Murray State University Financial Aid

Murray State University Tuition and Financial Aid

September 5, 2021 by Prasanthi Leave a Comment

Murray State University Tuition And Expenses

Cost of Attendance	In-state: $22,390 Out-of-state: $36,778
Tuition and Fees	In-state: $8,340 Out-of-state: $22,728
Room and Board	$8,906
Books and Supplies	$1,265
Other Expenses	$3,879
Payment Plans	Credit card, installment plan, deferred payment

Murray State University Applying For Financial Aid

Financial Aid Office
E-mail
Web Site	Financial Aid Web Site
Net Price Calculator URL	Net Price Calculator URL

Application Process
Application Deadline	Priority deadline October 1
Award Notification	On a rolling basis beginning December 15
Methodology for Awarding Institutional Aid	Federal Methodology

Forms Required	Cost to File
FAFSA Code is 001977	Free

Murray State University Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants	1,252 (85.8%) of freshmen
Found to Have Financial Need	992 (79.2%) of applicants
Received Financial Aid	991 (99.9%) of applicants with financial need
Need Fully Met	253 (25.5%) of aid recipients
Average Percent of Need Met	35%
Average Award	$12,919
Need-Based Gift	Received by 910 (91.8%) of aid recipients, average amount $6,658
Need-Based Self-Help	Received by 654 (66.0%) of aid recipients, average amount $5,290
Merit-Based Gift	Received by 125 (12.6%) of aid recipients
Merit-Based Gift	154 (10.6%) of freshmen had no financial need and received merit aid, average amount $5,927

All Undergraduates
Financial Aid Applicants	5,353 (75.9%) of undergraduates
Found to Have Financial Need	4,415 (82.5%) of applicants
Received Financial Aid	4,405 (99.8%) of applicants with financial need
Need Fully Met	1,159 (26.3%) of aid recipients
Average Percent of Need Met	31%
Average Award	$12,577
Need-Based Gift	Received by 3,774 (85.7%) of aid recipients, average amount $6,089
Need-Based Self-Help	Received by 3,357 (76.2%) of aid recipients, average amount $6,856
Merit-Based Gift	Received by 333 (7.6%) of aid recipients
Merit-Based Gift	478 (6.8%) of undergraduates had no financial need and received merit aid, average amount $5,056

Borrowing
2016 Graduates Who Took Out Loans	49%
Average Indebtedness of 2016 Graduates	$27,564
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid	6.0%
Parents of Students Not Receiving Aid	1.0%

Murray State University Financial Aid Programs

Loans
Federal Loans	Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans, Federal Nursing loans
State Loans
Other Loans	College/university loans

Scholarships and Grants
Need-Based Available	Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available	Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, Minority scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships, Job skill scholarships, Leadership scholarships

Non-Need Awards
Academic Interest/Achievement Award Areas	Engineering/Technologies, English, Health Fields, Home Economics, Humanities, International Studies, Mathematics, Military Science, Agriculture, Physical Sciences, Premedicine, Social Sciences, Biological Sciences, Business, Communication, Computer Science, Education
Number of Awards	2,033
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas	Art/Fine Arts, Dance, Journalism/Publications, Music, Theater/Drama
Number of Awards	155
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas	Memberships, Rodeo
Number of Awards	263
Top Areas (By Money Awarded)
Special Characteristics Award Areas	Adult Students, Children of Faculty/Staff, Local/State Students, Members of Minorities, Out-of-State Students
Number of Awards	612
Top Areas (By Money Awarded)

Employment
Work-Study Programs	Federal work study available, other work study available
Average Earnings from On-Campus Employment	$1,584