Payback
EarningsPlus
Economic score
McMurry University is a private regional college located in Abilene, Texas. McMurry University is very inclusive in their admissions.
Return on educational investment at McMurry University is in the bottom 25% of all ranked schools. The median student earns $45,756 10 years after enrolling, 48th in Texas, and in the bottom 50% nationally. When adjusted for earning differences by major, McMurry University bachelor students earn 18% less than the national average.
McMurry University’s median net annual cost of $21,473 and average years to graduate of 4.4 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at McMurry University sorted by number of graduates - Education, Education (subject specific), Multi/Interdisciplinary Studies, Other, Health & Fitness, Registered Nursing, Business Administration - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$21,473
Average years to graduate
4.4
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Accounting
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 5.52
Marketing
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 10.77
The average full-time graduate completes their degree in 4.4 years. 41% of all students graduate within 8 years including part-time students. The graduation rate at McMurry University is 12% lower than the state average, and 8% below the average for all regional colleges in the country.
At McMurry University, Pell Grant recipients represent 50% of the measured graduating class, 15% higher than the national average of 35%. The average Pell Grant recipient at McMurry University graduates within 4.5 years.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
McMurry University’s economic mobility score of 17.05 is calculated by adjusting the 4.98 economic score of lower-income students by the 50% pell grant recipients within the student body. McMurry University’s EMS of 17.05 ranks in the top 50% nationally. Please note that the economic mobility score considers only students that have graduated.
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at McMurry University pays $21,473 a year, $22,491 less than the $43,964 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $21,473
Much of the gap between net price and sticker price is filled by institutional and government grants. At McMurry University, 99% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $21,473 on average to be covered by the student – be it through loans or out of pocket. In total, 96% of students take out loans, federal or private, at an average amount of $6,674. This is 42% more than the national average.
Federal grants
$5,615
Pell grants
$4,891
State grants
$3,351
Institutional grants
$15,823
McMurry University's very inclusive admissions are indicated by their 78% acceptance rate. In 2021, the school had 1,372 applicants, of which 1,075 were admitted and 302 enrolled. McMurry University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
91%
83%
Female
43%
59%
First time
60%
59%
In-state
97%
68%
1st generation
37%
35%
White
47%
52%
Black
16%
14%
Hispanic
30%
15%
Asian
N/A
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
6%
12%