Millsaps College

www.millsaps.edu/

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2021 Undergraduate Tuition

$40,140

3.99% growth from 2020

2021 Average Net Price

$23,839

After Financial Aid

2019 Student Loan

1.03%

Default Rate

2021 Acceptance Rate

68.1%

2,220 Applicants

2021 Enrolled Students

666

97.6% Full-Time

2021 Graduation Rate

61.5%

136 Graduates

About

Millsaps College is a higher education institution located in Hinds County, MS. In 2021, the most popular Bachelors Degree concentrations at Millsaps College were General Business Administration & Management (32 degrees awarded), General Biological Sciences (27 degrees), and General Psychology (15 degrees).

In 2021, 214 degrees were awarded across all undergraduate and graduate programs at Millsaps College. 51.9% of these degrees were awarded to women, and 48.1% awarded men. The most common race/ethnicity group of degree recipients was white (137 degrees), 3.61 times more than then the next closest race/ethnicity group, black or african american (38 degrees).

The median undergraduate tuition at Millsaps College is $40,140, which is $11,635 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Millsaps College is $40,140, which is $11,635 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $23,839.

In 2021, 99% of undergraduate students attending Millsaps College received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$40,140

2021 Undergraduate Tuition

In 2021, the cost of tuition at Millsaps College was $40,140. The cost of tuition at Millsaps College is $11,635 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$23,839

2021 Value

1.75%

1 Year Growth

In 2021 Millsaps College had an average net price — the price paid after factoring in grants and loans — of $23,839. Between 2020 and 2021, the average net price of Millsaps College grew by 1.75%.

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

$1,200

Books and Supplies

The average yearly cost of room and board at Millsaps College was of $14,134 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change 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

99%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Millsaps College received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, 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.

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.

1.03%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Millsaps College was 1.03%, which represents 2 out of the 195 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.

Admissions

Millsaps College received 2,220 undergraduate applications in 2021, which represents a 20.6% annual growth. Out of those 2,220 applicants, 1,511 students were accepted for enrollment, representing a 68.1% acceptance rate.

There were 666 students enrolled at Millsaps College in 2021. 4% of first-time enrollees submitted SAT scores with their applications.

Millsaps College has an overall enrollment yield of 13.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.1%

Acceptance Rate in 2021

1,511

Accepted Out of 2,220

In 2021, the undergraduate acceptance rate of Millsaps College was 68.1% (1,511 admissions from 2,220 applications). This is lower than the acceptance rate of 2020, which was 69.8%. Between 2020 and 2021, the number of applicants grew by 20.6%, while admissions declined by −22.6%..

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 (2021)

Scores Submitted (2021)

4% of enrolled first-time students at Millsaps College in 2021 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.

Enrollment

Millsaps College had a total enrollment of 666 students in 2021. The full-time enrollment at Millsaps College is 650 students and the part-time enrollment is 16. 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 61.1% White, 24.6% Black or African American, 3.9% Hispanic or Latino, 2.85% Asian, 0.45% American Indian or Alaska Native, and 0.15% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millsaps College in full-time Undergraduate programs are most commonly White Female (30.7%), followed by White Male (29.6%) and Black or African American Male (13.1%). Students enrolled in full-time Graduate programs are most commonly White Male (44.4%), followed by White Female (27.8%) and Black or African American Female (16.7%).

Full-Time vs Part-Time Enrollment

97.6%

Full-Time Enrollment

The total enrollment at Millsaps College in 2021, both undergraduate and graduate, is 666 students. The full-time enrollment at Millsaps College is 650 and the part-time enrollment is 16. This means that 97.6% of students enrolled at Millsaps College are enrolled full-time compared with 79.9% 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

71%

2021 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 71%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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 (2021)

White
407 enrolled students
Black or African American
164 enrolled students
Hispanic or Latino
26 enrolled students

The enrolled student population at Millsaps College is 61.1% White, 24.6% Black or African American, 3.9% Hispanic or Latino, 2.85% Asian, 0.45% American Indian or Alaska Native, and 0.15% 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 55% White, 13.5% Black or African American, and 13.4% 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, 28 students (4.2%) did not report their race.

