In case the students at McMurry University face any financial issues concerning the fees and cost of living, and find the same to be high, they can seek help from the financial aid department of the varsity. It focuses on settling the issues that students face, and candidates can be assisted with scholarships, grants, and student loans. At the university, the average federal grant comes to be around $5,090, whereas the financial aid is $14,588. Prospective students can benefit from state-level aid worth $3,136 as well as institutional aid worth $14,588. At MU, the total amount of non-need-based scholarships/grants awarded to students stands at $1,854,128 per year.