are the same as those for dropping courses. Any claims for refunds of tuition will be based on the date on which the student files a completed withdrawal form with the Business Office.

Refund of Tuition upon Withdrawal - Note that in counting deadlines (for changes of schedule, refunds, etc.) the first week of the semester is the calendar week in which registration begins. Registration fees are not refundable.  

  For withdrawal during Fall and Spring: Refund Credit:  
  1st week 100%  
  2nd week 75%  
  3rd week 50%  
  4th week 25%  
  5th week 0%  
       
  For withdrawal during Summer Terms: Refund Credit:  
  Registration day and the next day 100%  
  3rd day 75%  
  4th day 50%  
  5th day 25%  
  6th day 0%  
       
  For withdrawal during 10 week Summer Terms: Refund Credit:  
  Registration day thru 3rd day of 1st summer term 100%  
  4th and 5th days of 1st summer term 75%  
  6th and 7th days of 1st summer term 50%  
  8th and 9th days of 1st summer term 25%  
  10th day of 1st summer term 0%  

Refund of On-Campus Living Expenses

On-campus living expenses will be refunded at the following rate should a student withdraw from school or cease to be a resident student:

  Month that classes begin (August, January) 25%  
  Second month after classes begin (September, February) 15%  
  Third month after classes begin (October, March) 10%  

A student withdrawing from Mississippi College will surrender their ID card to the Office of Residence Life at the time the withdrawal papers are processed.

Refund of Other Fees

All registration special and course fees are not refundable upon withdrawal.

Refunds/Return of Title IV Funds

When a student withdraws from classes, he/she may be entitled to receive money back which had been paid to the University. The University may be able to refund all or a portion of the tuition, fees, etc., the student paid. If the tuition, fees, etc., were paid with Title IV financial aid, all or a portion of the student’s refund must be returned to the student aid programs from which the money was awarded. A student who receives a cash disbursement to assist with living expenses withdraws, may be required to return money to the aid programs from which the money was awarded.

Federal regulations require Mississippi College to have a fair and equitable refund policy. If a recipient of Title IV aid withdraws during a period of enrollment, Mississippi College must calculate the amount of Title IV aid the student did not earn. The percentage of aid earned is equal to the percentage of time completed. Unearned Title IV funds must be returned to the Title IV programs.

If a student withdraws on or before the 60% point of enrollment, the percentage of aid earned is equal to the percentage of time completed. If a student remains enrolled beyond the 60% point of enrollment period, 100% of the aid has been earned for that period.

All unearned Title IV funds must be returned to the Title IV programs. If Title IV aid was used to pay institutional charges first, the University will return unearned Title IV funds up to an amount that is equal to the amount disbursed to the U.S. Department of Education.

Funds are returned in the following order up to the full amount disbursed: 

  1. Federal Unsubsidized Direct Loan,
  2. Federal Subsidized Direct Loan,
  3. Federal Perkins Loan,
  4. Federal PLUS Loan,
  5. Federal Pell Grants,
  6. FSEOG, and/or
  7. Other assistance under TITLE IV.

Financial Assistance

All matters concerning financial aid are under the direction of the Committee for Enrollment Appeals, composed of administrators, faculty, staff and students. This committee establishes policies regarding financial aid. The amount of aid awarded a student is based on either scholarship or financial need. Aid is offered under the categories described below.

Institutional Scholarships

 A limited number of institutional scholarships are available for which a student may apply. The scholarships are intended to recognize the student’s outstanding academic achievement, service in the community and leadership skills. A complete listing of those scholarships and requirements are listed in the admission packet. The total amount of institutional scholarships from all sources cannot exceed $9,000. Beginning in 2013 a new scholarship matrix will be used for new incoming students. The scholarships are awarded based on a student’s ACT score for freshmen and GPA for transfers. New students could possibly get additional aid by completing the Free Application for Federal Student Aid. These awards are based on the student’s EFC. A student may not exceed $2000.00. New students may be eligible for stackable scholarships. These scholarships may not exceed $2000.00. Once a new student is awarded, this award will be theirs for the time at Mississippi College.   Students must be enrolled full-time in order to receive institutional scholarships. (An exception to this rule is made if the student is in their final semester.) Students receiving tuition remission are not eligible to receive the Early Decision Scholarship. All institutional scholarships will be reduced by 50 percent for students who choose to live at home unless otherwise noted. Students who are under 21 years of age must live in a residence hall or at home with their parents. Students 21 years of age or older may elect to live off campus and not with parents. Those students electing to live off campus will lose all institutional scholarships. Scholarships cannot be used during the summer terms. Should a student have more scholarships and aid than the total of their direct costs, up to $500 will be refunded to the student each semester.

 

Renewal Requirement for Institutional Scholarships

Students must sign a scholarship acceptance letter. The letter contains the type and amount of scholarship awarded and the condition for scholarship renewal. Scholarships are renewed annually if the student meets the condition as outlined in their letter of acceptance.

