
Open Admissions
Graduation
University of Memphis is a public four-year institution located in Memphis, Tennessee. With an enrollment of approximately 13,645 undergraduate students, it is a mid-size institution. With an acceptance rate of 93%, the institution maintains an accessible admissions process. The graduation rate is 49%. Graduates earn a median salary of $48,458 within 10 years of enrollment. After financial aid, the average student pays a net price of $13,253 per year.
Acceptance Rate
93%
Class of 2026 data
Graduation Rate
49%
Enrollment
13,645
Total students
Median Earnings
$48,458
10 yrs after entry
In-State Tuition
$10,344
Per year
Out-of-State Tuition
$14,784
Per year
Average Net Price
$13,253
After aid (avg)
SAT Range
N/A or test-optional
SAT Score Range (M+R)
Test-optional / N/A
ACT Score Range
17 – 24
SAT Score (Math + Reading)
SAT Math
25th
440
75th
590
ACT Composite
25th
17
75th
24
What most students actually pay
Return on Investment
Good4-Year Cost
$53,012
10-Year Earnings
$484,580
ROI Multiple
9.1×
Based on avg net price × 4 years vs. median earnings × 10 years after enrollment
Graduation Rate
Within 6 years
Median Earnings
10 years after enrollment
Total Enrollment
Undergraduate students