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Financial Aid

Scholarships & Grants

For Incoming Students 2009/2010

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.

TYPE OF SCHOLARSHIP
ANNUAL AMOUNT
ACADEMIC PROFILE/ELIGIBILITY REQUIREMENTS
FRESHMAN
(based on official SAT/ACT scores, re-calculated H.S. G.P.A. (core subjects on a 4.0 scale)

Honors Scholarship*
Full Tuition
Top 5% or 1220 SAT or 27 ACT;  4 year scholarship, maintain 3.5 GPA; Requires honors program application completed by February 1
Presidential plus Trustee Honors Scholarship*  $12,000 to $10,500  Top 5% of class or 1220 SAT (CR+M) or 27 ACT; 4 year scholarship, maintain 3.5 GPA; Requires honors program application completed by February 1
Presidential Scholarship
Up to $10,000
1200 SAT (CR+M), 27 ACT, 3.8 GPA;     4 year scholarship, maintain 2.75 GPA
University Scholarship
Up to $8,000
1070 SAT (CR+M), 23 ACT, 3.6 GPA; 4 year scholarship, maintain 2.0 GPA
Dean's Scholarship
Up to $7,000
990 SAT (CR+M), 21 ACT, 3.2 GPA; 4 year scholarship, maintain 2.0 GPA
McMurry Award
Up to $5,500
2.75 GPA, maintain 2.0 GPA
 
TRANSFER
(based on the Admission Transfer G.P.A. on all transferable work)
Phi Theta Kappa Scholarship
Up to $7,500
Member of PTK, 3.7 GPA;
maintain 3.0 GPA
Transfer I Scholarship
Up to $6,500
3.6 GPA, 24 hrs transferred;       maintain 2.5 GPA
Transfer II Scholarship
Up to $6,000
3.3 GPA, 24 hrs transferred;       maintain 2.0 GPA
Transfer III Scholarship
Up to $5,500
3.0 GPA, 24 hrs transferred;       maintain 2.0 GPA
Transfer Award  Up to $5,000
2.5 GPA, 24 hours transferred
Junior College Graduate Award

 Up to $2,000

 Graduate of Junior College/Community College with a 2.0 to 2.49 GPA, maintain 2.0 GPA

Designated Junior College Award
 Up to $1,500
 Attending or last attended Cisco, Howard, Lon Morris, Ranger, or Western Texas, Other requirements apply, contact Admissions for details, maintain 2.0 GPA
 
 
ADDITIONAL AID FOR
FRESHMAN AND TRANSFER STUDENTS
Trustee Honors (Presidential + Trustee Honors recipients are not eligible)
$2,000
Acceptance to and participation in the Honors Progrm
Out-of-State Grant
Up to $3,000
 Resident of a state other than Texas, Need Based, FASFA Required
McMurry Grant
Up to $3,500
 Need Based, FAFSA Required
Fine Arts Award - Band/Art/Choir/Theater
Up to $2,000
2.0 GPA - Program Participation, Audition/Portfolio
Minister Dependent Award
$1,500
Dependent of United Methodist Minister
Methodist Grant
Up to $3,500
Documented Member United Methodist Church, Need Based, FAFSA Required
Military Dependent Award
30% Tuition Discount
Full or Part Time Enrollment, Dependent of Full Time Active Military Personnel
Military Award $262 per hour
 Full or Part Time Enrollment, Full Time Active Duty Military Member
   
FEDERAL AND STATE AID
FAFSA REQUIRED - McMurry Code 003591
Federal Pell Grant
Up to $5,350

 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 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.

SEOG (Grant)
Up to $1,000
TEG (Grant)
Up to $3,331
ACG (Grant)
Up to $1,300
SMART Grant
Up to $4,000
Federal Stafford Loan Program
$3,500 to $5,500

College Work  Program


 

 Up to $2,320

Federal Perkins Loan Program

 Up to $4,000

   


Apply for Financial Aid Now!

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

 

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