Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$26,421
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $38,824 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $38,824 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $14,804 |
| Books and Supplies | $1,650 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
70%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
23%
Average Aid Per Year
$24,404
23%
Average Federal Grant Aid Per Year
$5,234
Average Institution Grant Aid Per Year
$20,660
47%
Average State Grant Aid Per Year
$5,073
26%
Average Federal Grant Aid Per Year
$5,234
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$47,102,240
Total Non-Need-Based Scholarships/Grants
$19,653,065
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
39%
Average Loan Amount Per Year
$7,756
Students receiving federal loans
38%
Average Federal Loans Per Year
$5,041
Average Other Loans Per Year
$19,025
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$15,817
Loan Default Rate
3%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$203
What Students Are Saying
Really, you do get your money's worth coming here. Though it is roughly $20,000 for tuition a year, it is worth every cent. Usually home games are free for students, food is always free if there's an activity going on, and the food in the Bison cafe is amazing. Also, the guidance counselors are always there to help you when you ask. They're great!
Erica from LA Vergne, TN
Don't get me wrong. Lipscomb is a prestigious school. It's all in the price tag. The money I am paying is worth it though. The SGA and the College Ministry Team are always providing free food or some kind of fun activity for the students.
Charles from Nashville, TN
At almost $31,000 a year per student, the cost is feasible when compared to the education Lipscomb offers. The amount mentioned above includes tuition, room and board, student fees and other random charges.
In room and board, you pay a certain amount based upon what dorm you live in and whether you have a single or double room. I live in Elam Hall and it's great! The dorms are kept clean and maintenance is really good about fixing problems (leaky facets, burned out light bulbs, squeaky doors, etc) quickly. Besides picking what dorm you'll live in, you will also choose what meal plan you want. The Bison Herd (210 meals + 15 floating meals) is the standard meal plan for most college students. It averages out to be 2 meals per day with a little extra to spend throughout the semester. Also, flex dollars can be added to the meal plan to use in the store or student center food court.
Student fees and other charges include stuff like a pass to the Student Activity Center (gym and work-out center), free admission to all athletic games held on campus, parking fees and free admission to various activities that may come up throughout the semester.
Books are not included in the $31,000, however, you can usually find your books for each semester for $500 or less. Amazon or AbeBooks sells many of the books you will need for history, English, Bible, etc. at a reduced cost. If you cannot find them online, you can always rent or buy them from Lipscomb's bookstore.
In room and board, you pay a certain amount based upon what dorm you live in and whether you have a single or double room. I live in Elam Hall and it's great! The dorms are kept clean and maintenance is really good about fixing problems (leaky facets, burned out light bulbs, squeaky doors, etc) quickly. Besides picking what dorm you'll live in, you will also choose what meal plan you want. The Bison Herd (210 meals + 15 floating meals) is the standard meal plan for most college students. It averages out to be 2 meals per day with a little extra to spend throughout the semester. Also, flex dollars can be added to the meal plan to use in the store or student center food court.
Student fees and other charges include stuff like a pass to the Student Activity Center (gym and work-out center), free admission to all athletic games held on campus, parking fees and free admission to various activities that may come up throughout the semester.
Books are not included in the $31,000, however, you can usually find your books for each semester for $500 or less. Amazon or AbeBooks sells many of the books you will need for history, English, Bible, etc. at a reduced cost. If you cannot find them online, you can always rent or buy them from Lipscomb's bookstore.
Kyrsten from Kansas City, MO
There is no doubt that Lipscomb is expensive. I recommend getting plenty of scholarships and grants to take some stress off your shoulder. In the end it is totally worth it, being that they provide plenty of benefits and activities.
Victor from Antioch, TN
Lipscomb University is not a cheap school nor an easy school; however, the price and challenge of the school is definitely worth it!! The education you will receive is unlike any other! You will learn more than just how to pass an exam; you will learn how to successfully and correctly do what is needed to be done in your career choice.
Kayla from Florence, MS
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