University of Mississippi
University, MS 38677-1848 — Public
Value Score: 75/100 | ROI Score: 30 | Affordability Score: 90/100
Tuition (In-State): $9,772 | Out-of-State: $28,600
Acceptance Rate: 96.6% | Graduation Rate: 70.1% | Retention Rate: 87.2%
Median Earnings (10yr): $50,994 | Median Debt: $20,000
SAT Average: 1184 | ACT Midpoint: 25
Student Body Size: 21,473 (large)
Pell Grant Recipients: 21.7% | Federal Loan Rate: 37.2%
Average Faculty Salary: $10,330/month
Tuition & Affordability Analysis
In-state tuition at University of Mississippi is $9,772 per year, which is 11% below the national average for public institutions.
Out-of-state students pay $28,600/year — a premium of $18,828 over in-state rates. Over four years, out-of-state students pay approximately $75,312 more than their in-state peers.
Estimated four-year tuition cost: $39,088 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at University of Mississippi:
- Families earning $0–$30,000: $8,945/year
- Families earning $30,001–$48,000: $9,217/year
- Families earning $48,001–$75,000: $14,794/year
- Families earning $75,001–$110,000: $18,573/year
- Families earning $110,000+: $21,313/year
Low-income families receive an average discount of $827/year, paying just 92% of the sticker price.
Admissions Snapshot
University of Mississippi has an acceptance rate of 96.6%, placing it in the Open Admission (85%+) category. This means roughly 5,558 students apply each year.
University of Mississippi accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The average SAT score of admitted students is 1184, 12% above the national average. This is within the mid-range nationally.
The ACT midpoint is 25, 19% above the national average.
Graduate Outcomes & Return on Investment
70.1% of students at University of Mississippi complete their degree, 13% above the national average. This is a solid graduation rate.
First-year retention rate: 87.2% (8% above the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of University of Mississippi earn a median salary of $50,994 ten years after enrollment, 25% above the national average. This represents a $15,994/year earnings premium over the average high school diploma holder, or $479,820 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $20,000, 7% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $217/month, with a total repayment of $26,040 (including $6,040 in interest).
Debt-to-Earnings Ratio: 0.39x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from University of Mississippi pays for itself in approximately 3 years. This is an excellent return on investment.
Financial Aid Profile
21.7% of students at University of Mississippi receive Pell Grants (federal need-based aid for families earning under ~$60,000), 34% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
37.2% of students take federal loans, 21% below the national average. This is a moderate borrowing rate.
Average faculty salary: $10,330/month, 18% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
University of Mississippi enrolls 21,473 undergraduate students. As a major university, University of Mississippi offers extensive resources, hundreds of student organizations, Division I athletics, and a vast alumni network.
Diversity Index: 38/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 78%, Hispanic 6%, Black 10%, Asian 2%.
University of Mississippi: Large Public Institution with High Affordability and Moderate Earnings Potential
- Ole Miss: Big Value, Big Opportunities in the Heart of the South
- From the Grove to the Global Market: Unlocking Your Career Potential at Ole Miss
- More Than a Degree: Experience the Ole Miss Difference and Launch Your Future
Report Card: Overall Grade C+
University of Mississippi receives an overall grade of C+ based on six dimensions:
- Academics: C
- Value: C
- Outcomes: C+
- Affordability: B
College Analysis
University of Mississippi is a Public institution in University, MS with approximately 21,473 students. Academics: Large public university with a high admission rate, indicating a broad acceptance. Value: High affordability with a strong ROI, despite moderate earnings potential. Outcomes: Graduates have a decent 10-year earnings potential but lower than some peer institutions. Observations: High white student population, low Asian representation, and a high in-state tuition rate. Observations: Strong local economy in Oxford, MS, which may influence student success.
The Verdict: Is University of Mississippi Worth It?
The University of Mississippi presents a compelling value proposition, especially for in-state students. With an in-state tuition of $9,772 and a median 10-year earning potential of $50,994, the return on investment (ROI) is quite favorable. The median debt of $20,000 is also relatively low, suggesting that graduates can likely manage their loan obligations effectively. Based on these figures, it takes approximately 3-4 years for a graduate earning the median salary to pay off their debt, assuming a reasonable portion of their income is allocated to repayment. The ROI score of 30 further supports its standing as a solid investment. For out-of-state students, the higher tuition significantly impacts the ROI, making it a less clear-cut financial decision, though still potentially worthwhile depending on the specific program and career outcomes. Overall, for Mississippi residents, Ole Miss appears to be a good deal, offering a quality education with manageable debt and a reasonable path to financial recovery. For out-of-state students, it's a solid option but requires careful consideration of the increased cost.
