Cost & aid
What it costs
In 2023–24, the average first-year paid an estimated $16,567 in total (tuition, housing, food, books and other costs, after grants), $7.7K less than the national median. The 100% who received grants paid $10,182 on average; the other 0% paid the full sticker price of $26,919 in-state / $36,663 out-of-state.
- Full price, in-state
- $26,919 a year
- tuition, housing, food, books, and other costs
- Need-based aid
- Little need-based aid above $110K
- aid thins out for families above that income
Cost by family income
Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).
Hover, tap, or use the arrow keys to read the price at an income.
- Published federal figures
View as a table
| Family income | Price per year |
|---|---|
| $0–30K | $6K a year |
| $30–48K | $6K a year |
| $48–75K | $8K a year |
| $75–110K | $13K a year |
| $150K | Published data end at $110K |
| $200K | Published data end at $110K |
| $250K | Published data end at $110K |
| $300K | Published data end at $110K |
| $350K | Published data end at $110K |
| $400K and above | Published data end at $110K |
At $150K: Published data end at $110K
Published data end at $110K; use the college's net price calculator for a number.
Your own number depends on the details below, so use the college's calculator for it.
What can change this
- Savings and investments above a typical amount raise the price. The curve assumes typical assets.
$16,567
Tuition, housing, food, books & other expenses, after grants · 2023–24
100% got grants averaging $14,178; 0% got none.
Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.
Who pays what
Share of first-year students, 2023–24.
Sticker price by residency
| Rate | Tuition & fees | First-years | |
|---|---|---|---|
| In-state | $9,708 | $26,919 | 61% |
| Out-of-state | $19,452 | $36,663 | 39% |
Full cost adds books, on-campus room & board, and other expenses ($17,211) to tuition and fees.
$20.5K
≈ $217/month for 10 years
1.5 yrs
of median salary to cover 4 years of net price
About 1 in 3 undergrads borrows federally.
Everyone who borrowed and left, whether or not they graduated.
Three years into repayment
Where former undergraduates stand on their federal loans.
- Paid in full10%
- Paying it down18%
- Payments paused36%
- Not paying it down21%
- Behind or in default13%
- Forgiven or discharged1%
Some shares are published as a small range to protect privacy.
Who actually gets aid
Aid generosity
GenerousGrants cover 46% of the $30,719 full price on average across all first-years (generous), more than at 65% of colleges. The sticker price overstates what most students here actually pay.
$14,152 in grants per first-year ÷ $30,719 full price.
Who gets grants and scholarships
Full-time first-year students (1,646), 2023–24
Where the aid comes from
Share of first-year students receiving each; averages are per recipient.
Aid by family income
By family income: only students who received federal aid, because income is only reported for them.
Aid by family income isn't reported.
Applying for aid
For fall 2022 entrants.
Deadline: none · Aid offers: on a rolling basis · Reply by: May 1
Dates for fall 2022 entrants; the next cycle's are usually similar.
What the college's own scholarships consider
| Academics | ✓ | ✓ |
|---|---|---|
| Alumni connection | ✓ | ✓ |
| Art | ✓ | ✓ |
| Athletics | ✓ | not marked |
| Job skills | ✓ | not marked |
| ROTC | ✓ | not marked |
| Leadership | ✓ | ✓ |
| Music or drama | ✓ | ✓ |
| State or district residency | ✓ | ✓ |
A blank means the college didn't mark it, not that it never counts.
In the college's words:
“Students must complete the FAFSA in order to receive University scholarships and tuition discounts. New students, who meet ACT or SAT score requirements for scholarships, receive tuition discount scholarships”Murray State University Common Data Set
Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;Murray State University Common Data Set 2021–22, 2020–21;Murray State University Common Data Set 2021–22, Fall 2022 entrants;Murray State University Common Data Set 2021–22, 2021–22;IPEDS directory (Institutional Characteristics: HD), 2025–26;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)