Millsaps College
Jackson, MS 39210
About Millsaps College
Millsaps College is a private research university in Jackson, Mississippi, enrolling about 549 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 43.12% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $53,848 among students who received federal aid.
Key findings
- Millsaps College charges 52% above the national private non-profit median tuition ($44,680).
- Versus the Mississippi median, sticker tuition is about 9.3×.
- Completion within 150% of normal time is 57.14%.
- Median earnings 10 years after entry are $53,848.
Research findings
Finding
Modeled return on investment at Millsaps College is strong.
Estimated ROI reaches about 417% using Scorecard cost and 10-year earnings fields in this extract.
Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.
Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.
Cost benchmarks
| Benchmark | Median Tuition | Median Net Price | Count |
|---|---|---|---|
| Millsaps College | $44,680 | $26,034 | 1 |
| Private Non-profit (national median) | $29,325 | — | 1,444 |
| Mississippi (state median) | $4,806 | $6,747 | 37 |
| Suburban (locale median) | $13,135 | $18,048 | 684 |
| United States (national median) | $11,900 | $17,156 | — |
Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.
Average net price is 42% below published tuition at Millsaps College
Key findings
- Millsaps College's average net price ($26,034) is 42% below published tuition ($44,680).
- Millsaps College charges 52% above the national private non-profit median tuition ($44,680).
- Versus the Mississippi median, sticker tuition is about 9.3×.
Millsaps College tuition
Published undergraduate tuition $44,680
Finding Millsaps College charges 52% above the national private non-profit median tuition.
Evidence Published tuition is $44,680. That is 52% above the national private non-profit median ($29,325). Versus the Mississippi median ($4,806), sticker tuition is about 9.3×. Versus the U.S. median ($11,900), sticker is about 3.8×.
Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.
Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.
Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.
Evidence: published tuition at Millsaps College versus school-type, state, locale, and U.S. medians.
Evidence: average net price at Millsaps College versus state, locale, and U.S. medians.
What undergraduates typically pay
Finding Average net price at Millsaps College is $26,034.
Evidence College Scorecard average net price is $26,034 (cost of attendance minus average grant aid for aided undergraduates). That is about $19,287 above the Mississippi median net price. Versus suburban campuses, net price runs $7,986 above the locale median.
Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.
Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.
Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.
Key takeaway Millsaps College’s published tuition substantially overstates typical undergraduate cost: average net price is about 42% lower after grants and scholarships.
Millsaps College: research record
Canonical EDsmart Data findings for Millsaps College—costs, outcomes, admissions, and programs—with evidence and methodology notes.
Research findings
Interpretation
The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.
Financial profile
Annual tuition
$44,680
Avg. net price
$26,034
Net price by family income
| Income bracket | Avg. annual net price |
|---|---|
| $0–$30,000 | $24,215 |
| $30,001–$48,000 | $23,719 |
| $48,001–$75,000 | $23,062 |
| $75,001–$110,000 | $27,049 |
| $110,001+ | $30,945 |
Sticker tuition × four years (estimate, no room/board): $178,720. See cost investigation.
Student outcomes
Share of first-year students returning the following fall.
Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.
What Millsaps College is known for
Top program completions
- Business Administration and Management, General63
- Accounting22
- Biology/Biological Sciences, General21
- Neuroscience10
- Psychology, General10
See earnings & programs for more.
Admissions landscape
- Selective — about half of applicants (or fewer) are admitted.
- Yield: 15% of admitted students enrolled.
- Average SAT: 1181
- Midpoint ACT: 25
See Admissions for the full funnel.
Is Millsaps College a good school?
Data-framed fit—not a prestige rating.
Millsaps College is a good school for those looking for strong completion alongside solid mid-career earnings.
EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.
More from the data
Location, control, enrollment, and aid context for Millsaps College.
Campus
Location
Jackson, MS
City / state
- ZIP
- 39210
- NCES locale
- Suburb
Compared with Suburban campuses nationally, net price is 44% above the median for Suburban campuses ($18,048 median).