Return on Investment
Despite the high cost of living in Oxford, MS, the University of Mississippi offers a strong ROI, making it a worthwhile investment for students.
Debt Reality Check
Median student debt at University of Mississippi: $20,000. Monthly payment on a standard 10-year plan: $227/month. Total repaid: $27,240 ($7,240 in interest).
Breakeven vs high school diploma: 1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $27,240.
Strengths
- High affordability and strong ROI
- Strong local economy
Weaknesses
- Moderate earnings potential compared to peers
- High median debt
Academic Profile
SAT Average: 1184. ACT Midpoint: 25. Retention Rate: 87.2%.
The University of Mississippi, or Ole Miss, offers a broad range of academic programs with particular strengths in areas like business, pharmacy, law, and journalism. The School of Business Administration is highly regarded, offering specialized tracks and strong internship connections. The School of Pharmacy consistently ranks among the top programs nationally, preparing students for successful careers in healthcare. For aspiring journalists and communicators, the Meek School of Journalism and New Media provides cutting-edge training and hands-on experience. Research opportunities are available across disciplines, with faculty actively engaged in various fields. While specific faculty salary data isn't readily available, the university emphasizes faculty mentorship, and the student-faculty ratio, while not provided, is generally conducive to personalized attention, especially in smaller upper-level courses. The Sally McDonnell Barksdale Honors College offers a challenging and enriching academic experience for high-achieving students, with smaller class sizes, dedicated faculty, and opportunities for independent research. Study abroad programs are accessible, allowing students to gain global perspectives. Academic support is robust, with resources like the University Writing Center, tutoring services, and academic advising available to help students navigate their coursework and achieve their academic goals.
Financial Aid Guide for University of Mississippi
Pell Grant recipients: 21.7%. Students taking federal loans: 37.2%.
Navigating financial aid at the University of Mississippi involves understanding both merit-based and need-based opportunities. Ole Miss offers a variety of scholarships, many of which are merit-based, awarded automatically or through application based on academic achievement (GPA, test scores). For instance, the Academic Excellence Scholarship can provide significant aid for high-achieving students. Need-based aid, primarily through federal programs like Pell Grants and state aid, is also crucial. Students must complete the FAFSA to be considered for these awards. Work-study opportunities are available, allowing students to earn money through part-time campus jobs. Typical aid packages can vary widely. For students from lower-income households (e.g., under $40,000 annual income), a combination of grants, scholarships, and potentially federal loans might cover a substantial portion of the tuition and living expenses. For middle-income families, merit scholarships often play a larger role in reducing the out-of-state tuition burden. Scholarship tips include applying early, researching departmental scholarships, and looking for external scholarships. Negotiating aid at Ole Miss is generally not as common or as effective as at highly selective private institutions, as their scholarship programs are often formulaic. However, if you have a significantly better offer from a comparable institution or a documented change in financial circumstances, a conversation with the financial aid office might be warranted, though success is not guaranteed.
Hidden Costs at University of Mississippi
- Room and Board: On-campus housing and meal plans can range from $9,000 to $15,000 annually, depending on the dorm and meal plan selected.
- Textbooks and Supplies: Budget approximately $1,000 to $1,500 per year for required course materials.
- Transportation: If you plan to commute or travel home frequently, factor in gas, car maintenance, or bus/plane tickets, potentially adding $500-$2,000+ annually.
- Parking Permits: For students who bring cars to campus, parking permits can cost between $100 and $300 per academic year.
- Student Fees: Beyond tuition, expect to pay around $1,000-$1,500 annually in mandatory student fees for services and facilities.
- Personal Expenses: This includes toiletries, laundry, entertainment, and other daily necessities, which can easily add up to $1,500-$3,000 per year.
- Health Insurance: While students can often use parental insurance, if required to enroll in the university's plan, it could cost upwards of $2,000-$3,000 annually.
