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What is the average financial aid amount at Millsaps College?

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For the academic year 2022-2023, total 231 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 691 students (99% of all students) received grants or scholarships and the average grant amount is $31,629. In addition, 445 students received student loans and the average loan amount is $5,971.

Below tables show the number and amount by source of financial aid at Millsaps College.
All Undergraduate Student Financial Aid at Millsaps College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid69199%$31,629
Pell Grants24034%$4,993
Federal Student Loans44564%$5,971
Beginning Students (Freshmen) Financial Aid at Millsaps College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid231100%-
Grants or Scholarship from All Sources231100%$32,669
Federal Grants10244%$5,981
Pell Grants10244%$4,797
Other Federal Grants10043%$1,208
State/Local Grants5423%$2,343
Institutional Grants231100%$29,480
Student Loans17977%$6,511
Federal Student Loans17977%$4,479
Other Student Loans2611%$13,992
see more grants, scholarship, student loans, and other financial aid stats

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