Major Pay is our convenient and affordable online payment plan!
Registration for fall payment plans begins in June. Registration for spring payment plans begins in November.
Remember, you must sign up for a new plan each semester.
Student account information can be viewed online through your Major Portal account. Billing statements will be made available to you on-line and via mail approximately 45 days prior to the start of each semester. Fall semester statements will be available the first week of July. Spring semester statements will be available mid-November. Please use the semester statements and refer to Payment Options to determine the best payment method for you. Please review your statement carefully. If you have any questions regarding your billing statement, or if you make changes in your schedule or housing assignment, please contact the Business Office at 601.974.1100. The following are items that should be considered when reviewing your statements each term.
HOUSING charges should be checked on the billing statement. If the hall indicated is not where you plan to live, please inform the Business Office immediately. A meal plan is required for all students living on campus.
FINANCIAL AID is based on assistance awarded to the student.
- If your financial aid is based on full-time enrollment and/or living on campus, the charges on the billing statement must reflect the same. If they do not, your financial awards may be reduced or eliminated.
- All loan applications should be submitted to the Office of Financial Aid prior to the payment due dates specified in our payment options. Parent PLUS Loans and all non-federal loans, Alternative Loans, must be guaranteed as of registration date to be included as part of your payment.
REFUNDS OF CREDIT BALANCES: If requested, refunds will be issued 10 business days after the first day of class each term or after all financial awards and loan proceeds are received and posted to the student account.
REFUNDS RESULTING FROM WITHDRAWAL FROM SCHOOL: Room rent cannot be refunded after the semester has started. Unused amounts paid in advance for board are refundable. A student who withdraws with good reason from a course or courses will have seven days including the date of the first meeting of classes to receive a refund of 80 percent of tuition and fees; within two weeks, 60 percent; within three weeks, 40 percent; and within four weeks, 20 percent. If a student remains in the College as long as four weeks, no refund will be made except for unused board. Students receiving federal financial aid will be subject to the federal guidelines with respect to withdrawal. Please refer to the Executive MBA Catalog for refund information pertaining to that program.
RETURN OF TITLE IV (FEDERAL) FUNDS WHEN A STUDENT WITHDRAWS: Under the Higher Education Amendments of 1998, the amount of aid a student has earned for the enrollment period, is based on the length of time the student remains enrolled for that period. Therefore, the percentage of the enrollment period completed is also the percentage of aid the student has earned. If a student withdraws on or before the 60% point of the enrollment period, the percentage of aid earned is equal to the percentage of time completed. A student who remains enrolled beyond the 60% point of the enrollment period, has earned 100% of the aid for that period. (There would be no unearned aid.)
Repayment of the Unearned Amount is calculated as follows:
School will return:
— the lesser of the amount of unearned Title IV aid or unearned Institutional Charges
Student will return:
— the unearned amount of Title IV Grants
— the student’s and parent’s unearned portion of federal loan proceeds will not be returned, but is to be repaid to the loan holders according to the terms of the borrower’s promissory note.
Return of funds due by the school and the student and/or parent are charged back to the student’s account and returned to the applicable student aid programs.
The Unearned Amount of Title IV aid must be returned to the applicable Title IV aid programs in the following order:
- Federal Unsubsidized Direct Loans (other than PLUS Loans)
- Federal Subsidized Direct Loans
- Federal PLUS Loans
- Direct PLUS Loans Federal Pell Grants for which a return of funds is required.
- ACG Grants for which a return of funds is required.
- National SMART Grants for which a return of funds is required.
- Federal SEOG Grants for which a return of funds is required.
- Federal TEACH Grants for which a return of funds is required.
- Iraq and Afghanistan Service Grant for which a return is required.
— Non-federal aid funds will be returned based on Institutional Refund Policy and returned in the following fund order: State, Institutional, then External funds.
— Examples of the application of the refund policy are available in the Business Office. The information contained in this section is subject to change, without notice, in order to comply with federal, state, or College requirements. A student may obtain a refund of any overpayment on his or her account by making a request in the Business Office.
— The date of withdrawal from which all claims to reductions and refunds will be referred is the date on which the coordinator of records is officially notified by the student of the intention to withdraw. (See regulations relative to withdrawals.)
— The College reserves the right to cancel the registration of any student at any time. In such a case, the pro rata portion of tuition will be returned. Students withdrawing or removed under disciplinary action forfeit the right to a refund.
BOOKSTORE VOUCHERS: Students with a credit balance shown on their student account may qualify for a bookstore voucher to be used in the Millsaps Bookstore to purchase textbooks and supplies. If you qualify and notate you would like to use funds toward miscellaneous goods and services on your financial responsibility agreement, you can go to the bookstore during the first two weeks of the semester to purchase your books.
Student Financial Responsibility Agreement
All students are required to submit a financial responsibility agreement each academic year.
This agreement should be submitted to the Business Office no later than August 1 or upon registration if after August 1. Completed forms will be submitted electronically to the Business Office through the JotForm link above.
Required Parent Form
This authorization is to be submitted by any individual applying for a Federal Parent Loan which will be used to cover the student’s cost of attendance. This form covers the same federal requirements as discussed in Student Authorization but is to be completed by the borrowing parent.
NOTE: If this loan creates a credit balance on the student account and a refund is requested, the refund check is always issued in the student’s name and sent to the student’s permanent/home address.
All forms will be held on file in the Business Office and referenced as needed. These forms will remain in effect until a written statement revising or rescinding the listed information is submitted to the Business Office. Students are required to update this information annually.
The Business Office staff is excited that you have selected Millsaps College for your education and college experience. Our Student Account Representatives are here to assist you in managing financial arrangements for your education and in completing your registration requirements. It is our goal to provide courteous service and knowledgeable responses to inquiries made by our students and their families.
We look forward to assisting you and wish you an exciting and challenging academic year. If you have questions concerning your student account, please contact the Business Office at 601.974.1100 or 1.800.352.1050, ext. 1100.