Millsaps College

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2017 Undergraduate Tuition
$36,380
4.51% growth from 2016
2017 Average Net Price
$23,413
After Financial Aid
2016 Student Loan
6.56%
Default Rate
2017 Acceptance Rate
48.9%
4,276 Applicants
2017 Enrolled Students
859
96.7% Full-Time
2017 Graduation Rate
66.5%
149 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 (32 degrees awarded), General Biological Sciences (19 degrees), and General Psychology (17 degrees).

In 2017, 207 degrees were awarded across all undergraduate and graduate programs at Millsaps College. 46.9% of these degrees were awarded to women, and 53.1% awarded men. The majority of degree recipients were white (156 degrees), 5.78 times more than then the next closest race/ethnicity group, black or african american (27 degrees).

The median undergraduate tuition at Millsaps College is $36,380, which is $11,186 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Millsaps College is $36,380, which is $11,186 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $23,413.

In 2017, 98% of undergraduate students received federal grants, while 59% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$36,380
2017 Undergraduate Tuition

In 2017, the cost of tuition at Millsaps College was $36,380. The cost of tuition at Millsaps College is $11,186 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$23,413
2017 Value
2.54%
1 Year Growth

In 2017 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $23,413. Between 2016 and 2017, the average net price of Millsaps College grew by 2.54%.

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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

$12,922
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Millsaps College was of $12,922 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 4.7% between 2016 and 2017. The cost of books and supplies increased by 9.09% during the same period.

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Financial Aid

Financial Aid by Income Level

98%
Of Undergraduates Receive Grants
59%
Of Undergraduates Receive Federal Loans

98% of undergraduate students at Millsaps College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, 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.
6.56%
2016 Default Rate
12
Number of Defaults

In 2016 the default rate for borrower's at Millsaps College was 6.56%, which represents 12 out of the 183 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 4,276 undergraduate applications in 2017, which represents a 0.164% annual growth. Out of those 4,276 applicants, 2,093 students were accepted for enrollment, representing a 48.9% acceptance rate.

There were 859 students enrolled at Millsaps College in 2017, and 20% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 10.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.9%
Acceptance Rate in 2017
2,093
Accepted Out of 4,276

In 2017, the undergraduate acceptance rate of Millsaps College was 48.9% (2,093 admissions from 4,276 applications). This is lower than the acceptance rate of 2016, which was 59.1%. Between 2016 and 2017, the number of applicants grew by 0.164%, while admissions declined by -17.1%.

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

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SAT Scores

20%
Submission Percentage
49
Scores Submitted

20% of enrolled first-time students at Millsaps College in 2017 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 859 students. The full-time enrollment at Millsaps College is 831 students and the part-time enrollment is 28. This means that 96.7% of students enrolled at Millsaps College are enrolled full-time.

The enrolled student population at Millsaps College, both undergraduate and graduate, is 70.1% White, 16.5% Black or African American, 4.31% Asian, 1.16% American Indian or Alaska Native, 0.466% Hispanic or Latino, 0.116% Two or More Races, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millsaps College in full-time Undergraduate programs are majority White Male (36.1%), followed by White Female (33.4%) and Black or African American Female (9.41%). Students enrolled in full-time Graduate programs are majority White Male (38.2%), followed by White Female (38.2%) and Asian Male (2.94%).

Full-Time vs Part-Time Enrollment

96.7%
Full-Time Enrollment

The total enrollment at Millsaps College, both undergraduate and graduate, is 859 students. The full-time enrollment at Millsaps College is 831 and the part-time enrollment is 28. This means that 96.7% of students enrolled at Millsaps College are enrolled full-time compared with 80.6% 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

78%
2017 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 78%. 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
    602
  2. Black or African American
    142
  3. Asian
    37

The enrolled student population at Millsaps College is 70.1% White, 16.5% Black or African American, 4.31% Asian, 1.16% American Indian or Alaska Native, 0.466% Hispanic or Latino, 0.116% Two or More Races, and 0% 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 54.9% White, 14% Black or African American, and 12.6% 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, 26 students (3.03%) did not report their race.

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Graduates

In 2017, 13 fewer women than men received degrees from Millsaps College. The majority of degree recipients at Millsaps College are white (156 degrees awarded). There were 5.78 times more white graduates than the next closest race/ethnicity group, black or african american (27 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Business Administration & Management (32 degrees awarded), followed by General Biological Sciences (19 degrees) and General Psychology (17 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 Biology (38 degrees awarded), Philosophy and Religious Studies (3 degrees), and Physical Sciences (8 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 (1,111,780 people), Other managers (751,138 people), Physicians (471,453 people), Financial managers (437,113 people), and Elementary & middle school teachers (372,104 people).

