Payback
EarningsPlus
Economic score
University of Memphis is a public national university located in Memphis, Tennessee. University of Memphis is very inclusive in their admissions.
Return on educational investment at University of Memphis is in the top 50% of all ranked schools. The median student earns $43,699 10 years after enrolling, 20th in Tennessee, and in the bottom 50% nationally. When adjusted for earning differences by major, University of Memphis bachelor students earn 2% less than the national average. University of Memphis is ranked 10th in Tennessee.
University of Memphis’s median net annual cost of $13,904 and average years to graduate of 4.9 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at University of Memphis sorted by number of graduates - Health & Fitness, Registered Nursing, Multi/Interdisciplinary Studies, Other, Psychology, Business Administration, Accounting - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$13,904
Average years to graduate
4.9
Finance
Rank: #121
Economic score: 2.39
Biology
Rank: #86
Economic score: 3.49
Special Education
Rank: #32
Economic score: 3.98
Marketing
Rank: #231
Economic score: 4.01
Social Work
Rank: #85
Economic score: 4.61
Criminal Justice
Rank: #217
Economic score: 5.12
Liberal Arts and Sciences
Rank: #108
Economic score: 5.81
Comms & Media Studies
Rank: #318
Economic score: 7.04
Education
Rank: #451
Economic score: 10.29
English Language & Lit
Rank: #352
Economic score: 15.49
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at University of Memphis - Business Administration, Curriculum and Instruction, Registered Nursing, Social Work, Health & Fitness, Student Counseling - are shown below. To see more programs, click on "see additional programs".
Accounting
Rank: #34
Economic score: 0.22
Health Administrative Services
Rank: #14
Economic score: 0.25
Dietetics/Nutrition
Rank: #9
Economic score: 0.53
Communication disorder sciences
Rank: #97
Economic score: 0.73
Educ. Administration
Rank: #322
Economic score: 0.73
Public Health
Rank: #94
Economic score: 0.83
Liberal Arts and Sciences
Rank: #20
Economic score: 0.93
Music
Rank: #67
Economic score: 1.49
The average full-time graduate completes their degree in 4.9 years. 58% of all students graduate within 8 years including part-time students. The graduation rate at University of Memphis is 1% higher than the state average, and 10% below the average for all national universities in the country.
At University of Memphis, Pell Grant recipients represent 41% of the measured graduating class, 6% higher than the national average of 35%. The average Pell Grant recipient at University of Memphis graduates within 5 years.
University of Memphis is in the top 50% of schools for graduating Pell recipients.
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.
University of Memphis’s economic mobility score of 24.1 is calculated by adjusting the 3.11 economic score of lower-income students by the 41% pell grant recipients within the student body. University of Memphis’s EMS of 24.1 ranks in the top 25% nationally.false
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 25%
The average Title IV recipient at University of Memphis pays $13,904 a year, $12,482 less than the $26,386 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 $13,904
Much of the gap between net price and sticker price is filled by institutional and government grants. At University of Memphis, 95% 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 $13,904 on average to be covered by the student – be it through loans or out of pocket. In total, 43% of students take out loans, federal or private, at an average amount of $5,530. This is 11% less than the national average.
Federal grants
$4,996
Pell grants
$4,813
State grants
$4,651
Institutional grants
$3,935
University of Memphis offers 24 online bachelor programs, all of which are held exclusively online. At the master’s level University of Memphis offers 20 programs, 19 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
44
Hybrid programs
1
Percentage of programs online
40%
University of Memphis's very inclusive admissions are indicated by their 95% acceptance rate. In 2021, the school had 14,916 applicants, of which 14,201 were admitted and 2,593 enrolled. University of Memphis has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
81%
83%
Female
60%
59%
First time
49%
59%
In-state
83%
68%
1st generation
37%
35%
White
45%
52%
Black
37%
14%
Hispanic
7%
15%
Asian
4%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%