Applying For Financial Aid
Applying For Financial Aid
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Email
financialaid@memphis.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning December 1
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 003509 Free
Profile of 2022-23 Financial Aid
Profile of 2022-23 Financial Aid
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Freshman
Financial Aid Applicants
2,245 (96.7%) of freshmen
Found to Have Financial Need
1,822 (81.2%) of applicants
Received Financial Aid
1,807 (99.2%) of applicants with financial need
Need Fully Met
137 (7.6%) of aid recipients
Average Percent of Need Met
57%
Average Award
$13,839
Need-Based Gift
Received by 1,399 (77.4%) of aid recipients, average amount $8,924
Need-Based Self-Help
Received by 990 (54.8%) of aid recipients, average amount $3,260
Merit-Based Gift
Received by 1,372 (75.9%) of aid recipients
329 (14.2%) of freshmen had no financial need and received merit aid, average amount $3,962
All Undergraduates
Financial Aid Applicants
9,794 (89.8%) of undergraduates
Found to Have Financial Need
7,912 (80.8%) of applicants
Received Financial Aid
7,682 (97.1%) of applicants with financial need
Need Fully Met
662 (8.6%) of aid recipients
Average Percent of Need Met
53%
Average Award
$12,996
Need-Based Gift
Received by 5,710 (74.3%) of aid recipients, average amount $8,131
Need-Based Self-Help
Received by 4,437 (57.8%) of aid recipients, average amount $4,017
Merit-Based Gift
Received by 5,143 (66.9%) of aid recipients
1,516 (13.9%) of undergraduates had no financial need and received merit aid, average amount $3,897
All Undergraduates
2024 Graduates Who Took Out Loans
57%
Average Indebtedness of 2024 Graduates
$27,993
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
Alternative/Private Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Contact our financial aid office for more information
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Architecture
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
English
Health Fields
Home Economics
Humanities
International Studies
Mathematics
Military Science
Physical Sciences
Premedicine
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Art/Fine Arts
Cinema/Film/Broadcasting
Creative Writing
Dance
Journalism/Publications
Music
Theater/Drama
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Cheerleading/Drum Major
Community Service
Leadership
Number of Awards
Not reported
Special Characteristics Award Areas
Adult Students
Children of Educators
Children of Faculty/Staff
Children of Public Servants
First-Generation College Students
Handicapped Students
International Students
Local/State Students
Members of Minorities
Public Servants
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,360
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.