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The University of Mississippi Online

Financial Aid

iStudy is not authorized to award any forms of student aid or scholarships. University of Mississippi students must check with the Office of Financial Aid to determine their eligibility.

Some types of federal financial aid, such as Pell Grant and federal student loans, and State of Mississippi financial aid, such as MESG or MTAG, allow iStudy semester-based courses to count towards fulfilling full-time status requirements. iStudy semester-based courses are different from iStudy full-year courses in that they must be completed within the semester and are only available when the semester registration window is open.

They are also different from traditional semester courses because of their flexibility. Although there are lesson submission rules and requirements to sit for exams, there are no due dates other than the course expiration date. The subject content is the same as its traditional version but, depending on the individual, procrastination can make the courses more difficult.

Please read this page carefully. Your current and future financial aid is dependent on understanding the rules so that you may successfully follow them.

Important facts about iStudy
semester-based courses


All UM students may enroll in semester-based iStudy courses and have the cost included in their full-time tuition. Students who expect to qualify for state financial aid are required to take 15 hours. Students not expecting to receive any type of financial aid may take 18 hours or less, and have their semester-based iStudy course(s) included in their standard fixed full-time tuition charge. These courses follow the semester calendar and all UM rules and policies of semester courses apply.

Students wanting extra time and flexibility may enroll in full-year iStudy courses at any time of the year. The cost for a full-year course is in addition to full-time tuition, and will not count towards the credit hours needed to qualify for most financial aid. No out-of-state tuition is charged for full-year courses. The rate for 2017-2018 is $1,023.75 per 3 credit course.

Office of Financial Aid Grading Outcomes for iStudy Courses

State Aid Outcomes
Mississippi Eminent Scholars Grant (MESG), Mississippi Tuition Assistance Grant (MTAG) Higher Education Legislative Plan for Needy Students (HELP). For complete list, visit:

If your aid has already disbursed:

If you are still waiting for your aid to disburse:

Federal Aid Outcomes
Pell Grant, Federal Direct Loans, Supplemental Educational Opportunity Grant (SEOG), Perkins Loan, TEACH grant

If your aid has already disbursed:

If you are still waiting for your aid to disburse:

Please refer to this department's Financial Aid Policy and the Financial Aid FAQs for more information.

For additional questions, please contact:
The Office of Financial Aid
P.O. Box 1848
257 Martindale Student Services Center
University, MS 38677-1848
Office Phone: 800-891-4596
Fax: 662-915-1164

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