Applying For Financial Aid
Applying For Financial Aid
expand icon
Email
financialaid@memphis.edu
Net Price Calculator
Tap Here
Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning December 1
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 003509 Free
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
expand icon
Freshman
Financial Aid Applicants
2,424 (95.6%) of freshmen
Found to Have Financial Need
2,070 (85.4%) of applicants
Received Financial Aid
2,043 (98.7%) of applicants with financial need
Need Fully Met
129 (6.3%) of aid recipients
Average Percent of Need Met
54%
Average Award
$13,601
Need-Based Gift
Received by 1,648 (80.7%) of aid recipients, average amount $8,610
Need-Based Self-Help
Received by 1,062 (52.0%) of aid recipients, average amount $3,099
Merit-Based Gift
Received by 1,515 (74.2%) of aid recipients
266 (10.5%) of freshmen had no financial need and received merit aid, average amount $4,461
All Undergraduates
Financial Aid Applicants
10,143 (90.4%) of undergraduates
Found to Have Financial Need
8,330 (82.1%) of applicants
Received Financial Aid
8,087 (97.1%) of applicants with financial need
Need Fully Met
530 (6.6%) of aid recipients
Average Percent of Need Met
50%
Average Award
$12,363
Need-Based Gift
Received by 6,275 (77.6%) of aid recipients, average amount $7,855
Need-Based Self-Help
Received by 4,557 (56.3%) of aid recipients, average amount $3,920
Merit-Based Gift
Received by 4,576 (56.6%) of aid recipients
1,156(10.3%)of undergraduates had no financial need and received merit aid,average amount $4,448
All Undergraduates
2024 Graduates Who Took Out Loans
54%
Average Indebtedness of 2024 Graduates
$25,193
Financial Aid Programs
Financial Aid Programs
expand icon
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 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 © 2025 Peterson's LLC. All rights reserved.