University of Memphis

University of Memphis is a less selective public university in Memphis, Tennessee. It admits most applicants, graduates 51% of its students within six years, and its former students earn a median $48,458 ten years after starting college, more than 47% of the Tennessee colleges we cover.

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Yearly household income. Saved on this device only. No account needed.

Acceptance rate
72%

More selective than 44% of Tennessee colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$12,397 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $25,169. College Scorecard.

Graduation rate
51%

Higher than 47% of Tennessee colleges we cover and 44% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$48,458

Higher than 47% of Tennessee colleges we cover and 36% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

University of Memphis acceptance rate & admissions

Of 15,640 applicants, University of Memphis admitted 14,605 and 2,591 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 915–1180 on the SAT or 18–24 on the ACT.

15,640
Applied
14,605
Admitted
2,591
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years915–1180
ACT composite, middle 50% of first-years18–24
First-years who sent SAT scores3%
First-year students who return77%
Pell Grant recipients41%
First-generation students37%
Women / men60% / 40%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

University of Memphis tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for Tennessee residents who receive federal aid. Tap your income band.

College Scorecard, latest reported year (in-state, federal aid recipients)

Sticker price (before aid)

Tuition & fees, in-state$10,728
Tuition & fees, out-of-state$15,384
Housing & meals, on campus$10,344
Books & supplies$920
Total cost of attendance, in-state$25,169

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$15,809
Loan default rate9.3%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What University of Memphis costs to finish, and how fast it pays back

Graduates of University of Memphis took 4.5 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Tennessee. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$10,607$47,3073.4 years
$30–48k$10,968$48,9173.5 years
$48–75k$13,923$62,0974.5 years
$75–110k$17,384$77,5335.6 years
$110k+$18,691$83,3626.0 years

Cost to finish = yearly price × 4.5 years, the average time graduates took (31% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($48,458) minus $34,518 for high school graduates ages 25-34 in TN (Census ACS 2020-2024), a gain of $13,940 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Tennessee for your income →

University of Memphis majors, earnings & careers

University of Memphis offers 51 bachelor's majors across 11 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Business & Finance · 10
  • Engineering · 7
  • Humanities & Languages · 7
  • Social Sciences & Public Service · 7
  • Science & Math · 5
  • Arts & Design · 4
  • Communications & Media · 3
  • Education · 3
  • Health & Medicine · 3
  • Technology & Computing · 1
  • Trades & Applied Technology · 1

Highest-earning majors at University of Memphis

MajorEarnings, 4 yrsMedian debt
Computer Science$90,207$24,672
Computer Engineering$89,702$25,000
Mechanical Engineering$89,516$27,500
Electrical Engineering$89,515$23,000
Biomedical Engineering$88,279$26,500
Engineering Technologies / Technicians$79,914$27,600
Civil Engineering$79,598$29,750
Nursing$75,444$27,168
Quick list of all 51 majors
  • Accounting$71,038
  • Air Transportation—
  • Anthropology$46,560
  • Biology$53,784
  • Biomedical Engineering$88,279
  • Business Administration$65,045
  • Business Economics$57,162
  • Chemistry$46,490
  • Civil Engineering$79,598
  • Communications$42,605
  • Computer Engineering$89,702
  • Computer Science$90,207
  • Criminal Justice$53,399
  • Economics—
  • Education (Elementary / Secondary)$44,293
  • Education (Subject Teaching)$50,497
  • Electrical Engineering$89,515
  • Engineering Technologies / Technicians$79,914
  • English$41,383
  • Environmental Design—
  • Ethnic / Gender Studies$51,232
  • Finance$65,132
  • Geology / Earth Science—
  • Graphic / Interior / Fashion Design—
  • History$47,449
  • Hospitality Management$52,627
  • Human Resources—
  • International Business$62,729
  • International Relations—
  • Journalism$49,445
  • Kinesiology / Exercise Science$50,126
  • Liberal Arts / General Studies$48,798
  • Linguistics$39,001
  • Management Information Systems$73,323
  • Marketing$67,468
  • Mathematics$65,079
  • Mechanical Engineering$89,516
  • Multi / Interdisciplinary Studies, Other$49,707
  • Music$45,321
  • Nursing$75,444
  • Philosophy—
  • Physics—
  • Political Science$50,070
  • Psychology$45,700
  • Public Health—
  • Public Relations and Advertising$58,237
  • Social Work$46,494
  • Sociology$43,595
  • Special Education$47,465
  • Studio Art$48,064
  • Theatre$38,440

