Disclosed herein are pharmaceutical compositions for oral administration. The compositions are premixed aqueous suspensions of methylprednisolone and/or homogeneous aqueous suspensions of methylprednisolone. The pharmaceutical compositions include either about 2 mg/ml to about 4 mg/ml methylprednisolone or, alternatively, about 3 mg/ml to about 4 mg/ml methylprednisolone. The pharmaceutical compositions are exceptionally stable upon storage and are palatable.