The Price of Poker just went up: MC offering full tuition scholarships to all students who are Mississippi residents...
- Thread starter Maroon Eagle
- Start date
Clinton is relatively safe, has drinkable water, and garbage pick-up.
MC about to start dominating some DIII (or NAIA?) sports.
That really is pretty incredible. I would love to know what it takes to endow a program like that.
Just some rough numbers. If they are looking at having 4,000 instate students (their enrollment is 5k now; guessing it's more than 20% out of state but it may not be after this program gets going) and have an average of $10k per student to cover after federal and state and other grants are applied (annual tuition is I think ~$19k, so assuming other grants cover about 47% of tuition), that's a $40,000,000 a year tab, which can be covered indefinitely with, what, a $1B endowment?
That really is pretty incredible. I would love to know what it takes to endow a program like that.
Just some rough numbers. If they are looking at having 4,000 instate students (their enrollment is 5k now; guessing it's more than 20% out of state but it may not be after this program gets going) and have an average of $10k per student to cover after federal and state and other grants are applied (annual tuition is I think ~$19k, so assuming other grants cover about 47% of tuition), that's a $40,000,000 a year tab, which can be covered indefinitely with, what, a $1B endowment?
Between the upcoming growth of the school and refugees from Jackson seeking the aforementioned first world amenities, now would be a good time to invest in Clinton real estate.
MC is back in the D2 Gulf South Conference.
To receive the Speed Scholarship:
- Be a resident of Mississippi.
- Be admitted to MC by December 1, 2022.
- Pay the housing fee by January 23, 2023.
- Live on campus in an MC residence hall.
- Fill out the federal and state aid applications.
didn't think that jeebus be "sensitive content" for Tweeters
maybe it was the bowtie choice dude was wearing. damb, i hope i donut hafta do the sensitivity training course again
Must live on campus and pay for food ticket. They're also going to include a required athletics pass. I don't know the exact figure but it's going to be close to $12-$15K is rumor. School might be free, but it's still going to be expensive.
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If I'm reading that correctly, it doesn't cover the cost of a dorm. The scholarship requires you to live in a dorm.
MC dorms are $3700-3000 per semester with a roommate.
regardless that's a very nice perk that will give them an advantage but not a game changer.
MC dorms are $3700-3000 per semester with a roommate.
regardless that's a very nice perk that will give them an advantage but not a game changer.
Not quite as good as Vanderbilt's Opportunity Fund which gives them virtually unlimited resources for baseball.
How is this even possible? MCs endowment is less than $100 mill. They currently have around 1420 instate students. Thats around $28 mill annually for just tuition. For a 5% drawdown you would need over $500 million. And that’s assuming your instate numbers stay the same. And in theory that number would shoot up bc of the scholarship.
I would like to congratulate my children on attending Mississippi College.
But in order to get the scholarship you have to attend college at MC...
Sounds like that Spirit Airlines ticket before they charge you each way for a carry on.
I've already told my kids I'm not saving for their college. If telling them they are going to MC unless they get a full ride somewhere else doesn't motivate them, I don't know what will.But in order to get the scholarship you have to attend college at MC...
The story as I heard it is that MC isn't currently utilizing a significant portion of their on campus housing capacity. The scholarship recipient has to live on campus for 8 semesters. They are going to offset some tuition losses with revenue gains from currently idle housing capacity. This is still a tremendous opportunity for Mississippi kids financed with a huge gift.
That is pretty in line on dorms. https://www.housing.msstate.edu/residence-halls/costs/
Meal plans at state:
- On-campus dining plans for 2022-23: $3,226 for Silver, $3,376 for Gold, $3,526 for Platinum
Not sure what MC's meal plan is like, but it still seems like a game changer to me. At least for the people that would consider MC at all.
$12k a year isn't nothing, but we claim the cost of housing and dining is almost $11k. https://www.admissions.msstate.edu/about/cost-of-attendance.
If you're not living at home, what's the minimum amount you're going to be able to spend on rent and utilities for a decent place? Even with roommates and in relatively low cost MS, it's going to be $500 a month for anything decent I assume? And that may not get anything decent in a lot of places. So for 9 months, that's $4,500 of the cost right there that you are going to have to spend unless you are living with your parents. Spending $10 a day on food gets you to $2,730 over 9 months. So it starts to look pretty cheap if you are comparing it to a pretty meager budget of what you would spend to get housing and food for 9 months.
mixed emoshuns....................like my MIL going off a cliff in my brand new ford f150 limitiedBut in order to get the scholarship you have to attend college at MC...
That’s less than $850/month with water, electricity and internet included.
not terrible
So basically a Airbnb and meal ticket Ponzi scheme 
It's a way to keep MC alive and profitable
It's a way to keep MC alive and profitable
So if you have to live on campus for 8 semesters, if after 7 you decide to transfer or move off campus, do u have to pay back 7 semesters worth of tuition?
Exactly, I went to MC my freshman year to play football. Football was great, but the school was awful.But in order to get the scholarship you have to attend college at MC...
There was a mandatory freshman meeting one day in which the dean and several other higher ups spoke to the whole freshman class and chastised the freshman girls for wearing shorts that were too short. I knew at that point, I had to leave and attend a real college. One of the best decisions ever.
A girl I knew at State had started at MC and transferred. She said she had never lied, cheated, and snuck around so much in her life as she did at MC. Basically same story as you except she was one of the girls getting chastised and she didn't play football.
Here's a geezer moment. Back in my day I paid $400 a semester for tuition & dorm fees at State in the mid 70's. Books cost about $100 per semester. Of course starting salaries for students right out of college were around $11-14k for accounting majors to put things in perspective.
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Had a girlfriend at MC back in the day. No boys in the dorm. I was her "brother" and helping her move furniture around so i was admitted.
I’m still surprised there are enough kids out there to fill up the enrollments at places like MC. I don’t know anyone who goes there that isn’t on scholarship.
I guess Liberty is the same way. I left that sub-sect of society long ago. Guess I forgot how weird it was. Devils juice n stuff.
Theoretically, wouldn't it be capped at the number of dorm rooms (times 2) available since they have to live on campus?
I'm not sure how many dorm rooms they have.
I have relatives that have gone there and as far as I can tell, it was because the parents thought there was less heathen like activity.
Even with all the rule breaking and sneaking around, I would assume there is at least a little less pressure for girls to slut it up since there are at least some restraints on the on-campus competition. And I can see why that would be enticing to girls that are tired of trying to date in a market where they don't want to have sex but plenty of other girls do.
Not sure how they fill out the male population. I assume it's 99.9% scholarship and athletes?
It is worth saying that I think its amazing that a college/university is providing tuition at no cost. That is huge and can have a generational impact, especially when you consider that only 21% of Mississippians over 25 years old have a college degree.
Tuition at no cost can only help move the state towards this goal- https://mississippitoday.org/2022/11/04/mississippi-workforce-college-degree/
Now with that said, I have no idea how MC is still around. Why on earth is that place appealing?
- the average ACT is 24. It isnt some academically impressive place.
- they managed to opt out of Title9 so they can legally discriminate.
For those who need a small college experience, there are less repressive colleges and more academically prestigious colleges.
To each their own and all, but some things just remain confusing.
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