Scholarships & Grants
The Financial Aid Office reserves the right to replace institutional grants and scholarships with other gift aid sources in the same amounts, in order to maximize limited resources. Please note that the total amount of gift aid awarded will not be reduced. McMurry based scholarship/awards will not exceed the cost of tuition.
The scholarships listed below require full-time enrollment unless noted. The annual amount is based on Fall and Spring enrollment and is awarded by semester. Transfer students with less than 24 transferable hours are subject to review of high school transcripts. Military awards cannot be stacked with Freshman or Transfer Scholarship/awards. McMurry scholarships, awards, and financial aid are awarded based on availability of funds. Amounts are subject to change.
For Incoming Students
Scholarships are based on high school GPA, recalculated on a 4.0 scale and weighted for honors/dual credit/AP/IB courses.
|
HS GPA |
Scholarship |
Yearly Amount |
|
| 4.25+ |
President |
$17,000 | |
| 3.85 - 4.24 |
University |
$15,500 | |
|
3.4 - 3.84 |
Deans |
$14,000 |
|
|
2.85 - 3.39 |
Trustees |
$12,000 |
|
| < 2.84 | Talon | $11,000 | |
|
TRANSFER AWARDS Scholarships are based on cumulative transfer GPA. |
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|
Eligibility |
Scholarship |
Yearly Amount |
|
| Member of PTK |
Phi Theta Kappa |
$15,000 | |
| 3.5 - 4.0 GPA |
Transfer 1 |
$13,000 | |
|
3.0 - 3.49 GPA |
Transfer 2 |
$12,000 | |
|
2.5 - 2.99 GPA |
Transfer 3 |
$10,000 | |
| 2.0 - 2.49 GPA | Tranfer 4 | $9,000 | |
| ADDITIONAL INSTITUTIONAL AID FOR FIRST-YEAR AND TRANSFER STUDENTS |
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| Out-of-State Grant | Up to $3,000 | Resident of a state other than Texas, Need Based, FAFSA Required | |
|
Fine Arts Award - Band/Art/Choir/Theater |
Up to $2,500 | Audition or portfolio review, Program participation required | |
|
Minister Dependent Award |
$1,500 |
Dependent of Active United Methodist Minister | |
|
Methodist Grant |
Up to $3,500 |
Documented member of United Methodist Church, Need Based, FAFSA Required | |
| Military Dependent Award |
30% Tuition Discount |
Full or part time enrollment, Dependent of full time active duty military personnel, Not stackable with merit award | |
| Community Commitment |
Up to 50% tuition discount |
For students whose parent/guardian works in a service industry, including healthcare, law enforcement, ministry, education, and non-profit work. | |
|
FEDERAL AND STATE AID (FAFSA Required) |
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| Federal Pell Grant |
Up to $6,345 |
Federal need-based award | |
| Tuition Equalization Grant (TEG) McMurry's TEG Policy |
Up to $3,420 |
State of Texas need-based award | |
| Federal Direct Loan Program | $3,500 to $5,500 | Subsidized and/or unsubsidized federal student loans | |
|
College Work Program |
Up to $2,320 | Eligibility to hold a student work job on-campus and earn additional aid | |
|
Federal Parent Loan Program |
Up to attendance cost minus other aid |
Federal loans to eligible parents | |
Eligibility and consideration for Federal and State financial aid requires completion of the Free Application for Student Aid (FAFSA) with McMurry University as a recipient of this information. McMurry's school code is 003591. It is highly recommended that you submit your FAFSA information as soon as possible after October 1 of the prior school year. Various types of aid are subject to the date of receipt of FAFSA information. Students who qualify for the work program may work up to 10 hours per week. A student must actually work to earn the amount they are awarded.