Cost Details
- In-State Tuition
- $43,815
- Out-of-State Tuition
- $43,815
- Average Net Price
- $25,291
- Students Receiving Financial Aid
- 35.6%
- Room & Board (On Campus)
- $14,210
- Room & Board (Off Campus)
- $14,058
- Books & Supplies
- $650
- Total Cost of Attendance
- $58,675
- Median Debt at Graduation
- $27,000
- Estimated Monthly Loan Payment
- $286/mo
- Loan Repayment Rate
- 74.6%
- Students Taking Federal Loans
- 61.2%
- Pell Grant Recipients
- 35.6%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $20,651 |
| $30,001 – $48,000 | $20,231 |
| $48,001 – $75,000 | $26,671 |
| $75,001 – $110,000 | $26,007 |
| $110,001+ | $32,686 |
Cost Estimator
Cost Overview
Families at Millsaps pay an average of $25,291 annually after financial aid, bringing the four-year total to around $101,164. The college adjusts costs based on family income, with families earning under $30,000 paying about $20,651 per year while those earning over $110,000 pay $32,686. Nearly 40% of students receive institutional grants averaging $32,669, which helps offset the $58,675 sticker price.
Graduates typically leave with $27,000 in debt, translating to monthly payments of $286. With median earnings hitting $53,848 ten years after graduation, that debt load remains manageable for most alumni. The 74.62% loan repayment rate suggests graduates generally handle their obligations well. Lower-income families get the best financial deal here, paying roughly half what wealthy families contribute while accessing the same small-class education that produces notable writers like Eudora Welty and John Grisham.
Graduates typically leave with $27,000 in debt, translating to monthly payments of $286. With median earnings hitting $53,848 ten years after graduation, that debt load remains manageable for most alumni. The 74.62% loan repayment rate suggests graduates generally handle their obligations well. Lower-income families get the best financial deal here, paying roughly half what wealthy families contribute while accessing the same small-class education that produces notable writers like Eudora Welty and John Grisham.
Official Net Price Calculator
Get a personalized cost estimate from Millsaps College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.