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84.0%Acceptance
$9,708Tuition
6,646Students
60%Grad Rate (6-yr)
$44,737Earnings
#16 in KentuckyPublic4-yearSAT/ACT Test OptionalNCAA Division IStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$9,708
Out-of-State Tuition
$19,452
Average Net Price
$9,121
Students Receiving Financial Aid
31.4%
Room & Board (On Campus)
$10,594
Room & Board (Off Campus)
$12,534
Books & Supplies
$900
Total Cost of Attendance
$21,202
Median Debt at Graduation
$20,500
Estimated Monthly Loan Payment
$217/mo
Loan Repayment Rate
57.3%
Students Taking Federal Loans
36.6%
Pell Grant Recipients
31.4%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $5,594
$30,001 – $48,000 $5,703
$48,001 – $75,000 $9,616
$75,001 – $110,000 $13,423
$110,001+ $14,282

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most Murray State families pay far less than the $21,202 sticker price. Students from families earning under $30,000 pay just $5,594 net annually, while those from higher-income families ($110,000+) pay $14,282. Over four years, costs range from $22,376 to $57,128 depending on family income. The university keeps costs manageable for a regional public school serving western Kentucky and surrounding areas.

Graduates leave with a median debt of $20,500, translating to monthly payments of $217. With median earnings hitting $44,737 ten years after graduation, loan payments represent about 5.5% of income. The 96.6% employment rate shows Murray State's job-focused programs deliver results. Low-income students get the best financial deal here, paying roughly one-quarter of what wealthy families pay while accessing the same nursing, agriculture, and education programs that built the university's reputation.

Official Net Price Calculator

Get a personalized cost estimate from Murray State University:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.