McMurry University

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2023 Undergraduate Tuition

$30,922

3.17% growth from 2022

2023 Average Net Price

$20,817

After Financial Aid

2020 Default Rate

0.274%

on Student Loans

2023 Acceptance Rate

57.7%

4,836 Applicants

2023 Enrolled Students

2,549

41.5% Full-Time

2023 Graduation Rate

38.6%

95 Graduates

About

McMurry University is a higher education institution located in Taylor County, TX. In 2023, the most popular Bachelors Degree concentrations at McMurry University were General Business (19 degrees awarded), General Psychology (16 degrees), and Early Childhood Education & Teaching (15 degrees).

In 2023, 214 degrees were awarded across all undergraduate and graduate programs at McMurry University. 55.1% of these degrees were awarded to women, and 44.9% awarded men. The most common race/ethnicity group of degree recipients was white (98 degrees), 1.13 times more than then the next closest race/ethnicity group, hispanic or latino (87 degrees).

The median undergraduate tuition at McMurry University is $30,922, which is $1,642 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at McMurry University was 0.274%, corresponding to 1 out of the 365 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at McMurry University is $30,922, which is $1,642 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $20,817.

In 2023, 84% of undergraduate students attending McMurry University received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$30,922

2023 Undergraduate Tuition

In 2023, the cost of tuition at McMurry University was $30,922. The cost of tuition at McMurry University is $1,642 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of McMurry University (in red) with those of other similar universities.

Average Net Price

$20,817

2023 Value

11%

1 Year Growth

In 2023 McMurry University had an average net price — the price paid after factoring in grants and loans — of $20,817. Between 2022 and 2023, the average net price of McMurry University grew by 11%.

This chart compares the average net price of McMurry University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$8,041

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at McMurry University was of $8,041 in 2023. The cost of room and board decreased by 0.649% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at McMurry University (in red) with that of similar universities.

Financial Aid by Income Level

84%

Undergraduates Receiving Financial Aid through Grants

60%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at McMurry University received financial aid through grants or loans in 2023. This represents a decline of 14.3% with respect to 2022, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at McMurry University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.274%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at McMurry University was 0.274%, which represents 1 out of the 365 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

McMurry University received 4,836 undergraduate applications in 2023, which represents a 106% annual growth. Out of those 4,836 applicants, 2,788 students were accepted for enrollment, representing a 57.7% acceptance rate.

There were 2,549 students enrolled at McMurry University in 2023. 13% of first-time enrollees submitted SAT scores with their applications.

McMurry University has an overall enrollment yield of 11.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57.7%

Acceptance Rate in 2023

2,788

Accepted Out of 4,836

In 2023, the undergraduate acceptance rate of McMurry University was 57.7% (2,788 admissions from 4,836 applications). This is higher than the acceptance rate of 2022, which was 56.5%. Between 2022 and 2023, the number of applicants grew by 106%, while admissions grew by 110%.

This chart compares the acceptance rate of McMurry University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

13%

Submission Percentage (2023)

Scores Submitted (2023)

13% of enrolled first-time students at McMurry University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

McMurry University had a total enrollment of 2,549 students in 2023. The full-time enrollment at McMurry University is 1,059 students and the part-time enrollment is 1,490. This means that 41.5% of students enrolled at McMurry University are enrolled full-time.

The enrolled student population at McMurry University, both undergraduate and graduate, is 41.3% Hispanic or Latino, 37.5% White, 13.4% Black or African American, 2.2% Asian, 1.49% Two or More Races, 0.902% American Indian or Alaska Native, and 0.196% Native Hawaiian or Other Pacific Islanders.

Students enrolled at McMurry University in full-time Undergraduate programs are most commonly White Male (22%), followed by White Female (21%) and Hispanic or Latino Male (18.1%). Students enrolled in full-time Graduate programs are most commonly White Female (37.5%), followed by White Male (25%) and Hispanic or Latino Female (12.5%).

Full-Time vs Part-Time Enrollment

41.5%

Full-Time Enrollment

The total enrollment at McMurry University in 2023, both undergraduate and graduate, is 2,549 students. The full-time enrollment at McMurry University is 1,059 and the part-time enrollment is 1,490. This means that 41.5% of students enrolled at McMurry University are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at McMurry University (in red) compares to similar universities.

Retention Rate over Time

65%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at McMurry University was 65%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), McMurry University had a retention rate lower than its peers.

This chart shows the retention rate over time at McMurry University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
1,054 enrolled students
White
955 enrolled students
Black or African American
341 enrolled students

The enrolled student population at McMurry University is 41.3% Hispanic or Latino, 37.5% White, 13.4% Black or African American, 2.2% Asian, 1.49% Two or More Races, 0.902% American Indian or Alaska Native, and 0.196% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 39 students (1.53%) did not report their race.

