University of Memphis

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2023 Undergraduate Tuition
$8,520
2.01% growth from 2022
2023 Average Net Price
$13,656
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
93.4%
15,640 Applicants
2023 Enrolled Students
21,736
63.8% Full-Time
2023 Graduation Rate
49.4%
1,288 Graduates

About

University of Memphis is a higher education institution located in Shelby County, TN. In 2023, the most popular Bachelors Degree concentrations at University of Memphis were Kinesiology & Exercise Science (390 degrees awarded), Registered Nursing (293 degrees), and Other Multidisciplinary Studies (221 degrees).

In 2023, 5,018 degrees were awarded across all undergraduate and graduate programs at University of Memphis. 62.4% of these degrees were awarded to women, and 37.6% awarded men. The most common race/ethnicity group of degree recipients was white (2,392 degrees), 1.71 times more than then the next closest race/ethnicity group, black or african american (1,395 degrees).

The median undergraduate tuition at University of Memphis is $8,520, which is $−22,483 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at University of Memphis was 0%, corresponding to 0 out of the 5,009 total borrowers.

Costs

In 2023, the median undergraduate tuition at University of Memphis is $8,520, which is $22,484 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $13,656.

In 2023, 83% of undergraduate students attending University of Memphis received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$8,520
2023 Undergraduate Tuition

In 2023, the cost of tuition at University of Memphis was $8,520. The cost of tuition at University of Memphis is $−22,484 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

$13,656
2023 Value
1.56%
1 Year Growth

In 2023 University of Memphis had an average net price — the price paid after factoring in grants and loans — of $13,656. Between 2022 and 2023, the average net price of University of Memphis grew by 1.56%.

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

$10,929
Room and Board
$1,600
Books and Supplies

The average yearly cost of room and board at University of Memphis was of $10,929 in 2023. The cost of room and board increased by 16.8% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,600. The cost of books and supplies did not change 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

83%
Undergraduates Receiving Financial Aid through Grants
39%
Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at University of Memphis received financial aid through grants or loans in 2023. This represents a decline of 1.19% with respect to 2022, when 84% 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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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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at University of Memphis was 0%, which represents 0 out of the 5009 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.

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Admissions

University of Memphis received 15,640 undergraduate applications in 2023, which represents a 0.805% annual growth. Out of those 15,640 applicants, 14,605 students were accepted for enrollment, representing a 93.4% acceptance rate.

There were 21,736 students enrolled at University of Memphis in 2023. 3% of first-time enrollees submitted SAT scores with their applications.

University of Memphis has an overall enrollment yield of 17.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

93.4%
Acceptance Rate in 2023
14,605
Accepted Out of 15,640

In 2023, the undergraduate acceptance rate of University of Memphis was 93.4% (14,605 admissions from 15,640 applications). This is lower than the acceptance rate of 2022, which was 94.6%. Between 2022 and 2023, the number of applicants declined by 0.805%, while admissions declined by 2.09%.

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

3%
Submission Percentage (2023)
84
Scores Submitted (2023)

3% of enrolled first-time students at University of Memphis 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.

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Enrollment

University of Memphis had a total enrollment of 21,736 students in 2023. The full-time enrollment at University of Memphis is 13,874 students and the part-time enrollment is 7,862. This means that 63.8% of students enrolled at University of Memphis are enrolled full-time.

The enrolled student population at University of Memphis, both undergraduate and graduate, is 38.3% White, 34.7% Black or African American, 9.44% Hispanic or Latino, 4.78% Asian, 3.66% Two or More Races, 0.212% American Indian or Alaska Native, and 0.0736% 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 (25.9%), followed by White Female (21.2%) and White Male (17.6%). Students enrolled in full-time Graduate programs are most commonly White Female (19.1%), followed by White Male (12.9%) and Black or African American Female (9.69%).

Full-Time vs Part-Time Enrollment

63.8%
Full-Time Enrollment

The total enrollment at University of Memphis in 2023, both undergraduate and graduate, is 21,736 students. The full-time enrollment at University of Memphis is 13,874 and the part-time enrollment is 7,862. This means that 63.8% of students enrolled at University of Memphis are enrolled full-time compared with 77.9% 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

71%
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 University of Memphis was 71%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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 (2023)
  1. White
    8,317 enrolled students
  2. Black or African American
    7,547 enrolled students
  3. Hispanic or Latino
    2,051 enrolled students

The enrolled student population at University of Memphis is 38.3% White, 34.7% Black or African American, 9.44% Hispanic or Latino, 4.78% Asian, 3.66% Two or More Races, 0.212% American Indian or Alaska Native, and 0.0736% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 166 students (0.764%) did not report their race.

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Graduates

In 2023, 1,242 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 (2,392 degrees awarded). There were 1.71 times more white recipients than the next closest race/ethnicity group, black or african american (1,395 degrees).

The most common Bachelor's Degree concentration at University of Memphis is Kinesiology & Exercise Science (390 degrees awarded), followed by Registered Nursing (293 degrees) and Other Multidisciplinary Studies (221 degrees).

