University of Memphis

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    2024 Undergraduate Tuition
    $8,856
    3.94% growth from 2023
    2024 Average Net Price
    $12,756
    After Financial Aid
    2024 Acceptance Rate
    72%
    15,084 Applicants
    2024 Enrolled Students
    20,276
    63.1% Full-Time
    2024 Graduation Rate
    50.9%
    1,234 Graduates

    About

    University of Memphis is a higher education institution located in Shelby County, TN. In 2024, the most popular Bachelors Degree concentrations at University of Memphis were Kinesiology & Exercise Science (392 degrees awarded), Registered Nursing (321 degrees), and General Psychology (210 degrees).

    In 2024, 5,151 degrees were awarded across all undergraduate and graduate programs at University of Memphis. 59% of these degrees were awarded to women, and 41% awarded men. The most common race/ethnicity group of degree recipients was white (2,108 degrees), 1.47 times more than then the next closest race/ethnicity group, black or african american (1,431 degrees).

    The median undergraduate tuition at University of Memphis is $8,856, which is $−23,064 less than the national average for Doctoral Universities ($31,920).

    Costs

    In 2024, the median undergraduate tuition at University of Memphis is $8,856, which is $23,064 less than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $12,756.

    In 2024, 82% of undergraduate students attending University of Memphis received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

    Tuition Costs

    $8,856
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at University of Memphis was $8,856. The cost of tuition at University of Memphis is $−23,064 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

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    Average Net Price

    $12,756
    2024 Value
    6.59%
    1 Year Growth

    In 2024 University of Memphis had an average net price — the price paid after factoring in grants and loans — of $12,756. Between 2023 and 2024, the average net price of University of Memphis grew by 6.59%.

    This chart compares the average net price of University of Memphis (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.

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    Other Student Expenses

    $11,246
    Room and Board
    $920
    Books and Supplies

    The average yearly cost of room and board at University of Memphis was of $11,246 in 2024. The cost of room and board increased by 2.9% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $920. The cost of books and supplies decreased by 42.5% during the same period.

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

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    Financial Aid by Income Level

    82%
    Undergraduates Receiving Financial Aid through Grants
    38%
    Undergraduates Receiving Financial Aid through Loans

    82% of undergraduate students at University of Memphis received financial aid through grants or loans in 2024. This represents a decline of 1.2% with respect to 2023, when 83% of undergraduate students received financial aid.

    This chart compares the average award discount at University of Memphis (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.

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    Admissions

    University of Memphis received 15,084 undergraduate applications in 2024, which represents a 3.55% annual growth. Out of those 15,084 applicants, 10,865 students were accepted for enrollment, representing a 72% acceptance rate.

    There were 20,276 students enrolled at University of Memphis in 2024. 4% of first-time enrollees submitted SAT scores with their applications.

    University of Memphis has an overall enrollment yield of 18.1%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    72%
    Acceptance Rate in 2024
    10,865
    Accepted Out of 15,084

    In 2024, the undergraduate acceptance rate of University of Memphis was 72% (10,865 admissions from 15,084 applications). This is lower than the acceptance rate of 2023, which was 93.4%. Between 2023 and 2024, the number of applicants declined by 3.55%, while admissions declined by 25.6%.

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

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    SAT Scores

    4%
    Submission Percentage (2024)
    80
    Scores Submitted (2024)

    4% of enrolled first-time students at University of Memphis in 2024 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.

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    Enrollment

    University of Memphis had a total enrollment of 20,276 students in 2024. The full-time enrollment at University of Memphis is 12,788 students and the part-time enrollment is 7,488. This means that 63.1% of students enrolled at University of Memphis are enrolled full-time.

    The enrolled student population at University of Memphis, both undergraduate and graduate, is 37.3% White, 34.9% Black or African American, 10.5% Hispanic or Latino, 5.15% Asian, 3.98% Two or More Races, 0.148% American Indian or Alaska Native, and 0.0986% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at University of Memphis in full-time Undergraduate programs are most commonly Black or African American Female (26.6%), followed by White Female (19.4%) and White Male (16.4%). Students enrolled in full-time Graduate programs are most commonly White Female (18.7%), followed by White Male (12.9%) and Black or African American Female (11.1%).

    Full-Time vs Part-Time Enrollment

    63.1%
    Full-Time Enrollment

    The total enrollment at University of Memphis in 2024, both undergraduate and graduate, is 20,276 students. The full-time enrollment at University of Memphis is 12,788 and the part-time enrollment is 7,488. This means that 63.1% of students enrolled at University of Memphis are enrolled full-time compared with 77.3% at similar Doctoral Universities.

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

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    Retention Rate over Time

    77%
    2024 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 University of Memphis was 77%. Compared with the full-time retention rate at similar Doctoral Universities (82%), University of Memphis had a retention rate lower than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      7,556 enrolled students
    2. Black or African American
      7,083 enrolled students
    3. Hispanic or Latino
      2,129 enrolled students

    The enrolled student population at University of Memphis is 37.3% White, 34.9% Black or African American, 10.5% Hispanic or Latino, 5.15% Asian, 3.98% Two or More Races, 0.148% American Indian or Alaska Native, and 0.0986% 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 Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 97 students (0.478%) did not report their race.

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    Graduates

    In 2024, 927 more women than men received degrees from University of Memphis. The most common race/ethnicity group of degree recipients at University of Memphis is white (2,108 degrees awarded). There were 1.47 times more white recipients than the next closest race/ethnicity group, black or african american (1,431 degrees).