Alumni Outcomes & Career Paths
Graduates from the University of Mississippi (Ole Miss) find diverse career paths, with a significant portion entering industries like healthcare, education, finance, and manufacturing. Major employers that actively recruit Ole Miss talent include large corporations such as FedEx, Nissan North America, and BancorpSouth (now Cadence Bank), particularly for business, engineering, and supply chain roles. The healthcare sector also presents strong opportunities, with hospitals like Baptist Memorial Health Care and North Mississippi Health Services frequently hiring nursing, allied health, and administrative graduates. Alumni often cluster in the Southeast, with a notable presence in Mississippi, Tennessee, Alabama, and Arkansas. For those pursuing advanced studies, Ole Miss reports solid graduate school placement rates, though specific data varies by program. Notable alumni span various fields, including business leaders like Jim Barksdale (former CEO of Netscape), entertainment figures like Kathie Lee Gifford, and numerous professional athletes. The university's Career Center offers robust support, including resume workshops, career fairs, and mock interviews, aiming to connect students with internship and job opportunities. Internship pipelines are well-established with companies like Entergy, BancorpSouth, and various state government agencies, providing crucial hands-on experience. Geographic hiring patterns show a strong tendency for graduates to remain in the South, though opportunities exist nationwide, especially for those with in-demand skills in STEM and business fields.
Campus Life & Culture at University of Mississippi
The student body at Ole Miss is predominantly from Mississippi, with a significant influx of students from neighboring Southern states and a growing national presence. The university fosters a spirited, community-oriented atmosphere where students who embrace Southern traditions and enjoy a lively social scene tend to thrive. While diversity is increasing, the student body largely reflects the cultural landscape of the Deep South.
Ole Miss, as it's affectionately known, offers a quintessential Southern college experience steeped in tradition and vibrant social life. The campus itself is a picturesque Southern Gothic dream, with its iconic Grove – a sprawling, oak-shaded lawn where students and alumni gather for pre-game festivities – serving as the heart of campus. Surrounding the Grove are the historic academic buildings, creating a beautiful and walkable environment. Student life is heavily influenced by Greek life, with a robust presence of fraternities and sororities that play a significant role in social events and campus traditions. Beyond Greek life, there's a diverse array of over 300 student organizations, from the RebelTHON dance marathon to the Ole Miss Outdoors Club, ensuring there's a niche for everyone. Housing options range from traditional dorms on campus, like the popular Residential Colleges, to off-campus apartments in the surrounding University town. Many students opt to live within walking distance or a short drive of campus, fostering a strong sense of community. The dining scene includes various campus dining halls and retail locations, with meal plans offering flexibility. Athletics are a massive part of the culture, with passionate support for the Rebels football, basketball, and baseball teams. Game days, especially in the fall, are legendary, transforming the campus into a sea of red and blue. The overall vibe is one of spirited camaraderie, Southern hospitality, and a deep pride in the university's heritage, all set against a backdrop of academic pursuit.
Campus Highlights
- The Grove: A legendary 10-acre lawn central to Ole Miss's social and game-day traditions.
- Vaught-Hemingway Stadium: Home to the Rebels football team, known for its electric atmosphere on game days.
- Rowan Oak: The historic home of Nobel Prize-winning author William Faulkner, offering a glimpse into literary history.
- The Lyceum: The iconic, Greek-revival main administration building, a symbol of the university.
- Ole Miss Traditions: From 'Hotty Toddy' cheers to the Walk of Champions, the university boasts a rich tapestry of unique traditions.
- Southern Charm: The campus exudes a classic Southern aesthetic with its antebellum architecture and mature oak trees.
- Vibrant Greek Life: A significant social and organizational hub for many students.
Location & Regional Advantages
The University of Mississippi's location in Oxford, Mississippi, offers a unique blend of small-town charm and strategic proximity to larger economic centers. Oxford itself boasts a vibrant cultural scene, driven by the university, and offers a relatively low cost of living compared to national averages, making student expenses more manageable. While Oxford isn't a major industrial hub, its location provides reasonable access to larger cities like Memphis, Tennessee (about an hour away), which serves as a significant logistics and distribution center for companies like FedEx and International Paper. Birmingham, Alabama, and Jackson, Mississippi, are also within a few hours' drive, offering broader job markets in sectors like healthcare, finance, and manufacturing. This proximity allows Ole Miss students to pursue internships and job opportunities in these larger cities while enjoying the more affordable and focused academic environment of Oxford. The weather is typical of the Deep South – hot and humid summers with mild winters. Safety in Oxford is generally good, particularly around the university campus. The geographic advantage lies in Ole Miss's ability to offer a more affordable educational experience while still providing access to regional employment opportunities, particularly in sectors that have a strong presence in the Southeast.
