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. SAT score requirements for scholarships are based on the Critical Reading and Math subsection scores combined. 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

FIRST-TIME FRESHMAN (2021-22 Academic Year: 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.)
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
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 or parents who work in service.

FEDERAL AND STATE AID (FAFSA Required)
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.