The most specialized majors at Millsaps College are Biology (38 degrees awarded), Philosophy and Religious Studies (3 degrees), Physical Sciences (8 degrees), History (5 degrees), and Business (105 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, Dentists, Securities, commodities, & financial services sales agents, Physicians, and Personal financial advisors

The most specialized majors at Millsaps College are Biology (38 degrees awarded), Philosophy and Religious Studies (3 degrees), Physical Sciences (8 degrees), History (5 degrees), and Business (105 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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (793,138 people), Colleges, universities & professional schools, including junior colleges (749,112 people), Elementary & secondary schools (742,406 people), Banking & related activities (510,823 people), and Computer Systems Design (505,295 people).

The most specialized majors at Millsaps College are Biology (38 degrees awarded), Philosophy and Religious Studies (3 degrees), Physical Sciences (8 degrees), History (5 degrees), and Business (105 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. 32 degree-majorss awarded
  2. 19 degree-majorss awarded
  3. 17 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Millsaps College was General Business Administration & Management with 32 degree-majorss 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

Degrees Awarded to Men
  1. 110
  2. 97

In 2017, 110 degrees were awarded to men at Millsaps College, which is 1.13 times more than the number of degrees awarded to females (97).

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 2017, 48 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 1.85 times more than the 26 female recipients with that same degree.

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Most Common Female Majors

In 2017, 26 degrees were awarded to women at Millsaps College in General Business Administration & Management, which is 0.542 times less than the 48 male recipients with that same degree.

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Time to Complete

59%
100% Completion Time
66%
150% Completion Time

In 2017, 59% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 69% 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.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Millsaps College is Male and Hispanic or Latino (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 1.34% 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
    156 degrees awarded
  2. Black or African American
    27 degrees awarded
  3. Asian
    9 degrees awarded

The most common race/ethnicity at Millsaps College is white (156 degrees awarded). There were 5.78 times more white recipients than the next closest race/ethnicity group, black or african american (27 degrees).

0.966% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    82 degrees awarded
  2. White Female
    74 degrees awarded
  3. Black or African American Male
    14 degrees awarded

The most common race/ethnicity and gender grouping at Millsaps College is white male (82 degrees awarded). There were 1.11 times more white male recipients than the next closest race/ethnicity group, white female (74 degrees).

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Operations

Millsaps College has an endowment valued at nearly $101M, as of the end of the 2017 fiscal year. The return on its endowment was of $12.6M (12.5%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Millsaps College had a total salary expenditure of $40M. Millsaps College employs 29 Associate professors, 29 Assistant professors, and 23 Professors. Most academics at Millsaps College are Female Assistant professors (17), Male Professors(16), and Male Associate professors (16).

The most common positions for non-instructional staff at Millsaps College are: Office and Administrative Support, with 74 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 30 employees, and Service with 27 employees.

Finances

Endowment

$101M
2017 Endowment
4.87%
decline from 2016

Millsaps College has an endowment valued at about $101M, as of the end of the 2017 fiscal year. The endowment of Millsaps College declined 4.87% from the previous year. The value of their endowment was $63.6M 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. $581k - Federal
  2. $0 - State
  3. $0 - Local

As of 2017, Millsaps College received $581k 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

$16M
2017 Salaries
0.925%
growth from 2016

In 2017, Millsaps College paid a median of $16M in salaries, which represents 40% of their overall expenditure ($40M) and a 0.925% growth from the previous year. This is compared to a 0.754% decline from 2015 and a 3.02% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$6.04M
Instructional Salaries
88
Number of Employees

In 2017, Millsaps College paid a total of $6.04M to 88 employees working as instructors, which represents 37.7% of all salaries paid.

This is compared to a median of $4.89M (34.4%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
29 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
74 Employees

In 2017, the most common positions for instructional staff at Millsaps College were Associate professor with 29 employees; Assistant professor with 29 employees; and Assistant professor with 23 employees.

In 2017, the most common positions for non-instructional staff at Millsaps College were Office and Administrative Support with 74 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees; and Service with 27 employees.

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Instructors by Academic Rank and Gender

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

In 2017, the most common demographic for instructional staff at Millsaps College was Female Assistant professor with 17 employees, Male Professor with 16 employees, and Male Associate professor with 16 employees.

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

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