Who Is Considered a First-Time Homebuyer in Mississippi?

A person who has never owned a home, or who hasn’t owned one in the last three years, qualifies. The U.S. Department of Housing and Urban Development (HUD) also considers the following people first-time homebuyers:

•   A single parent who has only owned a home with a partner while married

•   A displaced homemaker who has only owned a home with a spouse

•   Someone who has owned a principal residence not permanently affixed to a permanent foundation

•   Someone who has only owned a property that wasn’t in compliance with state, local, or model building codes

Recommended: First-Time Homebuyer Guide

3 Mississippi Programs for First-Time Homebuyers

Here are a few of the programs available to the first-time homebuyer in Mississippi. You’ll find some low-interest mortgage loans and down payment assistance options that you may qualify for.

1. MHC: Smart6

A 30-year fixed rate mortgage combined with a $6,000 (and 0% interest) second loan that you can use for your down payment or closing costs is offered through Smart6. Qualifying income and credit score numbers are set by lenders (though in most cases the buyer’s income cannot exceed $132,770) and the purchase price limit on the home is $398,310. The $6,000 second loan is due when the home is sold, the first loan is repaid, or the first loan matures. A similar program, Easy8, comes with an $8,000 second mortgage.

2. MHC: Trusty10

A 30-year fixed rate first mortgage combined with a $6,000, 15-year second mortgage with a 2.00% interest rate. The funds can be used for down payment or closing cost assistance. There are county-specific income guidelines and lender-determined credit score requirements for this second loan.

3. MHC: Housing Assistance for Teachers

If you’re a teacher working in an area where there is a shortage of educators in Mississippi, you may qualify for a special down payment loan. This program provides a 25- or 30-year fixed loan of up to $6,000.

To qualify, you must agree to serve as a teacher for three years in the designated district. And in this case, your loan can be forgiven. Also, you must provide at least 1% of the home’s sale price and one month’s reserves.

How to Apply to Mississippi Programs for First-Time Homebuyers

If you qualify for any of the programs for the first-time homebuyer in Mississippi, contact a participating lender to start your application process. Also, you can use this mortgage calculator to see how much your monthly payments might be.

Recommended: Understanding Mortgage Basics

Federal Programs for First-Time Homebuyers

Several federal government programs are designed for people who have low credit scores or limited cash for a down payment. Although most of these programs are available to repeat homeowners, like state programs, they can be especially helpful to people who are buying a first home or who haven’t owned a home in several years.

The mortgages are generally for single-family homes, two- to four-unit properties that will be owner occupied, approved condos, townhomes, planned unit developments, and some manufactured homes.

Federal Housing Administration (FHA) Loans

The FHA, which is part of the U.S. Department of Housing and Urban Development (HUD), insures mortgages for borrowers with lower credit scores. Homebuyers choose from a list of approved lenders that participate in the FHA loan program. Loans have competitive interest rates and require a down payment of 3.5% of the purchase price for borrowers, who typically need FICO^® credit scores of 580 or higher. Those with scores as low as 500 must put at least 10% down.

In addition to examining your credit score, lenders will look at your debt-to-income ratio (DTI, your monthly debt payments compared with your monthly gross income). FHA loans allow a DTI ratio of up to 57% in some cases, vs. a typical 45% maximum for a conventional loan.

Gift money for the down payment is allowed from certain donors and will be documented in a gift letter for the mortgage.

FHA loans always require mortgage insurance: a 1.75% upfront fee and annual premiums for the life of the loan, unless you make a down payment of at least 10%, which allows the removal of mortgage insurance after 11 years. For a $300,000 mortgage balance, upfront MIP would be around $5,250 and monthly MIP, at a rate of 0.55%, would be around $137. You can learn more about these loans, including FHA loans for refinance and rehab of properties, by reading up on FHA requirements, loan limits, and rates.

Freddie Mac Home Possible Mortgages

Very low- and low-income borrowers may make a 3% down payment on a Home Possible^®mortgage. These loans allow various sources for down payments, including co-borrowers, family gifts, employer assistance, secondary financing, and sweat equity.

The Home Possible mortgage is for buyers who have a credit score of at least 660.

