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Wednesday, October 16, 2024

Cost of college went up for all students at Millsaps College

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Tuition and fees rose 2.5 percent for 2018-19 at Millsaps College, according to recent data from the U.S. Department of Education.

Mississippi students paid $39,910 to attend the four-year private not-for-profit institution this year – $980 more than the $38,930 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 229 students received grants or scholarships totaling $7 million and 175 students took out student loans totaling more than $1.2 million.

Including all undergraduates (865), 794 students used grants or scholarships totaling $22.6 million, and 499 students took out $3.4 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~381$35,510$37,110$38,930$39,91012.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Millsaps College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants7934%$478,965$6,063
State / local grant or scholarship6629%$112,876$1,710
Institutional grants or scholarships229100%$6,419,693$28,034
Grant or scholarship aid total229100%$7,011,534$30,618
Federal student loans17476%$965,000$5,546
Other student loans219%$244,907$11,662
Student loan aid17576%$1,209,907$6,914
Total student aid229100%--

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