Millsaps College

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2022 Undergraduate Tuition
$40,940
1.99% growth from 2021
2022 Average Net Price
$27,260
After Financial Aid
2019 Default Rate
1.03%
on Student Loans
2022 Acceptance Rate
67.8%
2,210 Applicants
2022 Enrolled Students
661
97.9% Full-Time
2022 Graduation Rate
56.7%
143 Graduates

About

Millsaps College is a higher education institution located in Hinds County, MS. In 2022, the most popular Bachelors Degree concentrations at Millsaps College were General Business Administration & Management (35 degrees awarded), General Biological Sciences (32 degrees), and General Psychology (16 degrees).

In 2022, 208 degrees were awarded across all undergraduate and graduate programs at Millsaps College. 58.7% of these degrees were awarded to women, and 41.3% awarded men. The most common race/ethnicity group of degree recipients was white (138 degrees), 5.75 times more than then the next closest race/ethnicity group, black or african american (24 degrees).

The median undergraduate tuition at Millsaps College is $40,940, which is $12,610 more than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Millsaps College is $40,940, which is $12,610 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $27,260.

In 2022, 99% of undergraduate students attending Millsaps College received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$40,940
2022 Undergraduate Tuition

In 2022, the cost of tuition at Millsaps College was $40,940. The cost of tuition at Millsaps College is $12,610 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$27,260
2022 Value
14.4%
1 Year Growth

In 2022 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $27,260. Between 2021 and 2022, the average net price of Millsaps College grew by 14.4%.

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.

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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 2022. The cost of room and board increased by 1.74% between 2021 and 2022.

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.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Millsaps College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, 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.

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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.
1.03%
2019 Default Rate
2
Number of Defaults

In 2019 the default rate for borrower's at Millsaps College was 1.03%, which represents 2 out of the 195 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.

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Admissions

Millsaps College received 2,210 undergraduate applications in 2022, which represents a 0.45% annual growth. Out of those 2,210 applicants, 1,499 students were accepted for enrollment, representing a 67.8% acceptance rate.

There were 661 students enrolled at Millsaps College in 2022. 4% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 12.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.8%
Acceptance Rate in 2022
1,499
Accepted Out of 2,210

In 2022, the undergraduate acceptance rate of Millsaps College was 67.8% (1,499 admissions from 2,210 applications). This is lower than the acceptance rate of 2021, which was 68.1%. Between 2021 and 2022, the number of applicants grew by 0.45%, while admissions declined by −0.794%..

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.

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SAT Scores

4%
Submission Percentage (2022)
7
Scores Submitted (2022)

4% of enrolled first-time students at Millsaps College in 2022 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.

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Enrollment

Millsaps College had a total enrollment of 661 students in 2022. The full-time enrollment at Millsaps College is 647 students and the part-time enrollment is 14. This means that 97.9% of students enrolled at Millsaps College are enrolled full-time.

The enrolled student population at Millsaps College, both undergraduate and graduate, is 59.5% White, 26.8% Black or African American, 4.08% Hispanic or Latino, 3.03% Asian, 0.908% Two or More Races, 0.303% American Indian or Alaska Native, and 0.151% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millsaps College in full-time Undergraduate programs are most commonly White Male (32.2%), followed by White Female (27.1%) and Black or African American Male (15.8%). Students enrolled in full-time Graduate programs are most commonly White Male (38.5%), followed by White Female (23.1%) and Black or African American Male (11.5%).

Full-Time vs Part-Time Enrollment

97.9%
Full-Time Enrollment

The total enrollment at Millsaps College in 2022, both undergraduate and graduate, is 661 students. The full-time enrollment at Millsaps College is 647 and the part-time enrollment is 14. This means that 97.9% of students enrolled at Millsaps College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

83%
2022 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 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Millsaps College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    393 enrolled students
  2. Black or African American
    177 enrolled students
  3. Hispanic or Latino
    27 enrolled students

The enrolled student population at Millsaps College is 59.5% White, 26.8% Black or African American, 4.08% Hispanic or Latino, 3.03% Asian, 0.908% Two or More Races, 0.303% American Indian or Alaska Native, and 0.151% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 18 students (2.72%) did not report their race.

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Graduates

In 2022, 36 more women than men received degrees from Millsaps College. The most common race/ethnicity group of degree recipients at Millsaps College is white (138 degrees awarded). There were 5.75 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Business Administration & Management (35 degrees awarded), followed by General Biological Sciences (32 degrees) and General Psychology (16 degrees).