    The most common Bachelor's Degree concentration at University of Memphis is Kinesiology & Exercise Science (392 degrees awarded), followed by Registered Nursing (321 degrees) and General Psychology (210 degrees).

    In 2024,  the most specialized majors across all degree types at University of Memphis, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (471 degrees awarded), Interdisciplinary Studies (323 degrees), and Computer and Information Sciences and Support Services (645 degrees).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Memphis are Software developers (700,389 people), Other managers (285,805 people), Elementary & middle school teachers (200,928 people), Postsecondary teachers (183,394 people), and Computer occupations, all other (151,021 people).

    The most specialized majors at University of Memphis in 2024 are Parks, Recreation, & Leisure (471 degrees awarded), Interdisciplinary Studies (323 degrees), Computer and Information Sciences and Support Services (645 degrees), Physical Sciences (89 degrees), and English (85 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Memphis are Surgeons, Physicians, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at University of Memphis are Parks, Recreation, & Leisure (471 degrees awarded), Interdisciplinary Studies (323 degrees), Computer and Information Sciences and Support Services (645 degrees), Physical Sciences (89 degrees), and English (85 degrees) (as of 2024).

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    Common Industries by Major

    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Memphis are Computer Systems Design (765,899 people), Elementary & secondary schools (528,514 people), Colleges, universities & professional schools, including junior colleges (436,940 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (320,046 people), and Management, scientific & technical consulting services (166,158 people).

    The most specialized majors at University of Memphis are Parks, Recreation, & Leisure (471 degrees awarded), Interdisciplinary Studies (323 degrees), Computer and Information Sciences and Support Services (645 degrees), Physical Sciences (89 degrees), and English (85 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Memphis.
    Most Common (2024)
    1. 392 degrees awarded
    2. 321 degrees awarded
    3. 210 degrees awarded

    In 2024, the most common bachelors degree concentration at University of Memphis was Kinesiology & Exercise Science with 392 degrees awarded.

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

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    Sex Breakdown for Common Majors

    2,112
    Degrees Awarded to Men
    in 2024
    3,039
    Degrees Awarded to Women
    in 2024

    In 2024, 2,112 degrees were awarded to men at University of Memphis, which is 0.695 times less than the number of degrees awarded to females (3,039).

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

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    Most Common Male Majors

    In 2024, 214 degrees were awarded to men at University of Memphis in Information Technology, which is 1.83 times more than the 117 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 336 degrees were awarded to men at University of Memphis in Registered Nursing, which is 7.47 times more than the 45 male recipients with that same degree.

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    Time to Complete

    28%
    100% Completion Time
    48%
    150% Completion Time

    In 2024, 28% of students graduating from University of Memphis completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 51% within 200%.

    The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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.

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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    Asian Female
    Highest Graduation Rate (75.6%)

    The student demographic with the highest graduation rate in 2024 at University of Memphis is Female and Asian (75.6% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

    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, 2.11% of graduates (26 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      2,108 degrees awarded
    2. Black or African American
      1,431 degrees awarded
    3. Hispanic or Latino
      333 degrees awarded

    The most common race/ethnicity at University of Memphis is white (2,108 degrees awarded). There were 1.47 times more white recipients than the next closest race/ethnicity group, black or african american (1,431 degrees).

    0.971% of degree recipients (50 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      1,496 degrees awarded
    2. White Female
      1,488 degrees awarded
    3. White Female
      1,486 degrees awarded

    The most common race/ethnicity and sex grouping at University of Memphis is white female (1,496 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (1,488 degrees).

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    Operations

    University of Memphis has an endowment valued at nearly $378M, as of the end of the 2024 fiscal year. The return on its endowment was of 23M (6.09%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, University of Memphis had a total salary expenditure of 553M. University of Memphis employs 250 Associate professors, 235 Assistant professors and 206 Instructors. Most academics at University of Memphis are Female Assistant professor (130), Male Associate professor (127), and Male Professor (124).

    The most common positions for non-instructional staff at University of Memphis are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 539 employees, Business and Financial Operations, with 302 employees, and Service with 212 employees.

    Endowment

    $378M
    2024 Endowment
    10.7%
    growth from 2023

    University of Memphis has an endowment valued at about $378M, as of the end of the 2024 fiscal year. The endowment of University of Memphis grew 10.7% from the previous year. The value of their endowment was $126M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

    The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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    Government Grants and Contracts

    Grants & Contracts
    1. $41.2M - Federal
    2. $6M - State
    3. $13.4M - Local

    As of 2024, University of Memphis received $41.2M in grants and contracts from the federal government, $6M from state grants and contracts, and $13.4M from local grants and contracts.

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    Salary Expenditure

    $232M
    2024 Salaries
    5.44%
    growth from 2023

    In 2024, University of Memphis paid a median of $232M in salaries, which represents 42% of their overall expenditure ($553M) and a 5.44% growth from the previous year. This is compared to a 6.4% growth between 2022 and 2023, and a 2.59% growth between 2021 and 2022.

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    Instructional Salaries

    $79.8M
    Instructional Salaries
    886
    Number of Employees

    In 2024, University of Memphis paid a total of $79.8M to 886 employees working as instructors, which represents 34.4% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at University of Memphis were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 539 employees, Business and Financial Operations with 302 employees, and Service with 212 employees.

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