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Nursing → Registered nurse

$81,500
Memphis
$81,500
Tennessee
$97,550
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 5.6% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Business Administration → Management analyst

$94,980
Memphis
$99,260
Tennessee
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Memphis

Cost of living
8% below the U.S. average

Overall prices in the Memphis, TN-MS-AR area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,191/mo

2 bedrooms $1,301. Housing costs 20% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
51° / 92°

January and July average highs. 55 inches of rain a year, 3 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively High

Highest: tornado (very high); river flooding (relatively high); heat wave (relatively high); winter weather (relatively high).

FEMA National Risk Index, Shelby County

Campus & students

Total enrollment (incl. graduate)21,736
First-year students from Tennessee80%
Next most common home statesMississippi, Arkansas, Missouri
AthleticsNCAA Division I-FBS · 10 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typePrimarily nonresidential
Student bodyBlack 41% · White 35% · Hispanic 12% · Asian 5%International 2%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Shelby County at a glance

Population919,173
Median household income$63,767
Adults with a bachelor's degree34%
Median age36

U.S. Census Bureau, ACS 5-year 2024

Compare University of Memphis with similar schools

Similar public colleges in Tennessee by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
University of Memphis72%$12,39751%$48,458This school
Middle Tennessee State University69%$13,35954%$48,541
The University of Tennessee-Chattanooga81%$14,26550%$51,151
Tennessee Technological University76%$14,24658%$48,501
East Tennessee State University86%$15,98353%$44,859

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

University of Memphis would cost you $962 less per year than Middle Tennessee State University, on average.

  • Higher sticker price at University of Memphis, mostly from a higher estimate for personal & travel costs (+$1,112).
  • University of Memphis gives aided families $1,842 more in grants, on average.
Per year, Tennessee residentUniversity of MemphisMiddle Tennessee State UniversityDifference
Tuition & fees$10,728$10,266+$462
Books & supplies$920$1,260−$340
Housing & meals$10,344$11,704−$1,360
Personal & travel$6,462$5,350+$1,112
Living-at-home adjustment−$3,285−$4,291+$1,006
Sticker price$25,169$24,289+$880
Average grants−$12,772−$10,930−$1,842
You pay$12,397$13,359−$962

“+” means University of Memphis costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about University of Memphis

What is the University of Memphis acceptance rate?

University of Memphis accepts 72% of applicants (College Scorecard). In the latest IPEDS admissions year, 14,605 of 15,640 applicants were admitted. The middle half of enrolled first-year students scored 915–1180 on the SAT or 18–24 on the ACT.

How much does University of Memphis cost per year?

The sticker price (cost of attendance) is $25,169 a year for in-state students. After grants and scholarships, students receiving federal aid pay $12,397 a year on average; families earning $0–30k pay $10,607 and families earning $110k+ pay $18,691.

How much do University of Memphis graduates earn?

Former University of Memphis students earn a median $48,458 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the University of Memphis graduation rate?

51% of first-time, full-time students graduate within six years, and 77% return for their second year.

How long does a University of Memphis degree take to pay off?

For a family earning $48–75k, finishing at University of Memphis costs about $62,097 after grants ($13,923 a year for 4.5 years, the average time graduates took). Former students earn a median $48,458 ten years after starting, $13,940 more than high school graduates in Tennessee ($34,518), so the cost is repaid in 4.5 years of that gain, before taxes and interest (EducationGuide calculation).

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “University of Memphis: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/university-of-memphis (College Scorecard and IPEDS data).