Millsaps College

www.millsaps.edu

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2023 Undergraduate Tuition

$40,940

2023 Average Net Price

$26,739

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

49%

2,058 Applicants

2023 Enrolled Students

626

98.7% Full-Time

2023 Graduation Rate

59.6%

127 Graduates

About

Millsaps College is a higher education institution located in Hinds County, MS. In 2023, the most popular Bachelors Degree concentrations at Millsaps College were General Biological Sciences (38 degrees awarded), General Business Administration & Management (16 degrees), and General Political Science & Government (15 degrees).

In 2023, 179 degrees were awarded across all undergraduate and graduate programs at Millsaps College. 53.6% of these degrees were awarded to women, and 46.4% awarded men. The most common race/ethnicity group of degree recipients was white (110 degrees), 2.75 times more than then the next closest race/ethnicity group, black or african american (40 degrees).

The median undergraduate tuition at Millsaps College is $40,940, which is $11,660 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Millsaps College was 0%, corresponding to 0 out of the 210 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Millsaps College is $40,940, which is $11,660 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $26,739.

In 2023, 99% of undergraduate students attending Millsaps College received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$40,940

2023 Undergraduate Tuition

In 2023, the cost of tuition at Millsaps College was $40,940. The cost of tuition at Millsaps College is $11,660 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Millsaps College (in red) with those of other similar universities.

Average Net Price

$26,739

2023 Value

1.91%

1 Year Growth

In 2023 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $26,739. Between 2022 and 2023, the average net price of Millsaps College grew by 1.91%.

This chart compares the average net price of Millsaps College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,380

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Millsaps College was of $14,380 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Millsaps College (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Millsaps College received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Millsaps College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Millsaps College was 0%, which represents 0 out of the 210 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Millsaps College received 2,058 undergraduate applications in 2023, which represents a 6.88% annual growth. Out of those 2,058 applicants, 1,009 students were accepted for enrollment, representing a 49% acceptance rate.

There were 626 students enrolled at Millsaps College in 2023. 1% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 15.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

49%

Acceptance Rate in 2023

1,009

Accepted Out of 2,058

In 2023, the undergraduate acceptance rate of Millsaps College was 49% (1,009 admissions from 2,058 applications). This is lower than the acceptance rate of 2022, which was 67.8%. Between 2022 and 2023, the number of applicants declined by 6.88%, while admissions declined by 32.7%.

This chart compares the acceptance rate of Millsaps College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

1% of enrolled first-time students at Millsaps College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Millsaps College had a total enrollment of 626 students in 2023. The full-time enrollment at Millsaps College is 618 students and the part-time enrollment is 8. This means that 98.7% of students enrolled at Millsaps College are enrolled full-time.

The enrolled student population at Millsaps College, both undergraduate and graduate, is 57.3% White, 27% Black or African American, 4.15% Hispanic or Latino, 3.04% Asian, 0.958% Two or More Races, 0.799% American Indian or Alaska Native, and 0.639% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millsaps College in full-time Undergraduate programs are most commonly White Male (31.6%), followed by White Female (26.4%) and Black or African American Male (15.2%). Students enrolled in full-time Graduate programs are most commonly White Male (39.4%), followed by White Female (22.7%) and Black or African American Female (13.6%).

Full-Time vs Part-Time Enrollment

98.7%

Full-Time Enrollment

The total enrollment at Millsaps College in 2023, both undergraduate and graduate, is 626 students. The full-time enrollment at Millsaps College is 618 and the part-time enrollment is 8. This means that 98.7% of students enrolled at Millsaps College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Millsaps College (in red) compares to similar universities.

Retention Rate over Time

73%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Millsaps College was 73%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Millsaps College had a retention rate lower than its peers.

This chart shows the retention rate over time at Millsaps College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
359 enrolled students
Black or African American
169 enrolled students
Hispanic or Latino
26 enrolled students

The enrolled student population at Millsaps College is 57.3% White, 27% Black or African American, 4.15% Hispanic or Latino, 3.04% Asian, 0.958% Two or More Races, 0.799% American Indian or Alaska Native, and 0.639% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 20 students (3.19%) did not report their race.

