University of Memphis

Memphis, Tennessee


Costs to Attend University of Memphis

Are you interested in applying to University of Memphis yet wondering how much it costs or if you can afford to attend? Use our comprehensive price data and loan calculation tools to assist in determining if this school makes financial sense for you and your intended major of study.

Annual Cost

  • Total One Academic Year Cost
  • Tennessee Residents: $17,777
  • Non Tennessee Residents: $32,489
  • Cost Itemization
  • Tution for Tennessee Residents: $6,648
  • Tution for non-Tennessee Residents: $21,360
  • Room and Board or estimated off campus living expense: $8,498
  • Books and Supplies: $1,375
  • Other Fees: $1,256

The cost per year to attend University of Memphis is $17,777 for the 2012/2013 academic year. Residents outside of Tennessee have a total one year cost of $32,489. How much may your student loan payments be and can you afford to attend? If you are interested in learning more, request additional information to be sent to you from University of Memphis

All price data are reprinted from the U.S. Department of Education's 2012-2013 and 2011-2012 IPEDS Survey and represent reported costs for the 2012-2013 and 2011-2012 academic years. Please consult the school directly for the most up to date price information.

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Estimated 4 Year Cost at Current Tuition

At current published tuition rates, the estimated total tuition and living expense cost of a 4 year bachelor's degree at University of Memphis is $71,108 for students graduating in normal time. Our methodology for estimating the 4 year cost is a multiple of the most recent reported annual cost and does not factor in tuition increases.

  • 4 Year Total Cost (tuition and living expenses): $71,108
  • 4 Year Out of State Total Cost (tuition and living expenses): $129,956

Estimated Cost Per Semester

  • Tennessee Residents Total Cost Per Semester: $8,888
  • Non Tennessee Residents Total Cost Per Semester: $16,244

Average Net Price and Financial Aid

  • Average Annual Net Price: $10,111*
  • Estimated Average 4 Year Degree Cost: $40,444**
  • Percent of Students Receiving Grant Aid: 72%
  • Average Annual Total Grant Aid Amount: $6,434
  • Percent of Students Receiving Pell Grants: 49%
  • Average Amount of Pell Grant Aid: $4,256
  • Percent of Students Receiving Federal Student Loans: 61%
  • Average Amount of Federal Student Loan Aid: $7,741

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

For Profit / Not For Profit Status

University of Memphis is a not for profit institution.

Example Student Loan Payments and Costs

How much are estimated student loan payments for University of Memphis? Below are the costs for an example student loan if you borrowed $40,444, our estimated average net price for a four year degree. Note that this calculation assumes you are part of the reported 72% of students at this school who receive financial aid and you are paying an average annual net price of $10,111. If you do not financially qualify for a reduced net price, your student loan payments may be significantly higher than this example. Use our University of Memphis student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

  • Monthly Payment: $406.79
  • Amount Borrowed: $40,444.00
  • Interest Rate: 3.9%
  • Term: 10 years
  • Number of Monthly Payments: 120
  • Total Interest Cost: $8,370.83
  • Total of All Payments of 10 years: $48,814.83

Loan Affordability & Salary

Can I afford to attend University of Memphis? To keep student loan payments affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. When planning how to afford University of Memphis, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using these parameters, a salary of $48,814.83 is recommended to afford a $406.79 monthly payment in the example loan modeled above. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to University of Memphis in the future? In the past five years, this school's published in-state tuition and fee total rose from $5,256 to $7,390. This amounts to an average annual price increase of 8.1%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you can expect to pay for a 4 year degree at this school assuming tuition increases along at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $71,108.00. Use our college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for University of Memphis.

  • Estimated Cost in 5 years for students enrolling in 2019 - Annual: $24,448, 4 Year Degree: $97,790
  • Estimated Cost in 10 years for students enrolling in 2024 - Annual: $31,202, 4 Year Degree: $124,808
  • Estimated Cost in 15 years for students enrolling in 2029 - Annual: $39,822, 4 Year Degree: $159,290
  • Estimated Cost in 18 years for students enrolling in 2032 - Annual: $46,099, 4 Year Degree: $184,398

Cost Per Credit Hour and Cost Per Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at University of Memphis are as follows.

