What is the average net price at University of Memphis?

The average net price at University of Memphis is $13,000 per year after grants and scholarships. This is what the typical student actually pays, not the sticker price.

Public University91% Acceptance Rate15,500 Undergrads

University of Memphis

Q: How much does University of Memphis cost?

The total estimated cost of attendance at University of Memphis is $22,772 per year for the 2024-25 academic year, including tuition, room and board, and books.

Memphis, Tennessee · 2024-25

$10,872/ year in-state tuition

2024-25 Tuition & Fees

In-State Tuition & Fees$10,872

Out-of-State Tuition & Fees$24,240

Room & Board$10,700

Books & Supplies$1,200

Estimated Total Cost of Attendance

Tuition + room & board + books ($1,200)

In-State Total COA$22,772

Out-of-State Total COA$36,140

Average Net Price After Aid

$13,000/year

The average net price is what students actually pay after grants, scholarships, and work-study — not loans. Many students pay significantly less than the sticker price.

That's 43% less than the listed cost of attendance.

Common Questions

How much does University of Memphis cost per year?

The estimated total cost of attendance at University of Memphis for 2024-25 is $22,772 per year. This includes tuition, room and board ($10,700), and books and supplies. After financial aid, the average net price is $13,000/year.

What is the out-of-state tuition at University of Memphis?

Out-of-state students pay $24,240 in tuition per year at University of Memphis. The total out-of-state cost of attendance is approximately $36,140. In-state students pay $10,872 in tuition.

Does University of Memphis offer financial aid?

Yes, University of Memphis offers financial aid including grants, scholarships, work-study, and loans. To apply, complete the FAFSA as early as possible after October 1st. The average net price after all aid is $13,000/year, which is significantly lower than the sticker price.

Is University of Memphis worth the cost?

The value of a University of Memphis degree depends on your major, career goals, and financial situation. Consider factors like graduation rates, alumni earnings, available financial aid, and how the degree aligns with your career path. Always compare your actual net price after aid — not just the sticker price — when evaluating affordability.

At a Glance

Location: Memphis, Tennessee
Type: public University
Undergrad Enrollment: 15,500
Acceptance Rate: 91%
Aid Year: 2024-25

Official Website

Financial Aid Tips

1.File your FAFSA as early as October 1st — some aid is first-come, first-served.
2.Check the college's net price calculator for a personalized estimate.
3.Apply for scholarships — they don't need to be repaid.
4.Compare financial aid award letters carefully before committing.

Read our full FAFSA guide →

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