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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
3720 Alumni Ave
Memphis, TN 38152


Fax number: (901) 678-3053
Website: https://www.memphis.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

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

EXPENSES
Undergraduate tuition: $8,520; $16,200 out-of-state
Book fees: $920
Miscellaneous expenses: $3,714
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $10,344

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoN/A
State Aid FormN/AnoN/A

Date award notification begins: December 1
Applied for financial aid:
96% of first-year students
89% of full-time undergraduates
Determined to have financial need:
80% of first-year students
79% of full-time undergraduates
Students determined to have financial need who received any financial aid:
99% of first-year students
98% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
57% of first-year students
58% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
90% of first-year students
71% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
11% of first-year students
11% 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):
57% for first-year students
56% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,650 for first-year students
$12,417 for full-time undergraduates
Average need-based gift award:
$8,325 for first-year students
$7,714 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,411 for first-year students
$4,160 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,309 for first-year students
$4,122 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
20% of first-year students
18% 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):
$6,015 for first-year students
$6,571 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
  • Many need-based scholarships/grants are available. Contact our financial aid office for details
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.