University of Memphis
Memphis, TNPublicRank 665 of 1,732
Heads-up: 33% of undergraduates here are part-time and 21% study fully online (IPEDS fall 2023). Large part-time, online or adult populations can make the later-years average look lower for reasons unrelated to freshman aid, so this college is left out of the default traditional ranking.
Freshman grant vs later years
Average grant per recipient, IPEDS SFA 2022-23.
Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.
Average net price by family income (2022-23)
| Family income | Avg net price |
|---|---|
| $0–30k | $10,985 |
| $30–48k | $12,003 |
| $48–75k | $15,357 |
| $75–110k | $18,600 |
| $110k+ | $19,252 |
First-time, full-time students receiving Title IV aid, in-state. Source: IPEDS SFA 2022-23.
Published cost (IPEDS)
| Tuition and fees (in-state), 2022-23 | $10,056 |
| Tuition and fees (in-state), 2023-24 | $10,344 |
| Change | $288 (+2.9%) |
| Tuition and fees (out-of-state), 2023-24 | $14,784 |
| On-campus room and board, 2023-24 | $10,344 |
Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.
Tuition and fees trend (in-state)
Published tuition and required fees, +11.0% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.
Average net price trend
Average net price for first-time, full-time students receiving grant aid, in-state. Source: IPEDS SFA 2022-23.
Outcomes and aid profile
| Bachelor's graduation rate within 6 years | 49% |
| Full-time freshman retention (return for year 2) | 71% |
| Freshmen receiving Pell Grants | 57% |
| Freshmen taking federal loans | 43% |
| Average federal loan (freshmen who borrow) | $5,187 |
| Aid drop one year earlier (2021-22) | $16 |
Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.
Compare with other colleges Compare with the two most similar
More: all TN colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports
Similar colleges
| College | Freshman grant | Drop |
|---|---|---|
| Austin Peay State University | $11,247 | −$701 |
| The University of Tennessee-Knoxville | $11,491 | $63 |
| The University of Tennessee-Martin | $10,326 | $47 |
| Tennessee Technological University | $10,214 | $828 |
| Middle Tennessee State University | $9,942 | $183 |
Same state and control, closest average freshman grant. All colleges in this state.
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