Control
Institution type
Private Non-profit
Control
- Region
- Southeast
- Carnegie
- Baccalaureate Colleges: Diverse Fields
Size
Enrollment
549
Total enrollment
- Undergraduate
- 576
- Graduate
- 44
- Full-time share
- 99%
Student aid
Debt & aid
$27,000
Median federal loan debt
- Pell grant share
- 36.94%
Total Cost, Aid & Default
Total Cost of Attendance
Tuition vs average net price after aid for Millsaps College.
Financial Aid by Income Level
Financial aid distribution by income level.
Student Loan Default Rate
The published 3-year cohort default rate for borrowers at Millsaps College was 0.00%.
Cohort default rates account for borrowers who default in the first three years.
Tuition tracker
Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Millsaps College in that year.
Reporting years in the table below: 2013–2023 (Scorecard labels refer to the institutional submission cycle).
| Year | In-state tuition & fees | Out-of-state tuition & fees | Average net price |
|---|---|---|---|
| 2013 | $32,520 | $32,520 | $23,321 |
| 2014 | $33,982 | $33,982 | $21,360 |
| 2015 | $35,510 | $35,510 | $21,209 |
| 2016 | $37,110 | $37,110 | $22,065 |
| 2017 | $38,930 | $38,930 | $22,292 |
| 2018 | $39,910 | $39,910 | $23,390 |
| 2019 | $41,314 | $41,314 | $23,821 |
| 2020 | $41,314 | $41,314 | $23,169 |
| 2021 | $42,960 | $42,960 | $23,691 |
| 2022 | $43,815 | $43,815 | $26,812 |
| 2023 | $43,815 | $43,815 | $25,291 |
Sticker tuition and net price over time
Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.
College Scorecard reporting-year fields (not inflation-adjusted).
Net price by family income
Brackets follow Scorecard definitions for the series shown (public vs private institution).
Latest income-band net prices available in the processed extract.
How difficult is it to get in?
Acceptance Rate
This institution is selective, accepting about half of all applicants.
Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.
Test Scores
Average 1181 (middle 50% not reported)
Midpoint 25 (middle 50% not reported)
Scores for enrollees who submitted tests (College Scorecard).
Academic Requirements
Estimated from admission selectivity and test scores. Scorecard does not publish admitted-student GPA for most institutions.
Estimated range · median 3.20
Estimated GPA band from selectivity and test scores — not an official requirement.
Enrollment & Student Demographics
Millsaps College reported total enrollment of about 549 students in the latest College Scorecard extract. The student body is about 55% male and 45% female. Enrollment by race and ethnicity includes White (58.3%), Black or African American (22.9%), and Hispanic or Latino (6.2%). About 36.94% of undergraduates receive Pell Grants. Roughly 16.7% of students are first-generation college students.
Full-Time vs Part-Time Enrollment
98.9% Full-Time Enrollment
The total enrollment at Millsaps College in 2024 is 549 students.
Undergraduate enrollment is about 576 students. Graduate enrollment is about 44 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
58.0%
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.
Retention rate over time compared to similar institutions.
Enrollment by Race & Ethnicity
Largest share of total enrollment in our College Scorecard extract.
College Scorecard student demographics (total enrollment shares).
Do students complete their programs?
Time to Complete
54.29% 100% Completion Time
57.14% 150% Completion Time
In 2024, 54.29% of students graduating from Millsaps College completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
Completions by Sex (Top Programs)
- Business Administration and Management, General: 73% male / 27% female
- Accounting: 50% male / 50% female
- Biology/Biological Sciences, General: 33% male / 67% female
IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).
Completions by Race & Ethnicity
Largest group by summed IPEDS award counts across reported programs.
Summed across program completion records in our extract.
Millsaps College graduates earn a median of $53,848 ten years after entry
Finding Earnings, debt, and program mix define the financial profile of Millsaps College.
Evidence Median earnings 10 years after entry: $53,848. Median federal loan debt: $27,000. Average net price used in cost models: $26,034.
Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.
Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.
Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.
Key takeaway Millsaps College graduates report median earnings of $53,848 ten years after entry—an institution-wide outcomes signal, not a program guarantee.
