[Last update: December 11, 2025]
13,813 students (82% of total 16,771 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Memphis (UofM). The average amount of the aid awarded is $8,459.
For the first-time, full-time beginning students (freshmen), 95% of total 2,535 enrolled students have received any kind of financial aid and its average amount of aid received is $11,793.
All Undergraduate Financial Aid
At University of Memphis, 13,813 undergraduate students (82% of total 16,771 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,459.
Beginning Undergraduate Students (Freshmen) Financial Aid
2,405 beginning undergraduate students (95% of total 2,535 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Memphis. The average amount of aid received is $11,793.
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at University of Memphis.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.