by our College Data Analytics TeamThis guide covers the real cost of attending Murray State College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
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Cost of attendance at Murray State College fell between $22,189.00 and $26,389.00 depending on whether you qualify for in-state rates.
The lower figure reflects the in-state rate and the higher figure the out-of-state rate: around $22,189.00 in-state, rising to $26,389.00 out of state.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $7,230.00 |
| + Room, board & other expenses | $14,959.00 |
| Total cost | $22,189.00 |
| That is 15% above the national average net price. |
| Total cost | $22,189.00 |
| − Grants and scholarships | −$7,882.00 |
| Net price | $14,307.00 |
| That is 26% below the national average net price. |
| Total cost | $22,189.00 |
| − Grants and scholarships | −$7,503.00 |
| Net price | $14,686.00 |
| That is 24% below the national average net price. |
| Tuition and fees | $11,430.00 |
| + Room, board & other expenses | $14,959.00 |
| Total cost | $26,389.00 |
| That is 37% above the national average net price. |
| Total cost | $26,389.00 |
| − Grants and scholarships | −$7,882.00 |
| Net price | $18,507.00 |
| That is 4% below the national average net price. |
| Total cost | $26,389.00 |
| − Grants and scholarships | −$7,503.00 |
| Net price | $18,886.00 |
| That is 2% below the national average net price. | |
| Explore each piece on tuition and fees and living costs. |
Costs have trended upward in recent years by roughly 1.8% annually, so the projections below total more than one year of attendance. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.8% | 1.8% | 1.8% |
| Freshman year | $14,957.00 | $14,571.00 | $22,599.00 |
| Senior year | $15,801.00 | $15,393.00 | $23,874.00 |
| Total 4-year net price | $61,507.00 | $59,919.00 | $92,930.00 |
| 10-year loan interest @ 6.8% | $23,432.00 | $22,827.00 | $35,403.00 |
| Total monthly payment | $708.00 | $690.00 | $1,069.00 |
| Total amount paid | $84,938.00 | $82,746.00 | $128,333.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.8% | 1.8% | 1.8% |
| Freshman year | $14,957.00 | $14,571.00 | $22,599.00 |
| Senior year | $15,233.00 | $14,840.00 | $23,016.00 |
| Total 2-year net price | $30,191.00 | $29,412.00 | $45,615.00 |
| 10-year loan interest @ 6.8% | $11,502.00 | $11,205.00 | $17,378.00 |
| Total monthly payment | $347.00 | $338.00 | $525.00 |
| Total amount paid | $41,692.00 | $40,616.00 | $62,992.00 |
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.8% | 1.8% | 1.8% |
| Freshman year | $19,235.00 | $18,849.00 | $26,876.00 |
| Senior year | $20,320.00 | $19,912.00 | $28,393.00 |
| Total 4-year net price | $79,097.00 | $77,509.00 | $110,520.00 |
| 10-year loan interest @ 6.8% | $30,133.00 | $29,528.00 | $42,104.00 |
| Total monthly payment | $910.00 | $892.00 | $1,272.00 |
| Total amount paid | $109,230.00 | $107,038.00 | $152,624.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.8% | 1.8% | 1.8% |
| Freshman year | $19,235.00 | $18,849.00 | $26,876.00 |
| Senior year | $19,590.00 | $19,197.00 | $27,373.00 |
| Total 2-year net price | $38,825.00 | $38,046.00 | $54,249.00 |
| 10-year loan interest @ 6.8% | $14,791.00 | $14,494.00 | $20,667.00 |
| Total monthly payment | $447.00 | $438.00 | $624.00 |
| Total amount paid | $53,616.00 | $52,540.00 | $74,916.00 |
Read more in the net-price section.
Net price strips out grant and scholarship aid to show what families really pay. For most families it is a more realistic figure than the published cost.
| Average net price (on-campus) | $12,844.00 |
| Average net price (off-campus) | $15,071.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $14,627.00 |
| $30,000 to $48,000 | $15,133.00 |
| $48,001 to $75,000 | $15,735.00 |
| $75,001 to $110,000 | $14,519.00 |
| Over $110,000 | $15,460.00 |
Estimate your specific net price using the school’s Murray State College Net Price Calculator, or get in touch with the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid page.
The median graduating debt at Murray State College amounts to $8,886.00, which federal data classifies as a Very Low (<$10k) debt-burden category.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,249.00 |
| 25th | $4,400.00 |
| Median (50th) | $8,886.00 |
| 75th | $16,275.00 |
| 90th | $28,786.00 |
The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.
For the full borrowing and repayment picture, see the student loan debt detail.
Student debt at graduation is not evenly distributed across income levels. The table below divides borrowers into three income tiers:
| Family income | Median debt at graduation |
|---|---|
| Low income | $9,500.00 |
| Middle income | $8,291.00 |
| High income | $8,500.00 |
Graduates from lower-income families carry $1,000.00 in additional median debt versus high-income graduates.
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,058.00 |
| Continuing-generation students | $7,829.00 |
First-generation graduates of Murray State College hold $1,229.00 more than continuing-generation graduates.
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. The Pell vs non-Pell debt gap reveals how borrowing differs by need.
The median debt gap between Pell and non-Pell graduates of Murray State College is $1,618.00. Federal data flags this school for Pell-related debt inequity.
The federal default-rate tier for Murray State College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 22.8% |
For a sense of scale, Stafford disbursements at Murray State College reach $103,477,251.00 spread across 7,510 disbursements.
Veterans and active-duty servicemembers can tap dedicated federal aid programs like the Post-9/11 GI Bill and DoD tuition assistance.
| GI Bill recipients | 61 |
| Avg GI Bill amount | $2,234.00 |
For the full rundown of veteran and military benefits, see the veterans benefits detail.
Numbers only tell part of the story. As you weigh Murray State College, the questions below are worth your time:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.