Graduates

In 2023, 13 more women than men received degrees from Millsaps College. The most common race/ethnicity group of degree recipients at Millsaps College is white (110 degrees awarded). There were 2.75 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Biological Sciences (38 degrees awarded), followed by General Business Administration & Management (16 degrees) and General Political Science & Government (15 degrees).

In 2023, the most specialized majors across all degree types at Millsaps College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Biology (51 degrees awarded), Math & Statistics (9 degrees), and English (9 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Millsaps College are Lawyers, & judges, magistrates, & other judicial workers (512,426 people), Physicians (446,230 people), Other managers (444,433 people), Postsecondary teachers (334,860 people), and Elementary & middle school teachers (311,237 people).

The most specialized majors at Millsaps College in 2023 are Biology (51 degrees awarded), Math & Statistics (9 degrees), English (9 degrees), History (5 degrees), and Social Sciences (25 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Millsaps College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Millsaps College are Biology (51 degrees awarded), Math & Statistics (9 degrees), English (9 degrees), History (5 degrees), and Social Sciences (25 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Millsaps College are Elementary & secondary schools (699,795 people), Colleges, universities & professional schools, including junior colleges (674,808 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (595,098 people), Legal services (352,454 people), and Computer Systems Design (336,251 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Millsaps College.

Most Common (2023)

General Biological Sciences
38 degrees awarded
General Business Administration & Management
16 degrees awarded
General Political Science & Government
15 degrees awarded

In 2023, the most common bachelors degree concentration at Millsaps College was General Biological Sciences with 38 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Millsaps College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 83 degrees were awarded to men at Millsaps College, which is 0.865 times less than the number of degrees awarded to females (96).

This chart displays the sex disparity between the top 5 majors at Millsaps College by degrees awarded.

Most Common Male Majors

In 2023, 22 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 1.57 times more than the 14 female recipients with that same degree.

Most Common Female Majors

In 2023, 24 degrees were awarded to men at Millsaps College in General Biological Sciences, which is 1.71 times more than the 14 male recipients with that same degree.

Time to Complete

61%

100% Completion Time

62%

150% Completion Time

In 2023, 61% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Millsaps College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.57% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
110 degrees awarded
Black or African American
40 degrees awarded
Hispanic or Latino
7 degrees awarded

The most common race/ethnicity at Millsaps College is white (110 degrees awarded). There were 2.75 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

1.68% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
56 degrees awarded
White Male
54 degrees awarded
Black or African American Female
23 degrees awarded

The most common race/ethnicity and sex grouping at Millsaps College is white female (56 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white male (54 degrees).

Operations

Millsaps College has an endowment valued at nearly $103M, as of the end of the 2023 fiscal year. The return on its endowment was of 11.3M (11%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Millsaps College had a total salary expenditure of 35.2M. Millsaps College employs 27 Associate professors, 20 Professors and 16 Assistant professors. Most academics at Millsaps College are Female Associate professor (15), Male Professor (14), and Male Associate professor (12).

The most common positions for non-instructional staff at Millsaps College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, Office and Administrative Support, with 33 employees, and Management with 24 employees.

Endowment

$103M

2023 Endowment

4.94%

growth from 2022

Millsaps College has an endowment valued at about $103M, as of the end of the 2023 fiscal year. The endowment of Millsaps College grew 4.94% from the previous year. The value of their endowment was $51.9M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Millsaps College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$14.7M

2023 Salaries

2.89%

growth from 2022

In 2023, Millsaps College paid a median of $14.7M in salaries, which represents 41.7% of their overall expenditure ($35.2M) and a 2.89% growth from the previous year. This is compared to a 0.731% growth between 2021 and 2022, and a 7.58% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$5.36M

Instructional Salaries

Number of Employees

In 2023, Millsaps College paid a total of $5.36M to 70 employees working as instructors, which represents 36.5% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

27 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

42 Employees

In 2023, the most common positions for instructional staff at Millsaps College were Associate professor with 27 employees, Professor with 20 employees, and Assistant professor with 16 employees.

In 2023, the most common positions for non-instructional staff at Millsaps College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees, Office and Administrative Support with 33 employees, and Management with 24 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Male Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Millsaps College was Female Associate professor with 15 employees, Male Professor with 14 employees, and Male Associate professor with 12 employees.

This chart shows the sex split between each academic rank present at Millsaps College.

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