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National Application Center :: campus tours :: McMurry University costs & financial aid

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McMurry University

McMurry University
South 14th and Sayles Boulevard
Abilene, TX 79697

Official telephone: (325) 793-3800
Toll-free telephone: (800) 477-0077
Fax number: (325) 793-4615
Website: www.mcm.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: Lori Herrick,
Director of Financial Aid
Contacting the office: 325 793-4713
800 460-2392 (toll free)
325 793-4718 (fax)
financialaid@mcm.edu
FAFSA number: 003591

EXPENSES
Undergraduate tuition: $26,100; $26,100 out-of-state
Book fees: $1,200
Miscellaneous expenses: $4,234
Other expenses: Transportation and personal.
Combined room and board expenses: $8,244

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15yesN/A
Institution's own financial aid formMarch 15yesN/A
State Aid FormMarch 15yesN/A

Date award notification begins: February 15
Applied for financial aid:
98% of first-year students
91% of full-time undergraduates
66% of part-time undergraduates
Determined to have financial need:
93% of first-year students
93% of full-time undergraduates
94% 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
96% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
92% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
91% of first-year students
90% of full-time undergraduates
84% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
9% of first-year students
9% of full-time undergraduates
9% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
10% of first-year students
13% of full-time undergraduates
14% 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):
71% for first-year students
70% for full-time undergraduates
47% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$21,711 for first-year students
$21,153 for full-time undergraduates
$7,970 for part-time undergraduates
Average need-based gift award:
$16,689 for first-year students
$15,669 for full-time undergraduates
$4,724 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,524 for first-year students
$6,158 for full-time undergraduates
$4,285 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,081 for first-year students
$4,773 for full-time undergraduates
$3,426 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
10% of first-year students
14% of full-time undergraduates
5% 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):
$10,219 for first-year students
$10,626 for full-time undergraduates
$2,434 for part-time undergraduates
Students who received a non-need-based athletic award:
0% of first-year students
7% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$0 for first-year students
$9,268 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 11%

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
  • State Loans
  • private/alternative loans.
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 100%
Average student debt upon graduation: $35,701
Types of payment plans:
  • Tuition Management Systems
  • 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)
  • academic merit scholarships/grants
  • creative arts/performance
  • special characteristics
  • TEACH Grant

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