Financial Aid

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.

Apply for a Endowed Scholarships

For Incoming Students 2014-2015

TYPE OF SCHOLARSHIP
ANNUAL AMOUNT
ACADEMIC ELIGIBILITY REQUIREMENTS
FIRST-YEAR AWARDS
(based on official SAT/ACT scores, H.S. G.P.A. on a 4.0 scale)

Honors Scholarship
Full Tuition
Top 5% or 1220 SAT or 27 ACT; 4 year scholarship. Requires acceptance and participation in the Honors Program; February 1 application deadline. Renewal requires a 3.5 GPA.
Trustee Honors Scholarship
$3,000
Awarded in addition to a McMurry First-Year Award for which student qualifies; Requires acceptance to and participation in the Honors Program. Renewal requires a 3.5 GPA.
Presidential Scholarship
$12,000
950+ SAT or 20+ ACT and 3.5+ GPA. Renewal requires a 3.5 GPA. 
University Scholarship
$11,500

Less than 950 SAT or Less than 20 ACT and 3.5+ GPA
OR
1100+ SAT or 24+ ACT and 3.0-3.499 GPA
Renewal requires a 2.0 GPA.

Dean's Scholarship
$10,000
Less than 1100 SAT or Less than 24 ACT and Less than 3.5 GPA
OR
1100+ SAT or 24+ ACT and Less than 3.0 GPA
Renewal requires a 2.0 GPA.
 
TRANSFER AWARDS
(based on the Admission Transfer G.P.A. on all transferable work)
Phi Theta Kappa

$8,500

Documented Member of PTK, 3.7 GPA; maintain a 3.0 GPA.
Transfer Trustee Honors Scholarship

$1,000

Requires acceptance to and participation in the Honors Program; July 15 application deadline; awarded in addition to a McMurry Transfer Award
Transfer 1 Scholarship
$7,500
 3.6 GPA, 24 hours transferred; maintain 2.5 GPA
Transfer 2 Scholarship
$6,500
 3.0 GPA, 24 hours transferred; maintain 2.0 GPA
Transfer 3 Scholarship
$5,500
 2.5 GPA, 24 hours transferred; maintain 2.0 GPA
Transfer 4 Scholarship  $4,500
 2.00 GPA, 24 hours transferred; maintain 2.0 GPA
 
ADDITIONAL AID FOR
FIRST-YEAR AND TRANSFER STUDENTS
Out-of-State Grant
Up to $3,500
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, and 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.
 
FEDERAL AND STATE AID (FAFSA Required)
Federal Pell Grant
Up to $5,730
 
TEG (Grant)
Up to $3,250
 
Federal Stafford Loan Program
$3,500 to $5,500
 

College Work Program

 Up to $2,320
 

Federal Perkins Loan Program

 Up to $4,000

 
 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 January 1. 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.


Click here to complete your FAFSA

Frequently Asked Questions "Is the FAFSA required to apply for the faculty/staff scholarship?"
 
Frequently Asked Questions "What determines whether or not I will receive financial aid?"

For more information, contact:

Financial Counselor
Campus Box 908
(325) 793-4713
(800) 460-2392 Ext. 4713
mailto:financialaid@mcm.edu