Tuition and Funding Options

Making the decision to continue your education and advance your career is a significant one, and one that involves both time and financial investment. Millsaps is committed to helping you navigate through the process of applying for financial aid, both federal and state, and loans, grants, and scholarships. 

Academic Year 2022-2023

Graduate Tuition  
MBA/MAcc Tuition $982/graduate credit hour
Comprehensive Fee $20/graduate credit hour
Note: Most graduate courses are 3 credit hours.  
Executive MBA Tuition $13,750/term; $55,000 (full program)

Estimated expenses for full-time MBA and MAcc graduate students (based on full-time enrollment of 12 hours per semester) during the 2022–2023 school year are:

  • Tuition and fees—$24,048.
  • Books—$1,200.
  • Living expenses (approximate)—$16,126.

 

Additional Funding Options: 

In addition to the scholarships and graduate assistantship opportunities, below are other funding opportunities available to you. 

Military Programs and Funding

The Office of Records is the primary contact for military education benefits. Quentin Ransburg, serves as the School Certifying Official (SCO) for our military programs and Yellow Ribbon Program and can answer any questions you may have. He can be reached at ransbqm@millsaps.edu or via phone 601-974-1125. His office is located in the Academic Complex room 142.

Military Aid programs

Yellow Ribbon Program

Scholarship Databases

Create a free profile and research scholarships available to you based on your academic studies, organization memberships, and career interests.

scholarships.com

Fastweb.com

Cappex.com

Niche.com

 

Loans

Federal Direct Loans

Graduate students, enrolled for six or more semester hours during a term, are eligible to apply for Federal Direct Loans. These loans require submission of the Free Application for Federal Student Aid (FAFSA) and have both annual and lifetime aggregate limits. 

Annual Maximum Amount of Unsubsidized Loans: $20,500

Lifetime Aggregate Loan Limits: Graduate/Professional Students can borrow a maximum total of $138,500 (of which no more than $65,500 can be subsidized loans). These graduate loan limits include all loans borrowed as an undergraduate.

For additional information about Federal Loans, go to FAFSA Facts & Fiction

Direct PLUS Loan

The U.S. Department of Education makes Direct PLUS Loans to eligible graduate or professional students through schools participating in the Direct Loan Program. A Direct PLUS Loan is commonly referred to as a grad PLUS loan when made to a graduate or professional student.

 Direct Plus Loan Information

 

Student Alternative Loans

To fill the gap between financial aid and cost of attendance, graduate students may pursue Alternative Loan Funding.

 

Millsaps Payment Plans

We accept many payment methods and offer several payment options to fit your needs. All students must have their balance paid in full or enrolled in a payment plan prior to the due date for each term.

 

Employer Assistance

Many companies will reimburse tuition in whole or in part to an employee who successfully completes courses that bear a relationship to his/her job. Contact your personnel or employee training office to learn your company’s policy.

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