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Private College

McMurry University

Private College in Abilene, TX. Six-year graduation rate 44%. Median 10-year earnings $48,779.

Verdict Mixed outcomes
McMurry University · Campus
Median earnings · 10 yr
$48,779
Median debt at grad
$27,000
Mobility score
2.8
% bottom→top quintile
Graduation rate
44.3%
Federal loan default
0%

Ten years after entry, the median McMurry University student earns $48,779 — a solidly middle-of-the-pack result for an undergraduate institution. 44% finish within six years — respectable, though a meaningful share still leave without a credential. Graduates leave owing a median of $27,000 — a substantial load to service on these earnings. It also moves people — 2.8% of students climb from the bottom fifth of the income distribution to the top.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Admissions

Acceptance rate
57%
Applicants
4,837
Yield rate
12.0%

McMurry University admits 57% of applicants and is genuinely selective — roughly two in five applicants are turned away. 4,837 applications came in, enough to make the rates below reasonably stable year to year. Only 12% of admitted students enroll — the great majority of admits go elsewhere or nowhere. 12% of enrolled first-years submitted an SAT score. The bands below describe the middle half of that group, not of the class.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading 490–590 41 (12%)
SAT Math 460–570
ACT Composite 18–24 22 (7%)

IPEDS Admissions · 2024

Apply at McMurry University →

Academics

Full-time retention
64%
Transfer-out rate
36%
Student:faculty
16:1

Six-year completion sits at 44%, meaning about three in five students who enroll leave without finishing. Retention of 64% means a meaningful slice of each entering class does not return. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. With 36% transferring out, this functions substantially as a stepping stone. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars.

Financial Aid

Average net price
$20,723
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
94%
degree- or certificate-seeking undergraduates
% receiving federal loans
68%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,108 degree- or certificate-seeking undergraduates

Students pay an average of $20,723 annually once grants are applied. The income table below is the number that matters — $15,946 at $0–30k versus $27,297 at $110k+. Grant aid is widespread — 94% of students receive it, averaging $21,156. Borrowing is widespread: 68% take federal loans.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
99%
Average grant
$23,083

IPEDS Student Financial Aid · 2023-24 · 318 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $15,946
$30–48k $16,181
$48–75k $18,272
$75–110k $23,285
$110k+ $27,297

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 749 of these 1,108 students, totalling $4,979,666 — an average of $6,648 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Taylor County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,010/mo
1 bedroom
$1,020/mo
2 bedroom (whole unit)
$1,276/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
112
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare McMurry University with peer institutions

How we evaluate McMurry University

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →