Applying For Financial Aid
Applying For Financial Aid
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Email
financialaid@memphis.edu
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 2019-20 Financial Aid
Profile of 2019-20 Financial Aid
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Freshman
Financial Aid Applicants
2,520 (97.5%) of freshmen
Found to Have Financial Need
2,067 (82.0%) of applicants
Received Financial Aid
2,067 (100.0%) of applicants with financial need
Need Fully Met
193 (9.3%) of aid recipients
Average Percent of Need Met
54%
Average Award
$12,510
Need-Based Gift
Received by 1,432 (69.3%) of aid recipients, average amount $7,686
Need-Based Self-Help
Received by 1,155 (55.9%) of aid recipients, average amount $3,217
Merit-Based Gift
Received by 1,702 (82.3%) of aid recipients
481 (18.6%) of freshmen had no financial need and received merit aid, average amount $4,159
All Undergraduates
Financial Aid Applicants
10,688 (94.4%) of undergraduates
Found to Have Financial Need
9,037 (84.6%) of applicants
Received Financial Aid
9,028 (99.9%) of applicants with financial need
Need Fully Met
555 (6.1%) of aid recipients
Average Percent of Need Met
46%
Average Award
$11,004
Need-Based Gift
Received by 6,412 (71.0%) of aid recipients, average amount $6,666
Need-Based Self-Help
Received by 5,744 (63.6%) of aid recipients, average amount $3,999
Merit-Based Gift
Received by 6,011 (66.6%) of aid recipients
1,928 (17.0%) of undergraduates had no financial need and received merit aid, average amount $3,357
All Undergraduates
2018 Graduates Who Took Out Loans
54%
Average Indebtedness of 2018 Graduates
$24,739
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
$2,281
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2020-21 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.