Graduates

In 2023, 22 more women than men received degrees from McMurry University. The most common race/ethnicity group of degree recipients at McMurry University is white (98 degrees awarded). There were 1.13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (87 degrees).

The most common Bachelor's Degree concentration at McMurry University is General Business (19 degrees awarded), followed by General Psychology (16 degrees) and Early Childhood Education & Teaching (15 degrees).

In 2023, the most specialized majors across all degree types at McMurry University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (11 degrees awarded), Visual & Performing Arts (23 degrees), and Social Sciences (23 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at McMurry University are Elementary & middle school teachers (1,684,206 people), Secondary school teachers (624,771 people), Other managers (486,575 people), Physicians (443,833 people), and Lawyers, & judges, magistrates, & other judicial workers (379,111 people).

The most specialized majors at McMurry University in 2023 are Parks, Recreation, & Leisure (11 degrees awarded), Visual & Performing Arts (23 degrees), Social Sciences (23 degrees), Education (34 degrees), and Biology (18 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at McMurry University are Surgeons, Cardiovascular technologists and technicians, Physicians, Securities, commodities, & financial services sales agents, and Photographic process workers & processing machine operators

The most specialized majors at McMurry University are Parks, Recreation, & Leisure (11 degrees awarded), Visual & Performing Arts (23 degrees), Social Sciences (23 degrees), Education (34 degrees), and Biology (18 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at McMurry University are Elementary & secondary schools (416,794 people), Justice, public order, & safety activities (357,201 people), Colleges, universities & professional schools, including junior colleges (352,683 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (195,664 people), and Computer Systems Design (149,569 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by McMurry University.

Most Common (2023)

General Business
19 degrees awarded
General Psychology
16 degrees awarded
Early Childhood Education & Teaching
15 degrees awarded

In 2023, the most common bachelors degree concentration at McMurry University was General Business with 19 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at McMurry University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

118

Degrees Awarded to Women

in 2023

In 2023, 96 degrees were awarded to men at McMurry University, which is 0.814 times less than the number of degrees awarded to females (118).

This chart displays the sex disparity between the top 5 majors at McMurry University by degrees awarded.

Most Common Male Majors

In 2023, 15 degrees were awarded to men at McMurry University in General Business, which is 3.75 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 15 degrees were awarded to women at McMurry University in Early Childhood Education & Teaching. There were no male recipients with the same degree.

Time to Complete

20%

100% Completion Time

31%

150% Completion Time

In 2023, 20% of students graduating from McMurry University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 32% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at McMurry University is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.05% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
98 degrees awarded
Hispanic or Latino
87 degrees awarded
Black or African American
20 degrees awarded

The most common race/ethnicity at McMurry University is white (98 degrees awarded). There were 1.13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (87 degrees).

1.4% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
58 degrees awarded
Hispanic or Latino Female
50 degrees awarded
White Male
40 degrees awarded

The most common race/ethnicity and sex grouping at McMurry University is white female (58 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (50 degrees).

Operations

McMurry University has an endowment valued at nearly $106M, as of the end of the 2023 fiscal year. The return on its endowment was of 2.64M (2.48%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, McMurry University had a total salary expenditure of 32.6M. McMurry University employs 28 Professors, 23 Assistant professors and 21 Instructors. Most academics at McMurry University are Male Professor (20), Female Instructor (17), and Male Assistant professor (13).

The most common positions for non-instructional staff at McMurry University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 48 employees, Management, with 32 employees, and Office and Administrative Support with 23 employees.

Endowment

$106M

2023 Endowment

2.08%

growth from 2022

McMurry University has an endowment valued at about $106M, as of the end of the 2023 fiscal year. The endowment of McMurry University grew 2.08% from the previous year. The value of their endowment was $55M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at McMurry University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$14.4M

2023 Salaries

5.96%

growth from 2022

In 2023, McMurry University paid a median of $14.4M in salaries, which represents 44% of their overall expenditure ($32.6M) and a 5.96% growth from the previous year. This is compared to a 4.07% growth between 2021 and 2022, and a 1.96% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$5.94M

Instructional Salaries

Number of Employees

In 2023, McMurry University paid a total of $5.94M to 87 employees working as instructors, which represents 41.4% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

28 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

48 Employees

In 2023, the most common positions for instructional staff at McMurry University were Professor with 28 employees, Assistant professor with 23 employees, and Instructor with 21 employees.

In 2023, the most common positions for non-instructional staff at McMurry University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 48 employees, Management with 32 employees, and Office and Administrative Support with 23 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Instructor
Male Assistant professor

In 2023, the most common demographic for instructional staff at McMurry University was Male Professor with 20 employees, Female Instructor with 17 employees, and Male Assistant professor with 13 employees.

This chart shows the sex split between each academic rank present at McMurry University.

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