Financial Aid & Scholarships

Our commitment to affordability

We believe a Millsaps education should be affordable for you. We will review your application, evaluate it according to your unique circumstances and provide personalized assistance.

Millsaps College

Financial Resources

Financial Aid

We provide a variety of financial aid options for admitted students. In fact, 95% of our students receive some type of financial aid.

Scholarships

If you’re admitted to Millsaps, you already qualify for merit-based scholarships! We can also help you find additional scholarships to stack onto our financial aid package.

Grants, Loans & Work-Study

Our Financial Aid Office provides grants, loans and work-study funds to help offset the cost of college. We have federal, state and private solutions available.

Military Aid

Millsaps College provides military service members and veterans a wide array of financial aid as well as military benefits.

About Financial Aid

You are encouraged to apply for financial aid regardless of your family’s income level. Many factors affect eligibility, such as household income, household size and poverty level. Your offer could be made up of a combination of different types of aid, including grants, scholarships and federal work-study funds. 

Even if you don’t believe you are eligible, take the time to apply for financial assistance. You might be surprised to find out assistance is available.

Need help? Call us at 601.974.1220 or email us!

For an estimate of your federal financial aid for 2024-2025, you can use the Federal Student Aid Estimator on the Federal Student Aid website. This tool estimates the Student Aid Index (SAI) for 2024-2025 and the federal aid for which you may qualify.

Applying for Federal Financial Aid

There are two steps to applying for financial aid:

1

Request a Federal Student Aid ID (FSA ID)

You and your parent/guardian must each request an FSA ID at https://studentaid.gov/fsa-id/create-account/launch for an electronic signature on the FAFSA.

2

Submit your Free Application for Federal Student Aid (FASFA)

Submit your FAFSA at https://studentaid.gov/h/apply-for-aid/fafsa.
Millsaps School Code: 002414

NOTE: There are many changes coming to the 2024-25 FAFSA application. Because of significant changes, the 2024-25 FAFSA were not available until sometime in December 2023. The federal Department of Education has indicated that schools will start receiving students’ FAFSA results by mid-March of 2024.

To complete the FAFSA, you will need:

  • Your social security number
  • Your Alien Registration Number (if you are not a U.S. citizen)
  • Your federal income tax returns (including schedules), W-2s and other records of money earned
  • Bank statements and records of investments (if applicable)
  • Records of untaxed income (if applicable)
  • A Federal Student Aid ID to sign electronically.
  • Millsaps School Code: 002414

If you are a dependent student, then you will also need most of the above information for your parent(s).

The priority deadline for financial aid is April 1. Most of the information required on the FAFSA will come from the prior-prior year’s tax return.

Financial Aid Staff

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