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Colleges / McMurry University

McMurry University

Abilene, TX 4-Year Private
Acceptance Rate78%
Acceptance Rate78%

McMurry University Tuition Information

In 2022, tuition for full-time students at McMurry University was $29,972 a year.

In 2022, tuition increased 3%–from $29,100 the prior year. Usually, college tuition goes up about 3% every year.

If this makes attending the college of your dreams sound impossible, remember, the advertized cost of tuition doesn't always mean much if you plan to use financial aid to help pay for college. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make the amount you do have to pay out of pocket more manageable until you're done with college.

Does McMurry University Offer In-State and Out-of-State Tuition?

McMurry University is a private, religious institution, so it has the same tuition for students from Texas as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's requirements for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements too, depending on the state you and your parents currently live in.

Explore other Texas colleges

Tuition for International Students at McMurry University

McMurry University has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but should research private or McMurry University-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at McMurry University:

•On-campus jobs •Loans from outsideMcMurry University •McMurry University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.


McMurry University Living Expenses, Fees, and More


In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at McMurry University.

House and Food Costs at McMurry University

Room and board at McMurry University costs $8,892 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls. Students who live off campus but still want to use the dining facilities can choose to be on a meal plan. The cost of a mean plan, or board-only, is $3,915.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at McMurry University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways so that those with financial need to get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at McMurry University

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At McMurry University, freshman are allowed to park on campus.

Where are a college is located can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city could be pricey, but there may be more trains, busses and affordable flights to actually get to school. McMurry Universityis in a suburban setting in Texas.

Other Costs

When budgeting for college, be sure to take into account personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.


Financial Breakdown for McMurry University


Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for McMurry University.

Total Cost of McMurry University

What will the cost of attending McMurry University be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition $29,972
Room and Board $8,892
Board Only $2,916
Other expenses $2,030

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus $42,334
Off-Campus $36,358

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

McMurry University’s tuition and fees change based on: •Course load for both full and part-time students


McMurry University Financial Aid


The majority of McMurry University undergrads use financial aid to to cover the cost of tuition. In 2022, 808 of the 1,142 undergrads enrolled received financial aid. McMurry University meets 70.91% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $25,623 a year. Around 60% of McMurry University undergrads take out student loans to cover any remaining costs. McMurry University graduates who have student loans graduate with an average of $35,667 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $27,271
State Loans $42,838
Private Loans $27,483
Most Common Loans for McMurry University Students
Federal Loans 60%
State loans 7%
Private loans 7%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on McMurry University financial aid, keep reading, or visit their financial aid website.

Scholarships at McMurry University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2022, McMurry University awarded 803 need-based scholarships to students, giving away total of $15.9 million to help students with financial need cover the cost of school. An additional $2.11 million in merit-based scholarship money was awarded to students without demonstrated financial need.

McMurry University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for McMurry University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at McMurry University was $25,623 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of McMurry University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $16,711
Off-Campus $10,735

What will attending McMurry University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the McMurry University's net cost calculator on their website.

McMurry University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

McMurry University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does McMurry University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

McMurry University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.


Learn More About McMurry University


Choose one of the options below to find out more about about McMurry University:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about McMurry University

McMurry University Tuition & Fees

Tuition & Fees

$40,662

In State

$40,662

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$29,972
$29,972
Fees
$240
$240
Housing
$9,250
$9,250
Books
$1,200
$1,200

McMurry University Financial Aid

Students Who Receive Need-Based Aid

84%

Average Financial Aid Package

$23,865

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,145

Campus Setting

Suburban

Acceptance Rate

78%

Tuition and Fees

In State

$30,212

Out-of-State

$30,212

Fall Freshmen
Application Deadline

Aug 15
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