Graduates

In 2021, 8 more women than men received degrees from Millsaps College. The most common race/ethnicity group of degree recipients at Millsaps College is white (137 degrees awarded). There were 3.61 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

The most common Bachelor's Degree concentration at Millsaps College is General Business Administration & Management (32 degrees awarded), followed by General Biological Sciences (27 degrees) and General Psychology (15 degrees).

In 2021, 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 (45 degrees awarded), English (12 degrees), and History (5 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers (500,370 people), Physicians (430,229 people), Other managers (389,259 people), Elementary & middle school teachers (344,586 people), and Postsecondary teachers (311,732 people).

The most specialized majors at Millsaps College in 2021 are Biology (45 degrees awarded), English (12 degrees), History (5 degrees), Social Sciences (31 degrees), and Language & Linguistics (5 degrees) (as of 2021).

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 Securities, commodities, & financial services sales agents

The most specialized majors at Millsaps College are Biology (45 degrees awarded), English (12 degrees), History (5 degrees), Social Sciences (31 degrees), and Language & Linguistics (5 degrees) (as of 2021).

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 (781,462 people), Colleges, universities & professional schools, including junior colleges (679,923 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (601,620 people), Legal services (399,995 people), and Computer Systems Design (276,328 people).

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 (2021)

General Business Administration & Management
32 degree-majors awarded
General Biological Sciences
27 degree-majors awarded
General Psychology
15 degree-majors awarded

In 2021, the most common bachelors degree concentration at Millsaps College was General Business Administration & Management with 32 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

103

Degrees Awarded to Men

in 2021

111

Degrees Awarded to Women

in 2021

In 2021, 103 degrees were awarded to men at Millsaps College, which is 0.928 times less than the number of degrees awarded to females (111).

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

Most Common Male Majors

In 2021, 38 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 2 times more than the 19 female recipients with that same degree.

Most Common Female Majors

In 2021, 19 degrees were awarded to men at Millsaps College in General Business Administration & Management, which is 0.5 times less than the 38 male recipients with that same degree.

Time to Complete

63%

100% Completion Time

72%

150% Completion Time

In 2021, 63% of students graduating from Millsaps College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Millsaps College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 1.47% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
137 degrees awarded
Black or African American
38 degrees awarded
Hispanic or Latino
11 degrees awarded

The most common race/ethnicity at Millsaps College is white (137 degrees awarded). There were 3.61 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

4.21% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
71 degrees awarded
White Male
66 degrees awarded
Black or African American Male
19 degrees awarded

The most common race/ethnicity and sex grouping at Millsaps College is white female (71 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (66 degrees).

Operations

Millsaps College has an endowment valued at nearly $110M, as of the end of the 2021 fiscal year. The return on its endowment was of 26.6M (24.3%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Millsaps College had a total salary expenditure of 32.1M. Millsaps College employs 26 Associate professors, 21 Professors and 14 Assistant professors. Most academics at Millsaps College are Female Associate professor (16), Male Professor (14), and Male Associate professor (10).

The most common positions for non-instructional staff at Millsaps College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 41 employees, Office and Administrative Support, with 33 employees, and Management with 21 employees.

Endowment

$110M

2021 Endowment

24.5%

growth from 2020

Millsaps College has an endowment valued at about $110M, as of the end of the 2021 fiscal year. The endowment of Millsaps College grew 24.5% from the previous year. The value of their endowment was $57.3M 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

$14.2M

2021 Salaries

7.58%

decline from 2020

In 2021, Millsaps College paid a median of $14.2M in salaries, which represents 44.1% of their overall expenditure ($32.1M) and a 7.58% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$4.92M

Instructional Salaries

Number of Employees

In 2021, Millsaps College paid a total of $4.92M to 67 employees working as instructors, which represents 34.7% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

26 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

41 Employees

In 2021, the most common positions for instructional staff at Millsaps College were Associate professor with 26 employees, Professor with 21 employees, and Assistant professor with 14 employees.

In 2021, the most common positions for non-instructional staff at Millsaps College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 41 employees, Office and Administrative Support with 33 employees, and Management with 21 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Associate professor
Male Professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Millsaps College was Female Associate professor with 16 employees, Male Professor with 14 employees, and Male Associate professor with 10 employees.

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