Return on Investment
Debt and 4-year net cost vs. cumulative 10-year median earnings for Millsaps College.
Top Programs by Completions
Largest 10 programs by IPEDS completions (20 reported codes; aggregate/unknown CIP buckets excluded).
IPEDS award counts for the largest programs at Millsaps College.
Employment Outcomes
Median earnings 6, 8, and 10 years after entry for Millsaps College graduates.
How financially powerful is this institution?
Finding: federal finance and Scorecard instructional fields for Millsaps College—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.
Institutional endowment
$103.4M
End-of-year assets · Fiscal year 2023
- Mississippi median 7.5× the median ($13.8M)
- Southeast median 5.3× the median ($19.4M)
- U.S. median 3.9× the median ($26.4M)
- Mississippi median 22× the median ($6,527)
- Southeast median 15× the median ($9,308)
- U.S. median 12× the median ($12,100)
Instructional Resources
- Full-time faculty share: 79.0%
- Mississippi median 10.1 pp above median (68.9%)
- Southeast median 19.6 pp above median (59.4%)
- U.S. median 21.1 pp above median (58.0%)
- Average faculty salary (monthly): $8,256
- Mississippi median 1.3× the median ($6,386)
- Southeast median 1.2× the median ($6,825)
- U.S. median 1.1× the median ($7,615)
- Instructional expenditure per FTE: $19,734
- Mississippi median 3.4× the median ($5,852)
- Southeast median 3.0× the median ($6,602)
- U.S. median 2.7× the median ($7,288)
Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.
Millsaps College at a glance
Millsaps College
Millsaps College is a private non-profit institution in Jackson, MS, classified as Baccalaureate Colleges: Diverse Fields.
- Largest programs (IPEDS awards)
- Business Administration and Management, GeneralAccountingBiology/Biological Sciences, General
- Largest enrollment groups
- White or Caucasian58.3%Black or African American22.9%Hispanic or Latino6.2%
Schools near Millsaps College
Other campuses in Jackson, MS when available, plus nearby institutions in Mississippi.
Similar schools
Peers matched by the same EDsmart outcomes grade (Grade C-) within Mississippi, then by similar ownership and admissions.
Frequently Asked Questions
Where is Millsaps College located?
Millsaps College is located in Jackson, MS.
What is Millsaps College's acceptance rate?
The acceptance rate at Millsaps College is 43.1% among first-time degree-seeking students reporting admissions data. IPEDS reports 2,058 applicants and 1,009 admits in the latest admissions cycle in our extract.
What is Millsaps College's tuition?
Millsaps College tuition (published undergraduate sticker price) is $44,680 in the latest College Scorecard data. Average net price after grant aid is $26,034 for undergraduates receiving Title IV aid.
How much does Millsaps College cost?
Reported tuition is $44,680 and average net price is $26,034 in the latest College Scorecard data. On-campus room and board is estimated at $14,210 annually.
Why is Millsaps College's net price so much lower than tuition?
At Millsaps College, published tuition is $44,680 while average net price is $26,034—about 42% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.
What explains Millsaps College's return on investment in EDsmart Data?
EDsmart Data models ROI using campus average net price ($26,034), completion (57.1% within 150% of normal time where reported), and median earnings ten years after entry ($53,848). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.
What is the student body demographics at Millsaps College?
Millsaps College reports undergraduate enrollment of about 576 students, White (58.3%), Black or African American (22.9%) in federal College Scorecard data.
How many first-generation students attend Millsaps College?
About 16.7% of students at Millsaps College are first-generation college students.
What test scores do students need for Millsaps College?
Among enrolled students who submitted scores, Millsaps College reports midpoint SAT about 1181 and midpoint ACT about 25.
What do graduates of Millsaps College earn?
Median earnings are $46,137 six years after entry and $53,848 ten years after entry.
What is the graduation rate at Millsaps College?
The 150%-time completion rate is 57.1% for the cohort reported to the College Scorecard.
How much debt do Millsaps College students have?
Median federal loan debt among completers is $27,000.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology & Data Scope
This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.
Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.