Students must maintain a GPA of 3.0 for the following scholarships:

  New Trustee Scholarship New Presidential with Distinction  

Students must maintain a 2.5 GPA for the following academic scholarships.

  Heritage Scholarship
Dean’s Scholarship
Presidential Scholarship
Presidential Scholarship with Distinction
Trustee Scholarship
Transfer Heritage Scholarship
Transfer Dean’s Scholarship
Transfer Presidential Scholarship
Phi Theta Kappa Scholarships
 

Students must maintain a 2.0 GPA for the following scholarships.

  Leadership Scholarship
Christian Ministry Scholarship
Christian Ministry Dependent Scholarship
Financial Need Scholarship
Baptist Student Union Scholarship
Institutional Scholarship
Jazz Band Scholarship
Music Scholarship
Hillman Scholarship
Bible Drill Scholarship
Church Matching Scholarship
Academic Competition Scholarship
Speaker’s Tournament Scholarship
Institutional Need Grant
Band Scholarship
Math and Science Scholarship
Chamber Choir Scholarship
 

Scholarship recipients who fall below the required GPA will be placed on probation for the next semester enrolled. If after the probationary semester the student’s cumulative GPA is not restored to the required level, the student will be placed on scholarship suspension and will lose the scholarship immediately. If after the probationary semester the student’s cumulative GPA is not restored to the required level, but the student makes the required GPA for the probationary semester, then the student will be allowed a second probationary semester. If after the second probationary semester the cumulative GPA is not restored to the required level, then the scholarships would be suspended. The scholarship will be re-instated when the cumulative GPA meets or exceeds the minimum requirement. Notification of all actions will be sent to the student in writing.

Institutional scholarships recipients are expected to demonstrate good character in all aspects of their lives. Students who engage in serious misconduct may lose part or all of their scholarship support. The imposition of disciplinary action sanctioned through the student disciplinary process could also include loss of scholarship support. Students can receive scholarship for their first undergraduate degree only. Once degree requirements are met for the first undergraduate degree, the student is no longer eligible to receive institutional scholarships. Students who choose to enter college before graduation from high school upon completion of their junior year are not eligible for any institutional scholarships.

State Scholarships and Grants

The following scholarships and grants are available to residents of Mississippi:

Mississippi Tuition Assistance Grant
Mississippi Eminent Scholars Grant
HELP (Higher Education Legislative Plan for Needy Students)

Students pursuing a program of study leading to a “Class A” educator license may apply for the following:

Critical Needs Teacher Loan/Scholarship Program

Nursing Education Loan Scholarship Program (NELS) available to junior, senior and graduate students who are pursing a baccalaureate or higher degree in nursing.

Application procedure and eligibility information about these programs may be obtained from the Mississippi Office of State Student Financial Aid at 1.800.327.2980. This information is also available on the State Financial Aid website at www.ihl.state.ms.us/financialaid/default.asp.

Federal Student Aid

Students wishing to be awarded federal student aid must complete the Free Application for Federal Student Aid (FAFSA). To receive priority consideration for campus-based federal student aid the application must be received by the central processor by March 1, with Mississippi College being designated as a recipient of FAFSA data. Applications received after this date will be given consideration depending on the availability of funds. Campus-based programs for which a student may be awarded include: Federal Work Study Program (FWS), Federal Perkins Loan Program, and the Federal Supplemental Educational Opportunity Grant (FSEOG).

In addition, awards may include the Federal Pell Grant and the Direct Student Loan. Parents of undergraduate students may apply for the Parent Loan for Undergraduate Student (PLUS), and TEACH Grant.

The FAFSA may be obtained from the Mississippi College Office of Enrollment Services or from the high school guidance counselor. The FAFSA may also be completed on the Internet at www.fafsa.ed.gov.

Student Employment

Students who desire to work on campus should contact the Office of Career Services at (601) 925-3901. Due to the limited number of jobs on campus, campus employment cannot be guaranteed.

More detailed information about financial aid is available upon request from the Office of Enrollment Services at (601) 925-3212; toll free: (800) 738-1346.

Receiving and Maintaining Financial Assistance

Students on academic probation will be eligible to receive financial assistance for the first semester on academic probation, and they will be eligible to receive financial assistance for the second semester provided substantial academic progress was made during the first semester of probation. Students will be ineligible to receive institutional financial assistance during the first semester back in school following academic suspension, if the student is allowed to re-enroll.

Students who are denied financial assistance due to unsatisfactory academic progress have the right to appeal the denial. Students should place in writing the request to appeal to the Committee for Enrollment Appeals. (Contact the Director of Financial Aid, Telephone: 601.925.3212.) The full satisfactory academic progress policy can be found in The Tomahawk and in the Mississippi College Policy and Procedure Manual.