Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $30,727 and the average loan amount is $6,643. The average financial aid amount is 70.13% of tuition & fees (tuition & fees: $43,815).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid660 99%$20,279,988$30,727
Pell Grants216 32%$1,073,745$4,971
Federal Students Loans412 62%$2,737,011$6,643

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 164 students have received one or more types of financial aid at Millsaps College.
The average amount of federal, state, local or institutional grant aid is $33,563 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,036.
The following table shows the financial data by type of aid at Millsaps College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid164100%--
Grant or scholarship aid164 100%$5,504,262$33,563
Federal Grants66 40%$422,000$6,394
Pell Grants66 40%$339,020$5,137
Other Federal Grants65 40%$82,980$1,277
State/Local Grants62 38%$151,744$2,447
Institutional Grants164 100%$4,930,518$30,064
Student Loans129 79%$1,036,689$8,036
Federal Student Loans128 78%$692,095$5,407
Other Student Loans23 14%$344,594$14,982