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Wednesday, October 16, 2024

In-state students at University of Memphis paid some of the highest tuition and fees in 2022

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Bill Hardgrave President | University of Memphis

Bill Hardgrave President | University of Memphis

The University of Memphis cost $10,056 in tuition and fees for students studying in-state, according to the latest disclosure from the National Center for Education Statistics.

This ranks the University of Memphis as one of the five most expensive schools in Tennessee in 2022.

The amount an in-state students in tuition and fees was unchanged from the previous year.

Out-of-state students attending the University of Memphis in 2022 were expected to pay $14,280, which is $192 more than the previous year.

The average cost of college has more than doubled in the 21st century, growing by more than 7% every year. In-state students can expect to spend nearly $10,000 on tuition alone per year at a public, 4-year post-secondary school.Meanwhile, out-of-state tuitions averages $27,457.

In 2022-23 a total of $240.7 billion in financial aid was granted to help graduate and undergraduate students.

Cost of education for in-state students in Tennessee in 2022
CityInstitution NameCollege costs
KnoxvilleThe University of Tennessee-Knoxville$13,244
MemphisThe University of Memphis$10,056
MartinThe University of Tennessee at Martin$9,912
ChattanoogaThe University of Tennessee-Chattanooga$9,848
CookevilleTennessee Technological University$9,802

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