Cost and Aid

Typical 2021-2022 estimated costs for a student enrolled full time at McMurry University

	Living On Campus	Living Off Campus
Tuition	$29,100	$29,100
Freshman Orientation Fee (Fall Only)	$210	$210
Student Activity Fee	$90	$90
Housing & Meals	$8,740
Total Direct Costs	$38,140	$29,400

*Direct costs are those charged directly to a student's account.

*Books may be charged to the student account at the McMurry Bookstore. Estimated annual bookstore charges are $1200.

*Indirect Costs that are additional personal costs that may be incurred while attending the University and are not charged to the student. Total indirect costs per year are estimated at $5,136. This includes transportation, personal costs, and average loan fees.

McMurry charges tuition at a block rate per academic year(fall & spring), for students taking 12 or more hours per semester.

Financial Aid

McMurry offers many forms of financial aid, such as University scholarships, state grants, federal grants, outside scholarships and work-study opportunities. Over 82% of students receive some type of financial assistance, and this year McMurry distributed over $10 million in financial aid.

Our package of financial aid for students represents the best and most equitable award we can make, based on the information you and your family submit, the completion date of the file, academic performance and the availability of funds.

For more detailed information, visit Financial Aid.

Scholarships and Grants

University Scholarships

Merit Scholarships: $5,000–$15,000 per year (awarded based on high school GPA and SAT/ACT scores)
Band/Chanters/Art Scholarships: up to $2,500 per year
Transfer Scholarships: $8,000–$12,000 per year (awarded based on GPA as well as financial need)

Honors Program Scholarships

Students accepted into the Honors Program receive scholarships ranging from $15,000 per year to full tuition.
Phi Theta Kappa (for transfer students): $13,000 per year

Departmental Scholarships

Departmental scholarships are awarded for outstanding achievements each year.

Methodist Scholarships

Scholarships ranging from $1,000–$3,000 are available for students who are active members of a Methodist Church.

Endowed Scholarships

Students may apply for endowed scholarships during the spring of their freshman, sophomore and junior years.These scholarships will take effect the following academic year. Endowed scholarships are funded by generous supporters of McMurry and range from $100–$5,000.

Athletic Scholarships

As a Division III University, according to NCAA rules, McMurry does not offer scholarships based on athletic participation or abilities.

Texas State Grants

Texas Equalization Grant (TEG): up to $3,364 per year

Work-Study Opportunities

On-campus work-study positions are offered for students who qualify through federal and state work-study and the McMurry work program. Work-study is a taxable wage paid directly to the student and averages 10 hours per week.

Federal Aid and Loans

Federal Grants

Pell: up to $5,920
SEOG (zero EFC): up to $1,000
TEACH: up to $4,000

Direct Stafford Loans

Subsidized Loan, Freshman Level: $3,500
Subsidized Loan, Sophomore Level: $4,500
Subsidized Loan, Junior/Senior Level: $5,500
Unsubsidized Loan: $2,000
Parent PLUS Loan: approved on credit

Other Options

Additional Loans

Additional state and private loan opportunities are available for students. Visit the Texas Higher Education Coordinating Board and ELMSelect to learn more.

Additional Private Scholarships

Students should ask their high school counselors for local scholarship opportunities and visit the following sites for other private scholarships: Fastweb, Sallie Mae and Unigo.