Once you pay 20% of your loan, the Home Possible mortgage insurance will be canceled, which will lower your mortgage payments.

Fannie Mae HomeReady Mortgages

Fannie Mae HomeReady^® Mortgages allow down payments as low as 3% for low-income borrowers. Applicants generally need a credit score of at least 620; pricing may be better for credit scores of 680 and above. Like the Freddie Mac program, HomeReady loans allow flexibility for down payment financing, such as gifts and grants.

For income limits, a comparison to an FHA loan, and other information, go to this Fannie Mae site .

Fannie Mae Standard 97 LTV Loan

The conventional 97 LTV loan is for first-time homebuyers of any income level who have a credit score of at least 620 and meet debt-to-income criteria. The 97% loan-to-value mortgage requires 3% down. Borrowers can get down payment and closing cost assistance from third-party sources.

Unlike an FHA loan, the 97 LTV loan has no upfront mortgage insurance fee and does have cancellable mortgage insurance. The loan is for just one-unit single-family homes, co-ops, condos, and planned unit developments.

Department of Veterans Affairs (VA) Loans

Eligible active-duty members of the military, veterans, reservists, and surviving spouses may apply for loans backed by the Department of Veterans Affairs. If you think you might qualify, take time to learn what a VA loan is: It can be used to buy, build, or improve a home and has a lower interest rate than most other mortgages. It also doesn’t require a down payment. Most borrowers pay a one-time funding fee that can be rolled into the mortgage.

Another benefit of VA loans is that they do not require private mortgage insurance (PMI) for borrowers who make a down payment of less than 20%. And they have more flexible credit score requirements. In some cases, even those who have previously been in foreclosure or bankruptcy can qualify.

Borrowers applying for a VA loan will need a Certificate of Eligibility from the VA so make sure to review a guide to qualifying for a VA loan as a first step in the process.

Native American Veteran Direct Loans (NADLs)

Eligible Native American veterans and their spouses may use these no-down-payment loans to buy, improve, or build a home on federal trust land. Unlike VA loans listed above, the Department of Veterans Affairs is the mortgage lender on NADLs. The VA requires no mortgage insurance, but it does charge a funding fee. For more information, contact [email protected].

US Department of Agriculture (USDA) Loans

No down payment is required on these loans to moderate-income borrowers that are guaranteed by the USDA in specified rural areas. Borrowers pay an upfront guarantee fee and an annual fee that serves as mortgage insurance.

The USDA also directly issues loans to low- and very low-income people. For loan basics and income and property eligibility, head to this USDA site .

HUD Good Neighbor Next Door Program

This program helps police officers, firefighters, emergency medical technicians, and teachers qualify for mortgages in the areas they serve. Borrowers can receive 50% off a home in what HUD calls a “revitalization area.” They must live in the home for at least three years. Contact the Mississippi HUD office.

Mississippi Homebuyer Stats for 2025

•   Percentage of buyers nationwide who are first-time buyers: 24%

•   Median age of first-time homebuyers: 38

•   Median home price in Mississippi: $267,000

•   Median down payment for first-time homebuyer: 9%

•   Average credit score in Mississippi: 680

Not sure how much home you can afford? Use this home affordability calculator to find out.

Additional Financing Tips for First-Time Homebuyers

In addition to federal and state government-sponsored lending programs, there are other financial strategies that may help you become a homeowner. After reading up on how to choose a mortgage term, check out these tips on how to lower your mortgage payment:

•  Traditional IRA withdrawals. The IRS allows qualifying first-time homebuyers a one-time, penalty-free withdrawal of up to $10,000 from their IRA if the money is used to buy, build, or rebuild a home. The IRS considers anyone who has not owned a primary residence in the past two years a first-time homebuyer. You will still owe income tax on the IRA withdrawal. If you’re married and your spouse has an IRA, they may also make a penalty-free withdrawal of $10,000 to purchase a home. The downside, of course, is that large withdrawals may jeopardize your retirement savings.

•  Roth IRA withdrawals. Because Roth IRA contributions are made with after-tax money, the IRS allows tax- and penalty-free withdrawals of contributions for any reason as long as you’ve held the account for five years. You may also withdraw up to $10,000 in earnings from your Roth IRA without paying taxes or penalties if you are a qualifying first-time homebuyer and you have had the account for five years. With accounts held for less than five years, homebuyers will pay income tax on earnings withdrawn.

