Dollars + Sense

A college education is an investment in your future, and the first step to making your dreams happen is to understand how to finance your education. We know the cost of a college education and available financial assistance are crucial considerations when selecting a college. We are here to make sure you have the answers you need. 

Scholarships

With the rising costs of higher education, it's becoming more and more important that students strive to perform to the best of their ability while in high school. Excellence in academics is rewarded in college by various scholarship offers which often meet the full financial needs of funding a college education. The two primary factors used to determine scholarship eligibility, for an academic scholarship, are the high school GPA and the score received on the entrance examination (ACT/SAT). For instance, at the University of Memphis, to be considered for one of our academic scholarships, a student must present a minimum high school GPA of 3.0 or above and a minimum ACT/SAT of 25/1130. Our more prestigious awards are based on demonstrated academic excellence.

You must apply and be admitted by December 1 to be considered for an academic scholarship. If you feel you may qualify for any one of the scholarships offered by the University of Memphis, you are encouraged to apply for admission early in your senior year of high school. Following admission to the University, you will be notified of your scholarship eligibility and the scholarship you will be awarded if you accept the offer of admission.

Review the list of scholarships (and requirements) awarded at the University of Memphis by visiting the Scholarship Office online.

Financial Aid

Navigating the world of financial aid can seem overwhelming. We totally get it. But we have a team of experts to assist you with the process. Did you know 90% or more of our full-time freshmen receive financial aid? And our Access Memphis initiatives provide even more opportunities for you to receive a quality education at an affordable price with possibilities for additional funding. Quick tip: complete your FAFSA early EVERY year that you're enrolled in college. Not sure what that means? Check out the video below and head to our Financial Aid site to learn  more.