Millsaps College

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2019 Undergraduate Tuition
$38,600
3.51% growth from 2018
2019 Average Net Price
$24,457
After Financial Aid
2017 Student Loan
6.42%
Default Rate
2019 Acceptance Rate
68.8%
5,223 Applicants
2019 Enrolled Students
820
97% Full-Time
2018 Graduation Rate
63.8%
134 Graduates

About

Millsaps College is a higher education institution located in Hinds County, MS. In 2016, the most popular Bachelor's Degree concentrations at Millsaps College were General Business Administration & Management (33 degrees awarded), Accounting (21 degrees), and General Psychology (20 degrees).

In 2019, 238 degrees were awarded across all undergraduate and graduate programs at Millsaps College. 45.8% of these degrees were awarded to women, and 54.2% awarded men. The most common race/ethnicity group of degree recipients was white (167 degrees), 4.91 times more than then the next closest race/ethnicity group, black or african american (34 degrees).

The median undergraduate tuition at Millsaps College is $38,600, which is $11,320 more than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Millsaps College is $38,600, which is $11,320 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $24,457.

In 2019, 99% of undergraduate students received federal grants, while 61% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$38,600
2019 Undergraduate Tuition

In 2019, the cost of tuition at Millsaps College was $38,600. The cost of tuition at Millsaps College is $11,320 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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Average Net Price

$24,457
2019 Value
1.38%
1 Year Growth

In 2019 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $24,457. Between 2018 and 2019, the average net price of Millsaps College grew by 1.38%.

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

$13,657
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Millsaps College was of $13,657 in 2019. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.48% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

99%
Of Undergraduates Receive Grants
61%
Of Undergraduates Receive Federal Loans

99% of undergraduate students at Millsaps College received grants or loans in 2019. This represents a growth of 1.02% with respect to 2018, when 98% 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.
6.42%
2017 Default Rate
12
Number of Defaults

In 2017 the default rate for borrower's at Millsaps College was 6.42%, which represents 12 out of the 187 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 5,223 undergraduate applications in 2019, which represents a 25.5% annual growth. Out of those 5,223 applicants, 3,594 students were accepted for enrollment, representing a 68.8% acceptance rate.

There were 820 students enrolled at Millsaps College in 2019, and 21% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 5.65%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.8%
Acceptance Rate in 2019
3,594
Accepted Out of 5,223

In 2019, the undergraduate acceptance rate of Millsaps College was 68.8% (3,594 admissions from 5,223 applications). This is higher than the acceptance rate of 2018, which was 59.3%. Between 2018 and 2019, the number of applicants grew by 25.5%, while admissions grew by 45.6%.

This chart compares the acceptance rate of Millsaps College (in red) with that of other similar universities.

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SAT Scores

21%
Submission Percentage
43
Scores Submitted

21% of enrolled first-time students at Millsaps College in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Millsaps College has a total enrollment of 820 students. The full-time enrollment at Millsaps College is 795 students and the part-time enrollment is 25. This means that 97% of students enrolled at Millsaps College are enrolled full-time.

The enrolled student population at Millsaps College, both undergraduate and graduate, is 61.5% White, 23% Black or African American, 4.27% Hispanic or Latino, 3.05% Asian, 0.854% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Millsaps College in full-time Undergraduate programs are most commonly White Female (31.5%), followed by White Male (28.8%) and Black or African American Female (14.3%). Students enrolled in full-time Graduate programs are most commonly White Male (59.3%), followed by White Female (18.5%) and Black or African American Male (7.41%).

Full-Time vs Part-Time Enrollment

97%
Full-Time Enrollment

The total enrollment at Millsaps College, both undergraduate and graduate, is 820 students. The full-time enrollment at Millsaps College is 795 and the part-time enrollment is 25. This means that 97% of students enrolled at Millsaps College are enrolled full-time compared with 81.1% 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

75%
2019 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 75%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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
  1. White
    504
  2. Black or African American
    189
  3. Hispanic or Latino
    35

The enrolled student population at Millsaps College is 61.5% White, 23% Black or African American, 4.27% Hispanic or Latino, 3.05% Asian, 0.854% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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, 19 students (2.32%) did not report their race.

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Graduates

In 2019, 20 fewer women than men received degrees from Millsaps College. The most common race/ethnicity group of degree recipients at Millsaps College is white (167 degrees awarded). There were 4.91 times more white graduates than the next closest race/ethnicity group, black or african american (34 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Business Administration & Management (33 degrees awarded), followed by Accounting (21 degrees) and General Psychology (20 degrees).