•  401(k) loans. If your employer allows borrowing from the 401(k) plan that it sponsors, you may consider taking a loan against the 401(k) account to help finance your home purchase. With most plans, you can borrow up to 50% of your 401(k) balance, up to $50,000 in a 12-month period, without incurring taxes or penalties. You pay interest on the loan, which is paid into your 401(k) account. You usually have to pay back the loan within five years, but if you’re using the money to buy a house, you may have up to 15 years to repay.

•  State and local down payment assistance programs. Usually offered at the regional or county level, these programs provide flexible second mortgages for first-time buyers looking into how to afford a down payment.

•  The mortgage credit certificate program. First-time homeowners and those who buy in targeted areas can claim a portion of their mortgage interest as a tax credit, up to $2,000. Any additional interest paid can still be used as an itemized deduction. To qualify for the credit, you must be a first-time homebuyer, live in the home, and meet income and purchase price requirements, which vary by state. If you refinance, the credit disappears, and if you sell the house before nine years, you may have to pay some of the tax credit back. There are fees associated with applying for and receiving the mortgage credit certificate that vary by state. Often the savings from the lifetime of the credit can outweigh these fees. Mississippi is among a dwindling number of states that still offers the credit; consult a tax advisor as tax policies change regularly.

•  Your employer. Your employer may offer access to lower-cost lenders and real estate agents in your area, as well as home buying education courses.

•  Your lender. Always ask your lender about any first-time homebuyer grant or down payment assistance programs available from government, nonprofit, and community organizations in your area.

The Takeaway

Homes in Mississippi are selling fast, but if you’re a first-time buyer in the state, you may be able to take advantage of programs that can offer you a low-interest mortgage and assistance with down payment and closing costs.

By Kelly Boyer Sagert

(Last Updated – 06/2025)

The University of Illinois Urbana-Champaign (UIUC) is a highly rated four-year public research university located in Champaign, Illinois. It’s the flagship of the University of Illinois system and offers degrees ranging from bachelor’s to doctoral.

Read on for insights into admissions requirements, the UIUC acceptance rate, fees for tuition and housing, popular majors, and much more.

Total Cost of Attendance

Founded in 1867, the university was ranked #9 as a public university in the 2024-25 U.S. News & World Report ratings. It has 59,000-plus students from all 50 states and more than 100 counties. The most recent freshman class, at 9,008, was the largest in the school’s history. Specialties at UIUC include research and the arts, with 27 Pulitzer Prizes awarded to the university’s graduates and faculty.

Although the cost of books and supplies and other expenses have remained the same since at least 2021-2022, there have been slight increases in in-state and out-of-state tuition costs over time.

Financial Aid

Application reviews at UIUC are “need blind,” which means the university doesn’t consider a student’s ability to pay when making acceptance decisions. This can help students who may find the tuition and other costs beyond financial reach. In addition, the university has an “Illinois Commitment,” which is the university’s promise to cover tuition and campus fees for Illinois residents with a family income of $75,000 or less as of Fall 2025.

During the 2024-25 academic year, 61% of full-time beginning undergraduates received some sort of financial aid. More specifically:

•  Grants or scholarship aid: 48% with an average of $17,524

•  Federal grants: 22% with an average of $5,623

•  Pell grants: 21% with an average of $5,482

•  Other federal: 10% with an average of $324

•  State or local grants/scholarships: 31% with an average amount of $7,583

•  Institutional grants and scholarships: 45% with an average amount of $10,783

•  Student loan aid: 30% with an average amount of $7,193

•  Federal student loans: 30% with an average of $4,972

•  Other student loans: 7% with an average of $9,855

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

Recommended: Scholarship Search – College Scholarships Finder Tool

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, or nonprofits. The different types include:

•  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

•  Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.

•  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  U.S. Department of Education – Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

In 2022-23, first-time undergraduates received 7% of their loan funding through “other” student loans, meaning not from federal sources.

Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

Using the 2024-25 University of Illinois Urbana-Champaign cost for on-campus students, the cost of four years at UIUC would be $136,904 for in-state students. For out-of-state students, it would be $213,384.

•  Total on-campus cost of attendance in state: $34,226

•  Total on-campus cost of attendance out of state: $53,346

Compare this to the national average cost of attendance of $28,840 for in-state college students and $46,730 for out-of-state attendees.

Here’s some Illinois Student Loan & Scholarship Information for you.

Undergraduate Tuition and Fees

University of Illinois Urbana-Champaign tuition in the academic year of 2024-25 was as follows:

•  University of Illinois Urbana-Champaign tuition and fees in-state: $16,004

•  University of Illinois Urbana-Champaign tuition and fees out-of-state: $35,124

•  Books: $1,200

Graduate Tuition and Fees

For the 2024-25 academic year, graduate tuition and fees averaged:

•  In-state: $15,986

•  Out-of-state: $31,114

The average graduate student in the U.S. pays $10,320 per year at a public university and $15,100 per year at a private nonprofit school. In comparison, the University of Illinois Urbana-Champaign tuition cost, in-state, for graduate students is higher than the national average.

Cost per Credit Hour

IUIC lists 2023-24 cost per credit hour ranging from $424 for in-state residents to $1,041 for nonresidents.

Campus Housing Expenses

The IUIC website lists 2024-2025 on-campus housing costs for undergraduates at $14,522, and other expenses as $2,500. That brings campus housing expenses to $17,022.

University of Illinois Urbana-Champaign Acceptance Rate

In fall 2022, there were 67,398 applicants, and 29,655 students were accepted, which makes the UIUC acceptance rate 44%.

Admission Requirements

UIUC has a test-optional policy. You don’t have to provide test scores to apply. You do, however, need to submit your high school record, a personal statement, and possibly proof of English proficiency.

SAT and ACT Scores

Test score policies are optional for first-year students, including international ones, homeschooled ones, and recruited student-athletes.

In Fall 2023, 47% of applicants submitted SAT scores while 18% submitted ACT scores. The 25th and 75th percentile figures are as follows:

Popular Majors at U of I Urbana-Champaign

The university offers more than 150 undergraduate areas of study. Some of the most popular degrees include the following.

1. Research and Experimental Psychology

IUIC offers undergraduates plenty of opportunities to participate in psych research. Hundreds of students are involved in research projects each semester.

Undergraduate degrees in 2023-24: 531

2. Computer Engineering

Students study computer science and engineering for this degree, and also take plenty of math and science courses to gain broad competencies.

Undergraduate degrees in 2023-24: 396

3. Accounting

The accounting program at UIUC has been ranked as the second best in the nation by U.S. News & World Report. In this program, the university prepares students to become business leaders.

Undergraduate degrees in 2023-24: 314

4. Computer Science

Students can pair their undergraduate computer science degree with these specialties: advertising, animal sciences, anthropology, astronomy, chemistry, crop sciences, economics, and education.

Undergraduate degrees in 2023-24: 311

5. Cellular and Molecular Biology

Students study a wide range of sciences while also gaining a strong foundation in math. Courses include molecular biology, microbiology, physiology, and more.

Undergraduate degrees in 2023-24: 288

6. Finance

Undergraduates receive education in finance theory along with the analytical tools they’ll need to have careers in financial management, banking/investments, insurance, real estate, and more.

Undergraduate degrees in 2023-24: 263

7. Agricultural Economics

Students learn the fundamentals of business and economics to apply them specifically to agricultural-related challenges along with those connected to energy, the environment, and consumer protection.

Undergraduate degrees in 2023-24: 254

8. Communications

This degree is part of a broad liberal arts perspective, allowing students to learn about effective communication, develop those skills, and learn how to help others.

Undergraduate degrees in 2023-24: 233

9. Mechanical Engineering

In this bachelor degree program, students master foundational skills to help them on their path to becoming mechanical engineers, which can involve design, building, and modernization of machinery.

Undergraduate degrees in 2023-24: 228

10. Political Science and Government

Students majoring in this degree gain a broad understanding of government, politics, and public policy.

