Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$13,777
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $10,056 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $14,280 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $10,126 |
| Books and Supplies | $1,600 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
56%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
43%
Average Aid Per Year
$10,776
43%
Average Federal Grant Aid Per Year
$3,910
Average Institution Grant Aid Per Year
$3,884
76%
Average State Grant Aid Per Year
$4,872
93%
Average Federal Grant Aid Per Year
$3,910
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$55,310,816
Total Non-Need-Based Scholarships/Grants
$45,054,318
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
53%
Average Loan Amount Per Year
$5,571
Students receiving federal loans
53%
Average Federal Loans Per Year
$5,089
Average Other Loans Per Year
$11,162
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$16,857
Loan Default Rate
10%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$239
What Students Are Saying
I have my entire tuition, room, meal plan, and books paid for with scholarships.
Margaret from Henry, TN
The great thing about this school is you have the opportunity to drop classes if you feel uneasy, whether you really feel the class is not for you or whether you will fail the first test, you have the opportunity to redeem yourself before the deadline or just before its too late. there's also a wide range of food choices, so you'll never go hungry. Full-time (12+ hrs) freshmen and sophomores will have a chance to get a meal plan, and a 300 debit balance. You can find more information about dining dollars at the University of Memphis website which is www.memphis.edu.
Lakiesha from Memphis, TN
Out of state graduate... not eligible for the HOPE scholarship, so I'm paying out of pocket.
Margaret from Germantown, TN
Wow! Scholarships here are amazing, and academic scholarships begin with a 26 ACT. TN residents with a 21 automatically get $4000 a year from HOPE, so if you excelled in high school and have high grades and a lengthy resume, everything will be covered. You might even get PAID to attend!
The resources on this campus are all free and range from psychological counseling to interview preparations. We have a great newspaper, and the University sponsors many free events as well. And... our new University Center offers inexpensive, great food!
The resources on this campus are all free and range from psychological counseling to interview preparations. We have a great newspaper, and the University sponsors many free events as well. And... our new University Center offers inexpensive, great food!
A Local Student
to be honest, we have a rather reasonable tuition here compared to most places that offer maybe half of what the university of memphis offers.
Rachel from Memphis, TN
All I can say is that it is worth it.
Jocelynn from Memphis, TN
The college is relatively inexpensive with low student fees. The student fees are always put to use, with daily activities on campus, many of which bring in celebrities, bands and other events of interest to students. A plethora of scholarships are also available from The University itself and private donors.
Chelsea from Memphis, TN
My GI Bill was able to fund my education without much difficulty and am considering graduate school there right now.
I'm very satisfied with the housing, classes, and meal plans at the University. The resources on campus are amazing and free!There is also the free gym, computer labs, study spaces, access into all University of Memphis games. The Uof M definitely gives students bang for there buck.
Cedrick from Bartlett, TN
The University of Memphis is a 4-year university whose teachers, facilities, and educational programs rival those of widely acknowledged universities, such as Columbia University and Penn State. However, the University of Memphis is an inexpensive 4-year university.
Students who reside in surrounding counties of the university are able to considered â??in-state,â?? which allows them to pay a cheaper tuition. As a student, $300 dining dollars are built into your tuition that can be used either to buy meals or even buy books at the campus bookstore.
With no major roads running through the campus, the need to have a vehicle is little to none. In fact, the university sponsors a bus line called the â??Blue Lineâ?? that is available to all students free of charge-just have to have Student ID. The â??Blue Lineâ?? transports around campus, near local markets such as Kroger and Walmart, and even to athletic events. Most importantly, a â??Blue Lineâ?? bus is guaranteed to pass by designated pick up stations every 7 minutes.
Students who reside in surrounding counties of the university are able to considered â??in-state,â?? which allows them to pay a cheaper tuition. As a student, $300 dining dollars are built into your tuition that can be used either to buy meals or even buy books at the campus bookstore.
With no major roads running through the campus, the need to have a vehicle is little to none. In fact, the university sponsors a bus line called the â??Blue Lineâ?? that is available to all students free of charge-just have to have Student ID. The â??Blue Lineâ?? transports around campus, near local markets such as Kroger and Walmart, and even to athletic events. Most importantly, a â??Blue Lineâ?? bus is guaranteed to pass by designated pick up stations every 7 minutes.
Khalil from Horn Lake, MS
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