Millsaps College's published cost of attendance is $60,061, but need-based aid reshapes that figure across income levels. Low-income families pay approximately $24,215; middle-income families pay around $23,062; higher-income families pay approximately $30,945.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $60,061 |
| Tuition and Fees | $44,680 |
| Room and Board | $14,210 |
| Books and Supplies | $650 |
| Average Financial Aid (Grants and Scholarships) | -$34,027 |
| Average Net Price (What Families Pay) | $26,034 |
| Family Income | Net Price |
|---|---|
| $0–30k | $24,215 |
| $30–48k | $23,719 |
| $48–75k | $23,062 |
| $75–110k | $27,049 |
| $110k+ | $30,945 |
Millsaps College's published cost of attendance is $60,061, but need-based aid reshapes that figure across income levels. Low-income families pay approximately $24,215; middle-income families pay around $23,062; higher-income families pay approximately $30,945. Azimuth ranks Millsaps College #1211 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown. Millsaps College structures aid through need-based grants and scholarships, with families applying using the FAFSA. The college participates in federal (Pell Grants, Direct Loans), state, and institutional aid programs. The gap between sticker price and net price reflects the institution's commitment to meeting demonstrated financial need through institutional aid, though the extent of that commitment varies by income band. Median federal student loan debt at graduation is $27,000, and families using Parent PLUS borrow a median of $47,050; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the Parent PLUS risk framework for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $67,303, median federal debt of $27,000 projects to a monthly payment of about $305 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
How much students borrow and whether debt is manageable given outcomes.
Debt-to-earnings data not available.
How cost compares to graduate earnings and value added.
Graduates of Millsaps College earn median 4-year earnings of $67,303, placing Millsaps College in the 71.3 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Azimuth ranks Millsaps College #309 for return on investment among nonprofit four-year institutions. The earnings trajectory reflects both the institution's focus on Biological Sciences and the broader career outcomes across its liberal arts portfolio. Millsaps College's program mix centers on fields with direct workforce pathways. Business Administration is the largest program with 35 graduates earning median 4-year earnings of $76,477, representing 1.1× the national benchmark for the field. Biology, General and Psychology, General follow as substantial enrollment clusters, with Sociology and Rhetoric and Composition/Writing Studies rounding out the institution's core academic signature. This concentration in applied and life-sciences fields aligns with MS's regional labor-market demand and contributes to the institution's competitive earnings positioning among peer private colleges.