Undergraduate degrees in 2023-24: 219

Graduation Rate

The graduation rate for Fall 2017 students earning bachelor degrees is:

•  6 years: 85%

Post-Graduation Median Earnings

Median earnings for UIUC grads are $69,000, which is a bit higher than the average of $68,516 for graduates of four-year colleges.

By Jennifer Calonia

(Last Updated – 06/2025)

Those seeking a research institution that offers strong programs in psychology, biology, business, and engineering, among others, may be interested in the University of Houston (UH). The institution’s national research centers are highly ranked, and the fact that the University of Houston ranks top 10 in the country for entrepreneurship will likely be appealing to business students.

Total Cost of Attendance

Here’s a closer look at what it costs to study at the University of Houston. Tuition in 2023-24 was $9,717 for in-state students, which is below the national average of $11,260. For students who live out of state, UH tuition was $22,547. This is below the national average of $29,150, making it a potentially affordable option.

Financial Aid

Many students get University of Houston financial aid. To help cover the University of Houston cost, 83% of students receive some type of financial aid. This UH financial aid may include grants, University of Houston scholarships, and loans.

Explore financial aid options: Texas Student Loan & Scholarships.

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

•  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

•  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  U.S. Department of Education – Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

•  Scholarship Search Tool

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

To help cover University of Houston tuition, 35% of students have federal student loans, typically in the amount of $4,971, and 5% have private student loans averaging $14,976.

Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The University of Houston cost over four years would be $111,044 for an in-state student, based on 2024-25 tuition and fees, room and board, books, and other expenses. This is just under the national average of $115,360. For those who are out-of-state residents, the four-year University of Houston cost would be $162,364. This is a chunk less than the national average of $186,920.

Here’s some Student Loan & Scholarship Information for you.

Undergraduate Tuition and Fees

In the 2024-25 school year, the cost of UH tuition and fees, and room and board for Texas residents was $20,951. Out-of-state students paid $33,781.

Graduate Tuition and Fees

*Does not include book costs, which are additional.

The cost for in-state residents pursuing a graduate degree was $9,019 for University of Houston tuition and fees in the 2024-25 academic year. Nonresident graduate students paid $18,199 for the same year. On average, the national average cost of a master’s degree program per year for a public school is $10,320 and $15,100 at a private nonprofit university.

There are many options for graduate loans that can help with these costs.

Cost per Credit Hour

In school year 2025-25, the cost per semester credit hour for liberal arts students (other studies’ costs may vary) who are Texas residents is $361.86 and $896.46 for nonresidents.

Campus Housing Expenses

At UH, freshmen are not required to live on campus. However, those who do wish to reside on campus can choose from nine residential options offered by the university.

Another option for all students is off-campus housing. Renting an apartment in the city of Houston averages $1,274 for a studio apartment, according to RentCafe. Just keep in mind that an off-campus lease agreement might require a 12-month commitment.

University of Houston Acceptance Rate

Along with the University of Houston ranking, prospective students will likely want to know about the school’s acceptance rate. With a rate of 70%, the school is moderately selective.

Admission Requirements

Students interested in attending UH must meet the following admissions requirements.

Required:

•  High school GPA

•  High school transcript

•  High school rank

•  Test of English as a Foreign language (TOEFL), if necessary

Recommended:

•  Letter of recommendation

•  Personal statement

•  Work experience, if applicable

SAT and ACT Scores

Standardized test scores, such as the SAT or ACT, are not required by the University of Houston. However, if test scores are provided, they will be considered. Approximately 51% of applicants submit their SAT scores and 7% submit their ACT scores. For reference, these are scores at the 25th and 75th percentile.

Popular Majors at University of Houston

Students attending the University of Houston can choose from 110 majors across the institution’s 16 academic colleges and schools. Below are the top majors.

1. Psychology

Students pursuing a degree in psychology study human cognitive processes throughout life, as well as research processes. The program prepares them to work in social services, business, and other roles within the public and private sectors.

Undergraduate degrees in 2023-24: 693

2. Finance

Finance majors can choose a standard track, which focuses on the theory and application of finance, or one of the four finance specialty tracks that focus on their preferred area of interest, from global energy management to real estate.

