How Much Financial Assistance is Offered?
$36,935 is the standard Millsaps College's freshman financial aid offer. Around 100.0% of incoming students obtain financial aid, the majority of which is scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. However, student loans must be paid back, so they are not a true college discount.
We feel that loan debt should be viewed as an "outcome" and not "aid". Learn more on student loan debt at Millsaps.
How Much Is Available in Grants & Scholarships?
The numbers below refer to aid which is supplied by Millsaps College.
100.0% of freshmen (259 total) were offered scholarships at Millsaps College, averaging $26,915 a piece. This ranks in the top 20th percentile of all colleges in the nation.
86 first years got federal grant aid. About 33.0% of Millsaps freshmen obtained grants around $5,595 per person.
The graph below shows the average amount of grant and scholarship aid given to all first year students.
Scholarships are merit-based, while grants are awarded based on financial need.
Financial Aid by Income Level
The below table demonstrates scholarship and grant distributions by family income for first year students getting any kind of federally-funded Title IV aid, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||25.1%||$25,709|
Title IV aid contains loans, grants, or work-study awarded by the government commonly according to need. Learn more here.
Grants & Scholarships for All Undergrads Is $26,973
98.0% of the 809 undergraduates at Millsaps College are given some sort of grant aid. This is a total of approximately 795 students receiving an average of $26,973 per person.
Millsaps College Financial Aid Information
|Financial Aid Department Website||www.millsaps.edu/financial-aid/index.php|
|Net Price Calculator||www.millsaps.edu/administrative_offices/financial_aid_net_price_calculator.php|
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