  • Price per credit hour for Tennessee residents: $256
  • Cost for one class for Tennessee residents (3 credit hours): $768
  • Price per credit hour for out of state residents: $869
  • Cost for one class for out of state residents (3 credit hours): $2,607
  • Cost for one class for out of state residents (4 credit hours): $3,476

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Tuition History

What was tuition at University of Memphis for the past five, ten, fifteen or twenty years? Looking at historical tuition increase rates may provide an indication as to expected increases in the future. Historical tuition and fees for all available data years back to 1987 follows.

  • 2010 - $6,458 In State / $19,178 Out of State Tuition and Fees. 5.4% Annual Increase
  • 2009 - $6,128 In State / $17,714 Out of State Tuition and Fees. 5.6% Annual Increase
  • 2008 - $5,802 In State / $16,630 Out of State Tuition and Fees. 10.4% Annual Increase
  • 2007 - $5,256 In State / $15,722 Out of State Tuition and Fees. 3.4% Annual Increase
  • 2006 - $5,084 In State / $14,898 Out of State Tuition and Fees. 13.5% Annual Increase
  • 2005 - $4,480 In State / $13,204 Out of State Tuition and Fees. 5.8% Annual Increase
  • 2004 - $4,234 In State / $12,388 Out of State Tuition and Fees. 14.3% Annual Increase
  • 2003 - $3,704 In State / $10,858 Out of State Tuition and Fees. 6.7% Annual Increase
  • 2002 - $3,470 In State / $10,124 Out of State Tuition and Fees. 12.4% Annual Increase
  • 2001 - $3,087 In State / $8,873 Out of State Tuition and Fees. 9.5% Annual Increase
  • 2000 - $2,818 In State / $8,078 Out of State Tuition and Fees. 7.1% Annual Increase
  • 1999 - $2,630 In State / $7,502 Out of State Tuition and Fees. 9% Annual Increase
  • 1998 - $2,412 In State / $7,008 Out of State Tuition and Fees. 7.8% Annual Increase
  • 1997 - $2,238 In State / $6,642 Out of State Tuition and Fees. 10.5% Annual Increase
  • 1996 - $2,026 In State / $6,156 Out of State Tuition and Fees. -0.8% Annual Increase
  • 1995 - $2,042 In State / $5,976 Out of State Tuition and Fees. 11.7% Annual Increase
  • 1994 - $1,828 In State / $5,610 Out of State Tuition and Fees. 4.6% Annual Increase
  • 1993 - $1,748 In State / $5,350 Out of State Tuition and Fees. 6.8% Annual Increase
  • 1992 - $1,636 In State / $5,000 Out of State Tuition and Fees. 8.6% Annual Increase
  • 1991 - $1,507 In State / $4,596 Out of State Tuition and Fees. 3.8% Annual Increase
  • 1990 - $1,452 In State / $4,406 Out of State Tuition and Fees. 7.2% Annual Increase
  • 1989 - $1,354 In State / $4,090 Out of State Tuition and Fees. 8.1% Annual Increase
  • 1988 - $1,252 In State / $3,856 Out of State Tuition and Fees. 2.6% Annual Increase
  • 1987 - $1,220 In State / $3,650 Out of State Tuition and Fees.