Undergraduate degrees in 2023-24: 381

3. Computer and Information Sciences

A bachelor’s in computer information systems is available through the university’s Sugar Land campus only. The program is accredited by the Computing Accreditation Commission of ABET, and teaches students a theoretical curriculum and how to apply that knowledge.

Undergraduate degrees in 2023-24: 350

4. Biology/Biological Sciences

To earn a Bachelor of Science, biology majors take core courses in subjects like chemistry and physics, as well as classes in cellular biology, biochemistry, and more.

Undergraduate degrees in 2023-24: 337

5. Management Information Systems

Students who are interested in a career as a business analyst, project manager, or other vital technological role in business, can enroll in UH’s MIS program. Courses include System Analysis and Design, IT Project Management, and more.

Undergraduate degrees in 2023-24: 327

6. Marketing/Marketing Management

Marketing students learn how to perform market research and analysis, along with advertising and promotion. This helps prepare them for careers in business, digital marketing, and more.

Undergraduate degrees in 2023-24: 315

7. Exercise Science and Kinesiology

Those interested in an exercise science degree can choose between the health profession option or the primary option. The former prepares students to apply for professional physical therapy programs, while the latter is designed for students seeking a professional program in other fields, like occupational therapy and wellness.

Undergraduate degrees in 2023-24: 307

8. Multi-/Interdisciplinary Studies

A multi- or interdisciplinary studies degree allows students to pursue an academic curriculum that supports their unique career goals. They’re taught broad topics and learn to develop key skill sets for the workplace.

Undergraduate degrees in 2023-24: 269

9. Logistics, Materials, and Supply Chain Management

A curriculum in Supply Chain and Logistics Technology teaches students how to manage materials and services in the supply chain industry. Classes include Logistic Technology & Processes, Transportation Law, and Quality Systems.

Undergraduate degrees in 2023-24: 257

10. Accounting

At UH’s C.T. Bauer College of Business, accounting students learn how to document, analyze and communicate financial information. They also learn the accounting and financial concepts that are essential foundations of business.

Undergraduate degrees in 2023-24: 239

Graduation Rate

These are the graduation rates at University of Houston:

•  4 years: 45%

•  6 years: 65%

•  8 years: 65%

Post-Graduation Median Earnings

Graduates of the University of Houston earn a median salary that’s slightly lower than the national average. According to the U.S. Department of Education’s College Scorecard, UH graduates earn $62,000. By comparison, the national average earnings of a four-year college graduate is $68,516 for 2024 graduates.

By Susan Guillory

(Last Updated – 06/2025)

One of the oldest public universities in the country, the University of Georgia (UGA) is a top-ranked public research university that offers small class sizes, hands-on learning opportunities, and many options for studying abroad.

Keep reading to learn more on UGA’s tuition and mandatory fees, financial aid opportunities, acceptance rates, and admission requirements to help you plan effectively for your academic journey.

Total Cost of Attendance

University of Georgia tuition in 2024-25 was $11,450 for state residents. This is just slightly higher than the national average of $11,260 for in-state tuition at public universities. For out-of-state residents, UGA tuition was $31,688, which is a little more than the national average of $29,150.

Financial Aid

To help with the University of Georgia cost, 84% of students have some form of financial aid. This may be through scholarships, grants, and/or student loans.

Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

•  Grants: Grants are generally based on financial need. These can come from federal, state, private, and nonprofit organizations.

•  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  U.S. Department of Education – Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

Of the students who use financial aid to help with the University of Georgia tuition, 20% have federal loans and 2% take out private student loans averaging $17,455.

Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The University of Georgia cost for four years, including tuition and fees, room and board, books, and other expenses, would be $115,488 for in-state students. This is right around the national average of $115,360. For residents of other states, the University of Georgia cost for four years would be $196,440, which is slightly higher than the national average of $186,920.

Recommended: Georgia Student Loan & Scholarships Information

Undergraduate Tuition and Fees

The total for UGA tuition, fees, books, and supplies was $12,384 for in-state students and $32,622 for out-of-state students.

Graduate Tuition and Fees

UGA tuition and fees for graduate school in 2024-25 was $11,002 for Georgia residents and $29,774 for out-of-state residents. In comparison, the average cost of graduate school at a public university in the U.S. is $37,610.

