univstats

Millsaps Financial Aid

Number Received Financial Aid (All Undergraduate) 619
Percent Received Financial Aid(All Undergraduate) 99%
Average Aid Amount $32,953
Number Received Financial Aid (Freshmen) 181
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at Millsaps

For the academic year 2023-2024, a total of 619 students (99% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $32,953. For freshmen (Full-time, first-time degree-seeking undergraduate students), 181 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Millsaps College is $44,680, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 619 students (99% of all students) have received grants or scholarships and the average received aid amount is $32,953. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Millsaps College for all undergraduate students.
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 aid61999%$32,953
Pell Grants22336%$5,188
Federal Student Loans38461%$6,604

Beginning Students Financial Aid

a total of 181 beginning students (100% of all freshmen) have received any financial aid and 181 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Millsaps College.
Beginning Students (Freshmen) Financial Aid at Millsaps College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid181100%-
Grants or Scholarship from All Sources181100%$33,975
Federal Grants8245%$6,539
Pell Grants8245%$5,240
Other Federal Grants7944%$1,349
State/Local Grants4223%$4,073
Institutional Grants181100%$30,068
Student Loans12871%$8,557
Federal Student Loans12569%$5,680
Other Student Loans2413%$16,057