University of Memphis Cost & Financial Aid Information

$13,873
Average Net Price
84%
Receive Aid
55%
Pell Recipients
Very Affordable
Affordability

Average Net Price

The average net price at University of Memphis is $13,873 per year after grants and scholarships are applied.

Overall Average Net Price

$13,873

Average amount students pay per year after financial aid

Net Price by Family Income

$0-30,000$10,707
$30,001-48,000$11,924
$48,001-75,000$14,696
$75,001-110,000$17,608
$110,000+$18,087

Financial Aid

University of Memphis demonstrates strong commitment to educational accessibility, with 84% of undergraduate students receiving financial aid and 55% benefiting from federal Pell grants for demonstrated financial need.

Students Receiving Aid

84%

Of undergraduate students receive some form of financial assistance

Pell Grant Recipients

55%

Of students receive federal Pell grants for demonstrated financial need

Grants & Scholarships

Gift aid that doesn't need to be repaid

Work-Study Programs

Part-time employment opportunities on campus

Student Loans

Federal and private loan options available

Combined Sticker Price (Undergraduate)

The sticker price represents the total cost before any financial aid is applied. In-state students can expect a sticker price of $10,344 annually for tuition and fees, while out-of-state students pay $14,784. Additional costs for room, board, books, and personal expenses will vary based on your living arrangements and lifestyle choices. Commuting students pay approximately $12,744, which is 46% cheaper than on-campus living.

Tuition & Fees Comparison

Annual Tuition & Fees

In-State: $10,344

Out-of-State: $14,784

In-State Students

On Campus Living

Tuition & Fees$10,344
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$25,544

Off Campus Living

Tuition & Fees$10,344
Room & Board$10,000
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$2,000

Total Estimated Cost$25,044

Out-of-State Students

On Campus Living

Tuition & Fees$14,784
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$29,984

Off Campus Living

Tuition & Fees$14,784
Room & Board$10,000
Books & Supplies$1,200
Transportation$2,000
Personal Expenses$2,000

Total Estimated Cost$29,984

Commuting Students

Students living at home and commuting to campus can significantly reduce their costs.

In-State Commuter

Tuition & Fees$10,344
Books & Supplies$1,200
Transportation$1,000
Personal Expenses$1,500

Total$14,044

Out-of-State Commuter

Tuition & Fees$14,784
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$1,500

Total$18,984

Cost Analysis

Analyze how Memphis's costs have changed over time. Over the past year, University of Memphis has decreased costs by $378, representing a 2.7% reduction in average net price.

Cost Trends

Previous Year

$14,251

Current Year

$13,873

Change

$-378

Affordability & Value

University of Memphis is committed to providing accessible, high-quality education with strong return on investment.

Affordability Rating

Very Affordable

Based on average net price compared to national averages

Investment Value

Students receiving aid84%
Pell grant recipients55%
Student-faculty ratio17:1