In 2023,  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 (473 degrees awarded), Interdisciplinary Studies (297 degrees), and Architecture and Related Services (37 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Memphis are Elementary & middle school teachers (155,269 people), Other managers (145,610 people), Lawyers, & judges, magistrates, & other judicial workers (130,365 people), Secondary school teachers (117,114 people), and Architects, except landscape and naval (107,191 people).

The most specialized majors at University of Memphis in 2023 are Parks, Recreation, & Leisure (473 degrees awarded), Interdisciplinary Studies (297 degrees), Architecture and Related Services (37 degrees), Language & Linguistics (55 degrees), and History (56 degrees) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Memphis are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at University of Memphis are Parks, Recreation, & Leisure (473 degrees awarded), Interdisciplinary Studies (297 degrees), Architecture and Related Services (37 degrees), Language & Linguistics (55 degrees), and History (56 degrees) (as of 2023).

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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 Elementary & secondary schools (517,521 people), Colleges, universities & professional schools, including junior colleges (280,073 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (201,708 people), Legal services (168,001 people), and Computer Systems Design (130,585 people).

The most specialized majors at University of Memphis are Parks, Recreation, & Leisure (473 degrees awarded), Interdisciplinary Studies (297 degrees), Architecture and Related Services (37 degrees), Language & Linguistics (55 degrees), and History (56 degrees) (as of 2023).

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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 (2023)
  1. 390 degrees awarded
  2. 293 degrees awarded
  3. 221 degrees awarded

In 2023, the most common bachelors degree concentration at University of Memphis was Kinesiology & Exercise Science with 390 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

1,888
Degrees Awarded to Men
in 2023
3,130
Degrees Awarded to Women
in 2023

In 2023, 1,888 degrees were awarded to men at University of Memphis, which is 0.603 times less than the number of degrees awarded to females (3,130).

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 2023, 170 degrees were awarded to men at University of Memphis in Information Technology, which is 1.93 times more than the 88 female recipients with that same degree.

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Most Common Female Majors

In 2023, 328 degrees were awarded to men at University of Memphis in Kinesiology & Exercise Science, which is 3.95 times more than the 83 male recipients with that same degree.

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Time to Complete

32%
100% Completion Time
54%
150% Completion Time

In 2023, 32% of students graduating from University of Memphis completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 57% 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 (86.4%)

The student demographic with the highest graduation rate in 2023 at University of Memphis is Female and Asian (86.4% graduation rate). Across all Doctoral Universities, 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, 2.87% of graduates (37 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    2,392 degrees awarded
  2. Black or African American
    1,395 degrees awarded
  3. Hispanic or Latino
    290 degrees awarded

The most common race/ethnicity at University of Memphis is white (2,392 degrees awarded). There were 1.71 times more white recipients than the next closest race/ethnicity group, black or african american (1,395 degrees).

0.957% of degree recipients (48 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    1,468 degrees awarded
  2. Black or African American Female
    1,024 degrees awarded
  3. White Male
    924 degrees awarded

The most common race/ethnicity and sex grouping at University of Memphis is white female (1,468 degrees awarded). There were 1.43 times more white female recipients than the next closest race/ethnicity group, black or african american female (1,024 degrees).

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Operations

University of Memphis has an endowment valued at nearly $341M, as of the end of the 2023 fiscal year. The return on its endowment was of 9.34M (2.74%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, University of Memphis had a total salary expenditure of 524M. University of Memphis employs 245 Assistant professors, 237 Associate professors and 211 Instructors. Most academics at University of Memphis are Female Assistant professor (143), Male Professor (130), and Male Associate professor (126).

The most common positions for non-instructional staff at University of Memphis are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 512 employees, Business and Financial Operations, with 287 employees, and Service with 209 employees.

Endowment

$341M
2023 Endowment
33.6%
growth from 2022

University of Memphis has an endowment valued at about $341M, as of the end of the 2023 fiscal year. The endowment of University of Memphis grew 33.6% from the previous year. The value of their endowment was $92.9M lower 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: Higher Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $30.6M - Federal
  2. $7.57M - State
  3. $10.2M - Local

As of 2023, University of Memphis received $30.6M in grants and contracts from the federal government, $7.57M from state grants and contracts, and $10.2M from local grants and contracts.

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Salary Expenditure

$220M
2023 Salaries
6.4%
growth from 2022

In 2023, University of Memphis paid a median of $220M in salaries, which represents 42% of their overall expenditure ($524M) and a 6.4% growth from the previous year. This is compared to a 2.59% growth between 2021 and 2022, and a 2.21% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$78.9M
Instructional Salaries
896
Number of Employees

In 2023, University of Memphis paid a total of $78.9M to 896 employees working as instructors, which represents 35.8% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
245 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
512 Employees

In 2023, the most common positions for instructional staff at University of Memphis were Assistant professor with 245 employees, Associate professor with 237 employees, and Instructor with 211 employees.

In 2023, the most common positions for non-instructional staff at University of Memphis were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 512 employees, Business and Financial Operations with 287 employees, and Service with 209 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Assistant professor
  2. Male Professor
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at University of Memphis was Female Assistant professor with 143 employees, Male Professor with 130 employees, and Male Associate professor with 126 employees.

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

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