Cost for Popular Majors

Below are the most popular undergraduate areas of study at University of Memphis ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $17,777. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 302 $71,108
4 year cost
Teacher Education, Multiple Levels Bachelor's Degree 174 $71,108
4 year cost
Registered Nursing/Registered Nurse Bachelor's Degree 169 $71,108
4 year cost
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 140 $71,108
4 year cost
Accounting Bachelor's Degree 115 $71,108
4 year cost
Business Administration and Management, General Bachelor's Degree 103 $71,108
4 year cost
Biology/Biological Sciences, General Bachelor's Degree 81 $71,108
4 year cost
Journalism Bachelor's Degree 69 $71,108
4 year cost
Kinesiology and Exercise Science Bachelor's Degree 54 $71,108
4 year cost
Sport and Fitness Administration/Management Bachelor's Degree 51 $71,108
4 year cost
Art/Art Studies, General Bachelor's Degree 49 $71,108
4 year cost
Special Education and Teaching, General Bachelor's Degree 39 $71,108
4 year cost
Social Work Bachelor's Degree 30 $71,108
4 year cost
Music, General Bachelor's Degree 29 $71,108
4 year cost
General Studies Bachelor's Degree 26 $71,108
4 year cost
ENGINEERING TECHNOLOGIES AND ENGINEERING-RELATED FIELDS Bachelor's Degree 25 $71,108
4 year cost
Business/Managerial Economics Bachelor's Degree 23 $71,108
4 year cost
Logistics, Materials, and Supply Chain Management Bachelor's Degree 22 $71,108
4 year cost
Music, Other Bachelor's Degree 19 $71,108
4 year cost
Mechanical Engineering Bachelor's Degree 17 $71,108
4 year cost
Civil Engineering, General Bachelor's Degree 16 $71,108
4 year cost
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 15 $71,108
4 year cost
Physical Education Teaching and Coaching Bachelor's Degree 14 $71,108
4 year cost
History, General Bachelor's Degree 13 $71,108
4 year cost
Economics, General Bachelor's Degree 13 $71,108
4 year cost
Electrical and Electronics Engineering Bachelor's Degree 13 $71,108
4 year cost
Environmental Design/Architecture Bachelor's Degree 12 $71,108
4 year cost
Computer Science Bachelor's Degree 12 $71,108
4 year cost
Computer Engineering, General Bachelor's Degree 12 $71,108
4 year cost
Mathematics, General Bachelor's Degree 11 $71,108
4 year cost
African-American/Black Studies Bachelor's Degree 9 $71,108
4 year cost
Interior Design Bachelor's Degree 8 $71,108
4 year cost
Art History, Criticism and Conservation Bachelor's Degree 8 $71,108
4 year cost
Political Science and Government, General Bachelor's Degree 7 $71,108
4 year cost
Bioengineering and Biomedical Engineering Bachelor's Degree 7 $71,108
4 year cost
English Language and Literature, General Bachelor's Degree 7 $71,108
4 year cost
Geology/Earth Science, General Bachelor's Degree 6 $71,108
4 year cost
Management Information Systems, General Bachelor's Degree 5 $71,108
4 year cost
Philosophy Bachelor's Degree 5 $71,108
4 year cost
Chemistry, General Bachelor's Degree 5 $71,108
4 year cost
Geography Bachelor's Degree 5 $71,108
4 year cost
International Relations and Affairs Bachelor's Degree 4 $71,108
4 year cost
Marketing/Marketing Management, General Bachelor's Degree 3 $71,108
4 year cost
Selling Skills and Sales Operations Bachelor's Degree 3 $71,108
4 year cost
Criminal Justice/Law Enforcement Administration Bachelor's Degree 3 $71,108
4 year cost
Anthropology Bachelor's Degree 3 $71,108
4 year cost
Manufacturing Engineering Technology/Technician Bachelor's Degree 3 $71,108
4 year cost
International Business/Trade/Commerce Bachelor's Degree 3 $71,108
4 year cost
Physics, General Bachelor's Degree 2 $71,108
4 year cost
Psychology, General Bachelor's Degree 2 $71,108
4 year cost
Sociology Bachelor's Degree 2 $71,108
4 year cost
Foreign Languages and Literatures, General Bachelor's Degree 2 $71,108
4 year cost
Hotel/Motel Administration/Management Bachelor's Degree 2 $71,108
4 year cost
Mass Communication/Media Studies Bachelor's Degree 1 $71,108
4 year cost
Computer Engineering Technology/Technician Bachelor's Degree 1 $71,108
4 year cost
Finance, General Bachelor's Degree 1 $71,108
4 year cost

About University of Memphis

University of Memphis is a four year public college located in Memphis, Tennessee.  Full time enrollment is 15,377 and part time is 7,348.  For the 2011/2012 school year, the school received 6,798 applicants. 4,243 were admitted and 2,252 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Learn more about University of Memphis at CollegeSimply.

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Calculators

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Student Loan Calculator

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