How Millsaps's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Millsaps College since 2013.

For that period, the average number of students who received grants aid/scholarships is 746, which is 98.33 % of all undergraduate students. 450 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $6,814.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	723 (97%)	$22,150	146 (20%)	$4,331	412 (55%)	$7,181
2014-15	749 (98%)	$23,680	164 (21%)	$4,271	423 (55%)	$7,186
2015-16	745 (98%)	$25,565	169 (22%)	$4,488	439 (58%)	$6,860
2016-17	795 (98%)	$26,973	192 (24%)	$4,480	481 (59%)	$6,896
2017-18	794 (98%)	$28,479	225 (28%)	$4,597	499 (62%)	$6,866
2018-19	790 (99%)	$29,998	232 (29%)	$4,987	486 (61%)	$6,798
2019-20	770 (99%)	$30,733	241 (31%)	$5,188	456 (59%)	$6,921
2020-21	660 (99%)	$30,727	216 (32%)	$4,971	412 (62%)	$6,643
2021-22	691 (99%)	$31,629	240 (34%)	$4,993	445 (64%)	$5,971
Average	746 (98.33%)	$27,770	203 (26.78%)	$4,701	450 (59.44%)	$6,814

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 217 (99.78 % of students) received grants or scholarships and its average amount is $30,058. It can cover 68.60% of tuition & fees ($43,815).

In addition, 154 (70.67 % of students) students get helped from the students loans (average amount : $7,263).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	170 (99%)	$24,887	110 (64%)	$7,418
2014-15	233 (99%)	$26,041	140 (59%)	$6,941
2015-16	222 (100%)	$27,608	159 (72%)	$6,998
2016-17	259 (100%)	$29,468	194 (75%)	$7,467
2017-18	229 (100%)	$30,618	175 (76%)	$6,914
2018-19	244 (100%)	$31,896	156 (64%)	$7,396
2019-20	203 (100%)	$33,776	142 (70%)	$7,689
2020-21	164 (100%)	$33,563	129 (79%)	$8,036
2021-22	231 (100%)	$32,669	179 (77%)	$6,511
Average	217 (99.78%)	$30,058	154 (70.67%)	$7,263

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 72 (33.22 % of students) received Pell (federal) grants and its average amount is $4,864.

In addition, 71 students received State/local government grants/scholarships (33.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	37 (22%)	$4,999	32 (19%)	$1,691	56 (33%)	$1,350	170 (99%)	$23,036
2014-15	56 (24%)	$4,059	39 (17%)	$1,163	93 (39%)	$2,120	233 (99%)	$24,025
2015-16	63 (28%)	$4,856	49 (22%)	$1,238	70 (32%)	$1,756	222 (100%)	$25,403
2016-17	86 (33%)	$4,618	70 (27%)	$1,200	84 (32%)	$2,141	259 (100%)	$26,915
2017-18	79 (34%)	$4,880	77 (34%)	$1,214	66 (29%)	$1,710	229 (100%)	$28,034
2018-19	73 (30%)	$5,164	68 (28%)	$1,276	92 (38%)	$2,287	244 (100%)	$29,133
2019-20	90 (44%)	$5,263	88 (43%)	$1,307	66 (33%)	$2,978	203 (100%)	$29,908
2020-21	66 (40%)	$5,137	65 (40%)	$1,277	62 (38%)	$2,447	164 (100%)	$30,064
2021-22	102 (44%)	$4,797	100 (43%)	$1,208	54 (23%)	$2,343	231 (100%)	$29,480
Average	72 (33.22%)	$4,864	65 (30.33%)	$1,286	71 (33.00%)	$2,126	217 (99.78%)	$27,333

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 154 (70.67 % of students) get any students loan help and its average loan amount is $154.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	110 (64%)	$7,418	110 (64%)	$5,659	13 (8%)	$14,880
2014-15	140 (59%)	$6,941	140 (59%)	$6,045	12 (5%)	$10,451
2015-16	159 (72%)	$6,998	159 (72%)	$5,400	19 (9%)	$13,369
2016-17	194 (75%)	$7,467	192 (74%)	$5,649	28 (11%)	$13,000
2017-18	175 (76%)	$6,914	174 (76%)	$5,546	21 (9%)	$11,662
2018-19	156 (64%)	$7,396	156 (64%)	$5,852	19 (8%)	$12,679
2019-20	142 (70%)	$7,689	142 (70%)	$5,775	20 (10%)	$13,595
2020-21	129 (79%)	$8,036	128 (78%)	$5,407	23 (14%)	$14,982
2021-22	179 (77%)	$6,511	179 (77%)	$4,479	26 (11%)	$13,992
Average	154 (70.67%)	$7,263	153 (70.44%)	$5,535	20 (9.44%)	$13,179

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Scholarships, Grants, and Loan Trends at Millsaps

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time