Millsaps College

www.millsaps.edu

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2024 Undergraduate Tuition

$41,750

1.98% growth from 2023

2024 Average Net Price

$27,737

After Financial Aid

2024 Acceptance Rate

43.1%

2,340 Applicants

2024 Enrolled Students

593

97.6% Full-Time

2024 Graduation Rate

57.1%

140 Graduates

About

Millsaps College is a higher education institution located in Hinds County, MS. In 2024, the most popular Bachelors Degree concentrations at Millsaps College were General Business Administration & Management (34 degrees awarded), General Biological Sciences (21 degrees), and Accounting (12 degrees).

In 2024, 179 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 (113 degrees), 2.51 times more than then the next closest race/ethnicity group, black or african american (45 degrees).

The median undergraduate tuition at Millsaps College is $41,750, which is $13,572 more than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Millsaps College is $41,750, which is $13,572 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $27,737.

In 2024, 95% of undergraduate students attending Millsaps College received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$41,750

2024 Undergraduate Tuition

In 2024, the cost of tuition at Millsaps College was $41,750. The cost of tuition at Millsaps College is $13,572 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$27,737

2024 Value

3.73%

1 Year Growth

In 2024 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $27,737. Between 2023 and 2024, the average net price of Millsaps College grew by 3.73%.

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

$14,134

Room and Board

$650

Books and Supplies

The average yearly cost of room and board at Millsaps College was of $14,134 in 2024. The cost of room and board decreased by 1.71% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $650. The cost of books and supplies decreased by 45.8% 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

95%

Undergraduates Receiving Financial Aid through Grants

59%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Millsaps College received financial aid through grants or loans in 2024. This represents a decline of 4.04% with respect to 2023, 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.

Admissions

Millsaps College received 2,340 undergraduate applications in 2024, which represents a 13.7% annual growth. Out of those 2,340 applicants, 1,009 students were accepted for enrollment, representing a 43.1% acceptance rate.

There were 593 students enrolled at Millsaps College in 2024. 5% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 17.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.1%

Acceptance Rate in 2024

1,009

Accepted Out of 2,340

In 2024, the undergraduate acceptance rate of Millsaps College was 43.1% (1,009 admissions from 2,340 applications). This is lower than the acceptance rate of 2023, which was 49%. Between 2023 and 2024, the number of applicants grew by 13.7%, while admissiomns remained the same.

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 (2024)

Scores Submitted (2024)

5% of enrolled first-time students at Millsaps College in 2024 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 593 students in 2024. The full-time enrollment at Millsaps College is 579 students and the part-time enrollment is 14. This means that 97.6% of students enrolled at Millsaps College are enrolled full-time.

The enrolled student population at Millsaps College, both undergraduate and graduate, is 58.2% White, 22.6% Black or African American, 6.24% Hispanic or Latino, 3.37% Asian, 1.35% Two or More Races, 1.18% American Indian or Alaska Native, and 0.169% 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%) and Black or African American Male (13.6%). Students enrolled in full-time Graduate programs are most commonly White Male (40.8%), followed by White Female (18.4%) and Black or African American Male (14.5%).

Full-Time vs Part-Time Enrollment

97.6%

Full-Time Enrollment

The total enrollment at Millsaps College in 2024, both undergraduate and graduate, is 593 students. The full-time enrollment at Millsaps College is 579 and the part-time enrollment is 14. This means that 97.6% of students enrolled at Millsaps College are enrolled full-time compared with 78.9% 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

58%

2024 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 58%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), 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 (2024)

White
345 enrolled students
Black or African American
134 enrolled students
Hispanic or Latino
37 enrolled students

The enrolled student population at Millsaps College is 58.2% White, 22.6% Black or African American, 6.24% Hispanic or Latino, 3.37% Asian, 1.35% Two or More Races, 1.18% American Indian or Alaska Native, and 0.169% 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 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 22 students (3.71%) did not report their race.