There are many options for graduate loans that can help with these costs.

Cost per Credit Hour

The University of Georgia charges undergraduate tuition as a flat-rate based on whether the student takes six hours or less of coursework, or six hours or more. However, graduate school can be attended on a part-time basis, with a cost of $399 per credit hour for in-state students and $1,182 for out-of-state students.

Campus Housing Expenses

*Rates based on the University of Georgia’s off-campus housing guide in 2025.

At UGA, first-year students are required to live on campus in one of 30+ residence halls located around campus. There are traditional-style residence halls as well as apartments and townhomes.

For students who opt to live off campus, there are many apartments, townhomes, duplexes, and houses for rent near campus. You can check out the off-campus housing guide here .

University of Georgia Acceptance Rate

Admission Requirements

Here’s what you’ll need to apply to the University of Georgia.

Required:

•  Secondary school report

•  SAT or ACT scores

•  Recommendations

•  Personal statement or essay

Recommended:

•  Work experience

The deadline for Early Action is October 15, while the deadline for Regular Decision is January 1.

SAT and ACT Scores

The University of Georgia requires standardized test scores. Here are the scores at the 25th and 75th percentile.

Popular Majors at University of Georgia

The University of Georgia offers a diverse range of majors, from Atmospheric Sciences to Chinese Language. Here are the most popular majors at UGA.

1. Psychology

Psychology students can take courses like The Psychology of Adjustment, Understanding Cultural Diversity, Psychopathology, and Human Sexuality. Research is emphasized in this program, and students are encouraged to participate in psychology experiments.

Undergraduate degrees in 2023-24: 546

2. Biology

A Bachelor of Science in biology prepares students for careers in medicine, law, dentistry, veterinary medicine, pharmacy, optometry, and academia. Biology majors can also choose to focus their studies on marine biology.

Undergraduate degrees in 2023-24: 541

3. Finance

Finance majors learn about the theory and use of financial analysis, financial management, investment analysis, financial institutions and markets, international finance, mergers and acquisitions, trading strategy, derivatives, corporate finance, and more.

Undergraduate degrees in 2023-24: 492

4. Marketing

Students in this program can opt for one of the following areas of emphasis: Professional Selling or Digital Marketing. They’ll take courses like Marketing Research for Business Decisions, Consumer Buyer Behavior, and Sales Force Strategy and Management. Students will have the opportunity to study marketing abroad.

Undergraduate degrees in 2023-24: 382

5. Management Information Systems

MIS majors study systems analysis and design, data management, network-based application development, computer programming in business, managing information resources, project management, and more. They typically go on to become computer scientists or technicians.

Undergraduate degrees in 2023-24: 342

6. Computer Science

This degree provides students with a basis in computer science theory and practice, and many graduates work at such companies as Google, Amazon, Microsoft, IBM, Oracle, and Samsung.

Undergraduate degrees in 2023-24: 241

7. Risk Management and Insurance

This UGA program has been ranked among the best in the nation. It provides insight into the roles and functions of risk-bearing institutions, employee benefits, insurer operations and policy, corporate risk management, life insurance, and economic risk management. Students have the opportunity to study abroad.

Undergraduate degrees in 2023-24: 240

8. Business Administration

Those interested in business get a solid foundation in accounting, economics, finance, legal and regulatory business environments, marketing, management, and statistical analysis in this program.

Undergraduate degrees in 2023-24: 228

9. International Affairs

At the University of Georgia, students have the opportunity to choose a co-major in international affairs and one of the following areas of study: accounting, economics, finance, management information systems, management, marketing, real estate, or risk management and insurance.

Undergraduate degrees in 2023-24: 197

10. Accounting

Accounting students dive into topics like accounting standards, financial statement preparation, product costs, budgeting, taxation, auditing, and risk assessment. They also have the opportunity to study abroad.

Undergraduate degrees in 2023-24: 140

Graduation Rate

Here are the graduation rates at UGA.

•  4 years: 71%

•  6 years: 87%

Post-Graduation Median Earnings

After graduating from the University of Georgia, you can expect to earn on average $68,726 a year. This is right around the national average of $68,680.