University of Memphis Tuition And Financial Aid

University of Memphis Tuition And Expenses

Cost of Attendance In-state: $20,481 Out-of-state: $32,194
Tuition and Fees
In-state: $9,700 Out-of-state: $21,413
Room and Board
$9,366
Books and Supplies
$1,415
Other Expenses
Not reported
Payment Plans Credit card, installment plan

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University of Memphis Applying For Financial Aid

Financial Aid Office
E-mail financialaid@memphis.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline Priority deadline March 1 Final deadline May 1
Award Notification On a rolling basis beginning March 15
Methodology for Awarding Institutional Aid Federal Methodology
Forms Required Cost to File

University of Memphis Profile Of 2016-17 Financial Aid

Freshmen
Financial Aid Applicants 2,599 (98.2%) of freshmen
Found to Have Financial Need 2,204 (84.8%) of applicants
Received Financial Aid 1,927 (87.4%) of applicants with financial need
Need Fully Met 107 (5.6%) of aid recipients
Average Percent of Need Met 68%
Average Award $10,501
Need-Based Gift
Received by 1,606 (83.3%) of aid recipients, average amount $6,909
Need-Based Self-Help
Received by 1,452 (75.4%) of aid recipients, average amount $4,047
Merit-Based Gift
Received by 1,291 (67.0%) of aid recipients
Merit-Based Gift 99 (3.7%) of freshmen had no financial need and received merit aid, average amount $6,030
All Undergraduates
Financial Aid Applicants 12,358 (99.9%) of undergraduates
Found to Have Financial Need 10,384 (84.0%) of applicants
Received Financial Aid 9,376 (90.3%) of applicants with financial need
Need Fully Met 1,412 (15.1%) of aid recipients
Average Percent of Need Met 72%
Average Award $9,985
Need-Based Gift
Received by 7,426 (79.2%) of aid recipients, average amount $6,370
Need-Based Self-Help
Received by 7,569 (80.7%) of aid recipients, average amount $4,273
Merit-Based Gift
Received by 5,612 (59.9%) of aid recipients
Merit-Based Gift 1,341 (10.8%) of undergraduates had no financial need and received merit aid, average amount $6,229
Borrowing
2016 Graduates Who Took Out Loans 67%
Average Indebtedness of 2016 Graduates $27,155
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid
6.0%
Parents of Students Not Receiving Aid
1.0%

University of Memphis Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins 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, State scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas Engineering/Technologies, English, Health Fields, Home Economics, Humanities, International Studies, Mathematics, Military Science, Physical Sciences, Premedicine, Social Sciences, Biological Sciences, Business, Communication, Computer Science, Education
Number of Awards
Not reported
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas Art/Fine Arts, Cinema/Film/Broadcasting, Creative Writing, Dance, Journalism/Publications, Music, Theater/Drama
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas Cheerleading/Drum Major, Community Service, Leadership
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Characteristics Award Areas Adult Students, Children of Educators, Children of Faculty/Staff, Children of Public Servants, Handicapped Students, Members of Minorities, Public Servants
Number of Awards
Not reported
Top Areas (By Money Awarded)
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from On-Campus Employment $2,754