Financial Aid

Tuition, fees, and financial assistance information for University of Memphis

Memphis, TN

In-State Tuition

$8,520

Out-of-State Tuition

$12,960

Average Net Price

$13,656

Price Difference

-$5,136

Avg. financial aid

Tuition & Fees

In-State Students $8,520

Annual tuition for residents of TN

Out-of-State Students $12,960

Annual tuition for non-residents

Average Net Price $13,656

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$10,985

$30,001 - $48,000

$12,003

$48,001 - $75,000

$15,357

$75,001 - $110,000

$18,600

Over $110,000

$19,252

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

2,244 of 2,322 students

97%

Grants & Scholarships

Recipients

2,167 (93%)

Average Award

$11,234

Federal Pell Grants

Recipients

1,327 (57%)

Average Award

$6,427

Aid by Source

State & Local Grants

1,643 recipients (71%)

$5,614 avg

Institutional Grants

1,544 recipients (66%)

$4,051 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

6,478

39% of students

Average Loan Amount

$6,630

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00350900
IPEDS ID: 220862

Use these codes when applying for federal financial aid

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