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
July 1
Award Notification
On or about December 1
High School Program
College preparatory program is not required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 003509 Free
Profile of 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
2,368 (97.1%) of freshmen
Found to Have Financial Need
1,852 (78.2%) of applicants
Received Financial Aid
1,847 (99.7%) of applicants with financial need
Need Fully Met
221 (12.0%) of aid recipients
Average Percent of Need Met
58%
Average Award
$12,287
Need-Based Gift
Received by 1,194 (64.6%) of aid recipients, average amount $8,409
Need-Based Self-Help
Received by 912 (49.4%) of aid recipients, average amount $3,207
Merit-Based Gift
Received by 1,784 (96.6%) of aid recipients
545 (22.3%) of freshmen had no financial need and received merit aid, average amount $6,450
All Undergraduates
Financial Aid Applicants
11,348 (91.6%) of undergraduates
Found to Have Financial Need
9,081 (80.0%) of applicants
Received Financial Aid
8,909 (98.1%) of applicants with financial need
Need Fully Met
833 (9.4%) of aid recipients
Average Percent of Need Met
55%
Average Award
$11,842
Need-Based Gift
Received by 6,374 (71.5%) of aid recipients, average amount $7,438
Need-Based Self-Help
Received by 5,197 (58.3%) of aid recipients, average amount $4,006
Merit-Based Gift
Received by 6,940 (77.9%) of aid recipients
2,193 (17.7%) of undergraduates had no financial need and received merit aid, average amount $6,295
All Undergraduates
2018 Graduates Who Took Out Loans
87%
Average Indebtedness of 2018 Graduates
$28,863
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
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
$2,569
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2021-22 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2022 Peterson's LLC. All rights reserved.