For the academic year 2022-2023, total 1,266 full-time, first-time students (51% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 7,000 students (42% of all students) have received federal student loans and the average loan amount is $6,907 at University of Memphis.
Below tables show the number and amount by source of financial aid at University of Memphis.
Below tables show the number and amount by source of financial aid at University of Memphis.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 14,054 | 84% | $8,469 |
| Pell Grants | 6,960 | 42% | $5,661 |
| Federal Student Loans | 7,000 | 42% | $6,907 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,467 | 99% | - |
| Grants or Scholarship from All Sources | 2,441 | 98% | $9,625 |
| Federal Grants | 1,393 | 56% | $6,034 |
| Pell Grants | 1,387 | 55% | $5,851 |
| Other Federal Grants | 286 | 11% | $1,012 |
| State/Local Grants | 1,754 | 70% | $4,693 |
| Institutional Grants | 2,197 | 88% | $3,121 |
| Student Loans | 1,266 | 51% | $5,886 |
| Federal Student Loans | 1,243 | 50% | $5,352 |
| Other Student Loans | 55 | 2% | $14,525 |
What is the Loans to students?
Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.
Know more about Memphis
- Is University of Memphis a public school?
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- What is the acceptance rate at University of Memphis?
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- Do I need to submit the high school GPA Score for applying to University of Memphis?
- Do I need to submit the high school rank for applying to University of Memphis?
- Do I need to submit the high school record for applying to University of Memphis?
- Do I need to submit the Completion of college preparatory program for applying to University of Memphis?
- Do I need to submit the recommendations for applying to University of Memphis?
- Do I need to submit the Formal demonstration of competencies for applying to University of Memphis?
- Do I need to submit the Test of English as a foreign language (TOEFL) for applying to University of Memphis?
- What types of degrees are awarded at University of Memphis?
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- How much is the tuition and fees at University of Memphis?
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- How much is the in state tuition and fees at University of Memphis?
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- What is the tuition rate for Tennessee resident at University of Memphis?
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- How much is the books and supplies costs at University of Memphis?
- How much is the living costs when living on campus at University of Memphis?
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- How many students paid in state rate tuition at University of Memphis?
- How many students paid out of state rate tuition at University of Memphis?
- Does University of Memphis offer the tuition guaranteed plan?
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- What alternative tuition plans are offered by University of Memphis?
- How many students are attending University of Memphis?
- How many students are in graduate school at University of Memphis?
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- What is the student population at University of Memphis?
- What is the student gender ratio at University of Memphis?
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- How many part time students are in University of Memphis?
- How many undergraduate students are in University of Memphis?
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- How many students are enrolled in online classes at University of Memphis?
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- How many white students are in University of Memphis?
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- How many Asian students are in University of Memphis?
- How many Hispanic students are in University of Memphis?
- What is the student race/ethnicity distribution at University of Memphis?
- What is the student age distribution at University of Memphis?
- How many students are received any financial aid at University of Memphis?
- How many students are received the grants or scholarships at University of Memphis?
- How many students are received the students loans at University of Memphis?
- What is the average financial aid amount at University of Memphis?
- What is the average loan amount at University of Memphis?
- What is the average grants amount at University of Memphis?
- What is the graduation rate at University of Memphis?
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- Does University of Memphis offer the ROTC program?
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- Does University of Memphis offer the weekend and evening college program?
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- Does University of Memphis provide campus housing (dormitory/campus apartment)?
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- How many students live in dormitory at University of Memphis?
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- How much is the dormitory costs at University of Memphis?
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- Does University of Memphis have yellow ribbon program?
- Does University of Memphis accept the credit for military training?
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- What is the veterans and military member benefits at University of Memphis?
- Are first time students required to live on campus (dormitory) at University of Memphis?
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- Does University of Memphis offer the Employment services for students to it students?
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- Does University of Memphis offer the On campus day care for students' children to it students?
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- What sports teams does University of Memphis have?
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- Is University of Memphis a member of NCAA?