The average annual cost of attendance for Undergraduate Programs is 1,086,456 INR / Year, and the cost of attendance for Post Graduate Programs is roughly 1,891,932 INR / Year for overseas students. The amount may vary depending on the course chosen, the type of lodging, and the candidate's personal spending habits.

The institution has nine residence halls that offer basic amenities such as free laundry, television and wifi, dining spaces, sporting complexes, study lounges, and community kitchens. Lee Clark hall, Elizabeth hall, JH Richmond hall, HC Franklin hall, Hart hall, Hester hall, Regents hall, and RH White hall are the residential halls. A double room costs between $2,725 USD and $3,472 USD. Off-campus accommodation costs roughly 1000 to 1500 USD per month on average.

The university has over 9,500 students, 345 of them are international students from approximately 50 countries. Murray State University's admissions process is relatively selective, with an acceptance rate of 81%.

There are over 170 student organisations at Murray State University, ranging from environmental clubs to honour societies. There is the option of a residential college, where students can feel at home while also receiving many amenities such as sports, other activities, and other traditions. The university also provides auxiliary services such as meals, lodging, a racecard, and a university store. Murray State University is also well-known for its active learning environments.

Murray State University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, baccalaureate, master's, specialist, and doctorate degrees.

54.5 percent of university graduates find work within three months of graduation, while 23 percent of students select higher education. The university features an active career centre that assists students in quickly finding jobs in the United States, and it also hosts over 250 recruitment events with over 350 organisations. To boost their employability, students are given resources such as textbooks, practise interviews, and other services. Murray State University is well known for providing paid and unpaid internships. Murray State University graduates earn an average salary of 13 lakhs.