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 Philosophy and Religious Studies (5 degrees awarded), History (8 degrees), and Biology (33 degrees).

Workforce

Common Jobs by Major

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 Accountants & auditors (1,000,126 people), Other managers (837,891 people), Financial managers (506,161 people), Physicians (482,783 people), and Chief executives & legislators (423,957 people).

The most specialized majors at Millsaps College are Philosophy and Religious Studies (5 degrees awarded), History (8 degrees), Biology (33 degrees), Physical Sciences (10 degrees), and Business (111 degrees).

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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, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Physicians, and Actuaries

The most specialized majors at Millsaps College are Philosophy and Religious Studies (5 degrees awarded), History (8 degrees), Biology (33 degrees), Physical Sciences (10 degrees), and Business (111 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Millsaps College are Colleges, universities & professional schools, including junior colleges (774,064 people), Elementary & secondary schools (767,137 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (756,505 people), Computer Systems Design (574,050 people), and Banking & related activities (499,273 people).

The most specialized majors at Millsaps College are Philosophy and Religious Studies (5 degrees awarded), History (8 degrees), Biology (33 degrees), Physical Sciences (10 degrees), and Business (111 degrees).

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Degrees

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
  1. 33 degree-majorss awarded
  2. 21 degree-majorss awarded
  3. 20 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Millsaps College was General Business Administration & Management with 33 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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Gender Breakdown for Common Majors

129
Degrees Awarded to Men
in 2019
109
Degrees Awarded to Women
in 2019

In 2019, 129 degrees were awarded to men at Millsaps College, which is 1.18 times more than the number of degrees awarded to females (109).

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

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Most Common Male Majors

In 2019, 54 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 2.45 times more than the 22 female recipients with that same degree.

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Most Common Female Majors

In 2019, 22 degrees were awarded to women at Millsaps College in General Business Administration & Management, which is 0.407 times less than the 54 male recipients with that same degree.

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Time to Complete

62%
100% Completion Time
67%
150% Completion Time

In 2019, 62% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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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Diversity

Graduation Rate by Race and Gender

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

The student demographic with the highest graduation rate at Millsaps College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 1.49% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    167 degrees awarded
  2. Black or African American
    34 degrees awarded
  3. Asian
    11 degrees awarded

The most common race/ethnicity at Millsaps College is white (167 degrees awarded). There were 4.91 times more white recipients than the next closest race/ethnicity group, black or african american (34 degrees).

3.78% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    99 degrees awarded
  2. White Female
    68 degrees awarded
  3. Black or African American Female
    22 degrees awarded

The most common race/ethnicity and gender grouping at Millsaps College is white male (99 degrees awarded). There were 1.46 times more white male recipients than the next closest race/ethnicity group, white female (68 degrees).

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Operations

Millsaps College has an endowment valued at nearly $90.5M, as of the end of the 2019 fiscal year. The return on its endowment was of $5.37M (5.94%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Millsaps College had a total salary expenditure of $37.6M. Millsaps College employs 28 Professors, 26 Associate professors, and 20 Assistant professors. Most academics at Millsaps College are Male Professors (18), Male Associate professors(13), and Female Associate professors (13).

The most common positions for non-instructional staff at Millsaps College are: Office and Administrative Support, with 52 employees, Management, with 31 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

Finances

Endowment

$90.5M
2019 Endowment
10.8%
decline from 2018

Millsaps College has an endowment valued at about $90.5M, as of the end of the 2019 fiscal year. The endowment of Millsaps College declined 10.8% from the previous year. The value of their endowment was $49.8M 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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Government Grants and Contracts

Grants & Contracts
  1. $468k - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Millsaps College received $468k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$16.8M
2019 Salaries
0.365%
decline from 2018

In 2019, Millsaps College paid a median of $16.8M in salaries, which represents 44.7% of their overall expenditure ($37.6M) and a 0.365% decline from the previous year. This is compared to a 5.22% growth from 2017 and a 0.925% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$5.76M
Instructional Salaries
81
Number of Employees

In 2019, Millsaps College paid a total of $5.76M to 81 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
28 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
52 Employees

In 2019, the most common positions for instructional staff at Millsaps College were Professor with 28 employees; Associate professor with 26 employees; and Associate professor with 20 employees.

In 2019, the most common positions for non-instructional staff at Millsaps College were Office and Administrative Support with 52 employees; Management with 31 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Millsaps College was Male Professor with 18 employees, Male Associate professor with 13 employees, and Female Associate professor with 13 employees.

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

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