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National Application Center :: campus tours :: Murray State University costs & financial aid

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Murray State University

Murray State University
102 Curris Center
Murray, KY 42071

Official telephone: (270) 809-3011
Toll-free telephone: (800) 272-4678
Website: www.murraystate.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Janet Balok,
Director of Financial Aid
Contacting the office: 270 809-2546
800 272-4678 (toll free)
270 809-3116 (fax)
msu.sfa@murraystate.edu
FAFSA number: 001977

EXPENSES
Undergraduate tuition: $7,944; $21,648 out-of-state
Tuition notes: in-state tuition based on $331 per credit hour for 24 hrs/yr, out-of-state tuition based on $902 per credit hour for 24 hrs/yr, Reduced tuition for students from Alabama, Illinois, Indiana, Missouri, and Tennessee.
Book fees: $1,237
Miscellaneous expenses: $3,547
Other expenses: Transportation and personal expenses.
Combined room and board expenses: $8,010 - $9,850

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 1yesN/A
scholarship formN/AnoN/A

Date award notification begins: March 15
Applied for financial aid:
87% of first-year students
76% of full-time undergraduates
68% of part-time undergraduates
Determined to have financial need:
79% of first-year students
83% of full-time undergraduates
86% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
99% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
92% of first-year students
86% of full-time undergraduates
74% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
69% of first-year students
78% of full-time undergraduates
81% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
10% of first-year students
7% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
24% of first-year students
26% of full-time undergraduates
10% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
34% for first-year students
30% for full-time undergraduates
30% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,534 for first-year students
$12,013 for full-time undergraduates
$6,675 for part-time undergraduates
Average need-based gift award:
$6,496 for first-year students
$5,920 for full-time undergraduates
$4,044 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,381 for first-year students
$7,090 for full-time undergraduates
$7,704 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$5,071 for first-year students
$6,517 for full-time undergraduates
$7,627 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
11% of first-year students
6% of full-time undergraduates
1% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$4,911 for first-year students
$4,431 for full-time undergraduates
$3,565 for part-time undergraduates
Students who received a non-need-based athletic award:
3% of first-year students
3% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$10,807 for first-year students
$11,080 for full-time undergraduates
$9,053 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 5%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
  • College/University Loans
Parent loans packaged to meet need: yes
First-year loan package range: $431 - $28,344
Undergraduate loan package range: $118 - $34,777
Percent of undergraduates who have borrowed through all loan programs: 50%
Average student debt upon graduation: $26,598
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $85 - $29,222
Undergraduate scholarship/grant award range: $74 - $32,626
Percent of scholarship aid awarded to out-of-state students: 29%

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