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
Not reported
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 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
1,919 (99.3%) of freshmen
Found to Have Financial Need
1,611 (83.9%) of applicants
Received Financial Aid
1,610 (99.9%) of applicants with financial need
Need Fully Met
105 (6.5%) of aid recipients
Average Percent of Need Met
68%
Average Award
$19,031
Need-Based Gift
Received by 1,300 (80.7%) of aid recipients, average amount $9,786
Need-Based Self-Help
Received by 1,279 (79.4%) of aid recipients, average amount $5,728
Merit-Based Gift
Received by 1,331 (82.7%) of aid recipients
215 (11.1%) of freshmen had no financial need and received merit aid, average amount $4,982
All Undergraduates
Financial Aid Applicants
10,151 (97.2%) of undergraduates
Found to Have Financial Need
8,095 (79.8%) of applicants
Received Financial Aid
8,008 (98.9%) of applicants with financial need
Need Fully Met
556 (6.9%) of aid recipients
Average Percent of Need Met
61%
Average Award
$16,706
Need-Based Gift
Received by 6,388 (79.8%) of aid recipients, average amount $9,163
Need-Based Self-Help
Received by 5,938 (74.2%) of aid recipients, average amount $6,210
Merit-Based Gift
Received by 4,832 (60.3%) of aid recipients
977(9.4%)of undergraduates had no financial need and received merit aid,average amount $4,575
All Undergraduates
2024 Graduates Who Took Out Loans
55%
Average Indebtedness of 2024 Graduates
$25,635
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
Not reported
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2026 Peterson's LLC. All rights reserved.