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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.


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