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National Application Center :: campus tours :: University of Memphis costs & financial aid

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University of Memphis

University of Memphis
Memphis, TN 38152

Official telephone: (901) 678-2000
Website: https://www.memphis.edu/
Screen last updated on: September 2025

The financial aid information below is valid for the 2025 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
npc.collegeboard.org/app/
memphis

EXPENSES
Undergraduate tuition: $9,336; $17,550 out-of-state
Miscellaneous expenses: $3,714
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $11,654

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAApril 1noN/A
State Aid FormN/AnoN/A

Date award notification begins: December 1
Applied for financial aid:
96% of first-year students
90% of full-time undergraduates
Determined to have financial need:
85% of first-year students
82% of full-time undergraduates
Students determined to have financial need who received any financial aid:
99% of first-year students
97% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
52% of first-year students
56% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
74% of first-year students
57% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
6% of first-year students
7% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
54% for first-year students
50% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$13,601 for first-year students
$12,363 for full-time undergraduates
Average need-based gift award:
$8,610 for first-year students
$7,855 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,099 for first-year students
$3,920 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,084 for first-year students
$3,906 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
10% of first-year students
10% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$4,461 for first-year students
$4,448 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Nursing Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
  • United Negro College Fund
  • Contact our financial aid office for more information
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.