Graduates

In 2024, 15 fewer women than men received degrees from Millsaps College. The most common race/ethnicity group of degree recipients at Millsaps College is white (113 degrees awarded). There were 2.51 times more white recipients than the next closest race/ethnicity group, black or african american (45 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Business Administration & Management (34 degrees awarded), followed by General Biological Sciences (21 degrees) and Accounting (12 degrees).

In 2024, 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 (40 degrees awarded), English (9 degrees), and Language & Linguistics (3 degrees).

Common Jobs by Major

Accountants & auditors

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 (1,044,173 people), Other managers (927,360 people), Financial managers (559,643 people), Chief executives & legislators (467,641 people), and Physicians (446,599 people).

The most specialized majors at Millsaps College in 2024 are Biology (40 degrees awarded), English (9 degrees), Language & Linguistics (3 degrees), Business (85 degrees), and History (3 degrees) (as of 2024).

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, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Millsaps College are Biology (40 degrees awarded), English (9 degrees), Language & Linguistics (3 degrees), Business (85 degrees), and History (3 degrees) (as of 2024).

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 (1,057,101 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (873,264 people), Colleges, universities & professional schools, including junior colleges (844,861 people), Computer Systems Design (703,516 people), and Banking & related activities (492,906 people).

The most specialized majors at Millsaps College are Biology (40 degrees awarded), English (9 degrees), Language & Linguistics (3 degrees), Business (85 degrees), and History (3 degrees) (as of 2024).

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 (2024)

General Business Administration & Management
34 degrees awarded
General Biological Sciences
21 degrees awarded
Accounting
12 degrees awarded

In 2024, the most common bachelors degree concentration at Millsaps College was General Business Administration & Management with 34 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 2024

Degrees Awarded to Women

in 2024

In 2024, 97 degrees were awarded to men at Millsaps College, which is 1.18 times more than the number of degrees awarded to females (82).

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

Most Common Male Majors

In 2024, 46 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 2.71 times more than the 17 female recipients with that same degree.

Most Common Female Majors

In 2024, 17 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 0.37 times less than the 46 male recipients with that same degree.

Time to Complete

55%

100% Completion Time

57%

150% Completion Time

In 2024, 55% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 57% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
113 degrees awarded
Black or African American
45 degrees awarded
Hispanic or Latino
8 degrees awarded

The most common race/ethnicity at Millsaps College is white (113 degrees awarded). There were 2.51 times more white recipients than the next closest race/ethnicity group, black or african american (45 degrees).

0.559% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
116 degrees awarded
White Male
106 degrees awarded
White Female
103 degrees awarded

The most common race/ethnicity and sex grouping at Millsaps College is white male (116 degrees awarded). There were 1.09 times more white male recipients than the next closest race/ethnicity group, white male (106 degrees).

Operations

Millsaps College has an endowment valued at nearly $110M, as of the end of the 2024 fiscal year. The return on its endowment was of 13.4M (12.1%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Millsaps College had a total salary expenditure of 36.5M. Millsaps College employs 22 Associate professors, 21 Professors and 18 Assistant professors. Most academics at Millsaps College are Male Professor (14), Female Associate professor (12), and Male Assistant 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 44 employees, Office and Administrative Support, with 32 employees, and Management with 29 employees.

Endowment

$110M

2024 Endowment

6.88%

growth from 2023

Millsaps College has an endowment valued at about $110M, as of the end of the 2024 fiscal year. The endowment of Millsaps College grew 6.88% from the previous year. The value of their endowment was $61M 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

$15.4M

2024 Salaries

4.68%

growth from 2023

In 2024, Millsaps College paid a median of $15.4M in salaries, which represents 42.1% of their overall expenditure ($36.5M) and a 4.68% growth from the previous year. This is compared to a 2.89% growth between 2022 and 2023, and a 0.731% growth between 2021 and 2022.

Instructional Salaries

$5.28M

Instructional Salaries

Number of Employees

In 2024, Millsaps College paid a total of $5.28M to 71 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Millsaps College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 44 employees, Office and Administrative Support with 32 employees, and Management with 29 employees.

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