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EarningsPlus
Economic score
Millsaps College is a private liberal arts college located in Jackson, Mississippi. Millsaps College is moderately inclusive in their admissions.
Return on educational investment at Millsaps College is in the top 50% of all ranked schools. The median student earns $55,194 10 years after enrolling, 1st in Mississippi, and in the top 50% nationally. When adjusted for earning differences by major, Millsaps College bachelor students earn 16% less than the national average. Millsaps College is ranked 3rd in Mississippi.
Millsaps College’s median net annual cost of $23,169 and average years to graduate of 4.2 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 2 programs at Millsaps College sorted by number of graduates - Business Administration, Psychology - are shown below.
Annual net cost
$23,169
Average years to graduate
4.2
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 1 graduate programs at Millsaps College - Business Administration - are shown below.
The average full-time graduate completes their degree in 4.2 years. 70% of all students graduate within 8 years. The graduation rate at Millsaps College is 16% higher than the state average, and 1% above the average for all liberal arts colleges in the country.
At Millsaps College, Pell Grant recipients represent 32% of the measured graduating class, 3% lower than the national average of 35%. The average Pell Grant recipient at Millsaps College graduates within 4.1 years.
Millsaps College is in the top 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Millsaps College’s economic mobility score of 17.97 is calculated by adjusting the 3.26 economic score of lower-income students by the 32% pell grant recipients within the student body. Millsaps College’s EMS of 17.97 ranks in the top 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at Millsaps College pays $23,169 a year, $35,347 less than the $58,516 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $23,169
Much of the gap between net price and sticker price is filled by institutional and government grants. At Millsaps College, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $23,169 on average to be covered by the student – be it through loans or out of pocket. In total, 79% of students take out loans, federal or private, at an average amount of $8,036. This is 25% more than the national average.
Federal grants
$5,407
Pell grants
$4,971
State grants
$2,447
Institutional grants
$30,064
Millsaps College's moderately inclusive admissions are indicated by their 68% acceptance rate. In 2021, the school had 2,220 applicants, of which 1,511 were admitted and 201 enrolled. Millsaps College has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
100%
83%
Female
50%
59%
First time
82%
59%
In-state
43%
68%
1st generation
17%
35%
White
61%
52%
Black
25%
14%
Hispanic
5%
15%
Asian
3%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
6%
12%