In 2022,  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 (50 degrees awarded), English (12 degrees), and Philosophy and Religious Studies (4 degrees).

Common Jobs by Major

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 (439,683 people), Physicians (434,355 people), Other managers (392,300 people), Postsecondary teachers (319,704 people), and Elementary & middle school teachers (282,718 people).

The most specialized majors at Millsaps College in 2022 are Biology (50 degrees awarded), English (12 degrees), Philosophy and Religious Studies (4 degrees), Math & Statistics (7 degrees), and Social Sciences (24 degrees) (as of 2022).

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Highest Paying Jobs by Major

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 (50 degrees awarded), English (12 degrees), Philosophy and Religious Studies (4 degrees), Math & Statistics (7 degrees), and Social Sciences (24 degrees) (as of 2022).

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Common Industries by Major

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).

The most specialized majors at Millsaps College are Biology (50 degrees awarded), English (12 degrees), Philosophy and Religious Studies (4 degrees), Math & Statistics (7 degrees), and Social Sciences (24 degrees) (as of 2022).

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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 (2022)
  1. 35 degrees awarded
  2. 32 degrees awarded
  3. 16 degrees awarded

In 2022, the most common bachelors degree concentration at Millsaps College was General Business Administration & Management with 35 degrees awarded.

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

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Sex Breakdown for Common Majors

86
Degrees Awarded to Men
in 2022
122
Degrees Awarded to Women
in 2022

In 2022, 86 degrees were awarded to men at Millsaps College, which is 0.705 times less than the number of degrees awarded to females (122).

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

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Most Common Male Majors

In 2022, 35 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 1.84 times more than the 19 female recipients with that same degree.

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Most Common Female Majors

In 2022, 20 degrees were awarded to men at Millsaps College in General Biological Sciences, which is 1.67 times more than the 12 male recipients with that same degree.

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Time to Complete

66%
100% Completion Time
68%
150% Completion Time

In 2022, 66% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Millsaps College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.4% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    138 degrees awarded
  2. Black or African American
    24 degrees awarded
  3. Hispanic or Latino
    11 degrees awarded

The most common race/ethnicity at Millsaps College is white (138 degrees awarded). There were 5.75 times more white recipients than the next closest race/ethnicity group, black or african american (24 degrees).

5.29% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    81 degrees awarded
  2. White Male
    57 degrees awarded
  3. Black or African American Female
    15 degrees awarded

The most common race/ethnicity and sex grouping at Millsaps College is white female (81 degrees awarded). There were 1.42 times more white female recipients than the next closest race/ethnicity group, white male (57 degrees).

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Operations

Millsaps College has an endowment valued at nearly $98.5M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−8.88%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Millsaps College had a total salary expenditure of 35.9M. Millsaps College employs 24 Associate professors, 20 Professors and 14 Assistant professors. Most academics at Millsaps College are Male Professor (14), Female Associate professor (13), and Male Associate professor (11).

The most common positions for non-instructional staff at Millsaps College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 41 employees, Office and Administrative Support, with 35 employees, and Management with 23 employees.

Endowment

$98.5M
2022 Endowment
10.2%
decline from 2021

Millsaps College has an endowment valued at about $98.5M, as of the end of the 2022 fiscal year. The endowment of Millsaps College declined 10.2% from the previous year. The value of their endowment was $49.2M 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.

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Salary Expenditure

$14.3M
2022 Salaries
0.731%
growth from 2021

In 2022, Millsaps College paid a median of $14.3M in salaries, which represents 39.8% of their overall expenditure ($35.9M) and a 0.731% growth from the previous year.

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

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Instructional Salaries

$4.98M
Instructional Salaries
66
Number of Employees

In 2022, Millsaps College paid a total of $4.98M to 66 employees working as instructors, which represents 34.9% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
24 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
41 Employees

In 2022, the most common positions for instructional staff at Millsaps College were Associate professor with 24 employees, Professor with 20 employees, and Assistant professor with 14 employees.

In 2022, the most common positions for non-instructional staff at Millsaps College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 41 employees, Office and Administrative Support with 35 employees, and Management with 23 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Associate professor
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Millsaps College was Male Professor with 14 employees, Female Associate professor with 13 employees, and Male Associate professor with 11 employees.

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

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