How to Get Into University of Mississippi
The University of Mississippi, with its 96.6% admission rate, is considered a less selective institution, meaning the application strategy should focus on presenting a well-rounded profile and demonstrating genuine interest. While Ole Miss does not offer Early Decision (ED), it does have an Early Action (EA) option, which allows applicants to apply early and receive a decision sooner, though it is non-binding. The admissions office values a strong academic record, including a solid GPA and challenging coursework (AP, IB, dual enrollment). While specific test score ranges are not provided, aiming for scores above the state average for ACT would be beneficial if submitting. Essays are an important component; focus on personal experiences that showcase your character, resilience, or unique perspectives. Topics that highlight your connection to Mississippi, your leadership potential, or how you've overcome challenges tend to resonate. Demonstrated interest is not heavily emphasized, but engaging with the university through campus visits (virtual or in-person), attending information sessions, and connecting with admissions counselors can still be advantageous. The timeline recommendation is to apply by the EA deadline (typically November 1st) to maximize scholarship consideration and receive an earlier decision. For regular admission, aim to submit your application well before the March 1st deadline.
How University of Mississippi Compares to Similar Schools
Similar schools: Mississippi State University, Auburn University, University of Alabama, Louisiana State University
Advantages
- Stronger presence in certain liberal arts and business programs.
- Vibrant college town atmosphere in Oxford, often preferred by students seeking a traditional campus experience.
- Potentially lower cost of living in Oxford compared to larger university cities.
Disadvantages
- Lower overall national rankings compared to some flagship SEC peers.
- Fewer direct connections to major national corporate headquarters compared to larger state universities.
- Geographic isolation from major tech or finance hubs.
Best For
- Students seeking a diverse student body may prefer more inclusive institutions.
- Prospective students interested in high-earning careers may want to consider more competitive institutions.
Avoid If
- Students looking for a lower-cost education with a strong ROI should consider the University of Mississippi.
- Students with a high tolerance for debt may find the University of Mississippi a good fit.
Frequently Asked Questions about University of Mississippi
How much does it cost to attend University of Mississippi?
In-state tuition at University of Mississippi is $9,772 per year, and out-of-state tuition is $28,600 per year. The median student debt at graduation is $20,000.
What is the acceptance rate at University of Mississippi?
University of Mississippi has an acceptance rate of 96.6%.
What is the graduation rate at University of Mississippi?
University of Mississippi has a graduation rate of 70.1%.
How much do University of Mississippi graduates earn?
The median earnings for University of Mississippi graduates 10 years after enrollment is $50,994. With median debt of $20,000, graduates earn roughly 2.5x their debt level annually.
How big is University of Mississippi?
University of Mississippi has approximately 21,473 students and is classified as a large institution. It is located in University, MS and is a Public institution.
Is University of Mississippi worth the cost?
University of Mississippi has an ROI score of 30 out of 100. With in-state tuition of $9,772 per year and median post-graduation earnings of $50,994, the data suggests the return on investment may be below average.
Where is University of Mississippi located?
University of Mississippi is located in University, MS. It is a Public institution with approximately 21,473 students.
How much student debt do University of Mississippi graduates have?
The median student debt for University of Mississippi graduates is $20,000. With median earnings of $50,994 ten years after enrollment, graduates can expect a debt-to-income ratio of 39%.
Is University of Mississippi a good college?
University of Mississippi has a graduation rate of 70.1% and median post-graduation earnings of $50,994. High white student population, low Asian representation
How does University of Mississippi compare to similar colleges?
Strong local economy in Oxford, MS Compared to peer institutions, University of Mississippi offers a more affordable education with a decent ROI, but graduates earn less than some competitors.
What career prospects do University of Mississippi graduates have?
Graduates of the University of Mississippi are well-prepared for careers in public service, education, and local business sectors.
What should prospective students know about University of Mississippi?
The University of Mississippi is well-positioned in the regional market, offering a balance of affordability and academic quality.
What makes University of Mississippi stand out?
High in-state tuition rate
What are the pros and cons of attending University of Mississippi?
Median debt above the national average
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.