University of Memphis: Tuition & Loans

Overall Rating: Overall Ranking - OustandingQuality: Education Quality Rating - OustandingSafety: Capmus Safety Rating - Below AverageCosts: Tuition & Fees Cost Rating - Below Average
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Tuition and fees per year
$22,700
Average tuition charges at University of Memphis are high - around $21,400 per academic year. The additional fees at University of Memphis not covered by tuition are nearly $1,300, which totals $22,700 per year.

If you are thinking about a less costly option in TN - visit the Affordable Colleges in Tennessee ranking. The chart below shows University of Memphis tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in University of Memphis and Competing Colleges

University of Memphis Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at University of Memphis is $1,400 a year; which is a reasonable price if compared to other colleges in Tennessee.

FAFSA Application

FAFSA Code
2015-2016
003509
If you would like to file your FAFSA application for Federal Student Aid, the school code for University of Memphis is 003509. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides financial aid to eligible students. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
7%
The government reported that the median federal student loan amount for University of Memphis is approximately $7,500.

At the same time, 6.70% of the recent University of Memphis graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (6.70%) is low and might lead to a conclusion that University of Memphis graduates have very good career perspectives.

Learn More About University of Memphis

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