Lincoln Memorial University

In 2022, tuition for full-time students at Lincoln Memorial University was $25,680 a year.

In 2023, tuition increased 8.08%–from $23,760 the previous year. Usually, college tuition rises about 3% year.

If these numbers feel scary, remember, the displayed price of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Lincoln Memorial University meets 59.9% of the demonstrated financial need for undergraduates. First-year students that attend Lincoln Memorial University full-time are awarded $23,696 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $32,511 per student, not including those with no debt.

Lincoln Memorial University: In-state vs. Out-of-State Tuition

Lincoln Memorial University is a private, nonprofit institution, so it has the same tuition for residents of Tennessee as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to verify your state's rules for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.

Explore other Tennessee colleges

Tuition for International Students at Lincoln Memorial University

Lincoln Memorial University has the same tuition for international students as for those from out of state.

International students usually do not qualify for for federal financial aid, but may be eligible for private or Lincoln Memorial University-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships.

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Lincoln Memorial University Living Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Lincoln Memorial University.

Room and Board Costs at Lincoln Memorial University

Board costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Lincoln Memorial University?

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer resources so that those with financial need to get help covering these costs.

The Cost of Transportation at Lincoln Memorial University

The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area is usually costly, but cities may offer more buses, trains or affordable flights to actually get to school. Lincoln Memorial Universityis located in a town in Tennessee.

Other Costs

When budgeting for college, be sure to consider personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Lincoln Memorial University

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Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to Lincoln Memorial University.

How Much Does Lincoln Memorial University Cost?

What will the cost of attending Lincoln Memorial University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$25,680
Other expenses	$2,050

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$28,200
Off-Campus	$26,150

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Lincoln Memorial University

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The majority of Lincoln Memorial University undergrads use financial aid to to cover the cost of tuition. In 2023, 924 of the 1,560 undergrads enrolled received financial aid. Lincoln Memorial University meets 59.9% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $23,696 a year. Around 43% of Lincoln Memorial University undergrads take out student loans to cover any remaining costs. Lincoln Memorial University graduates who have student loans graduate with an average of $32,511 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$31,840
Private Loans	$18,475

Most Common Loans for Lincoln Memorial University Students
Federal Loans	42%
Private loans	4%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Lincoln Memorial University financial aid, keep reading, or visit their financial aid website.

Scholarships at Lincoln Memorial University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Lincoln Memorial University awarded 899 need-based scholarships to students, giving away total of $16.4 million to help students with financial need cover the cost of school. An additional $3.64 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Lincoln Memorial University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Lincoln Memorial University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Lincoln Memorial University was $23,696 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lincoln Memorial University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$4,504
Off-Campus	$2,454

What will attending Lincoln Memorial University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Lincoln Memorial University's net cost calculator on their website.

Lincoln Memorial University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Lincoln Memorial University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Lincoln Memorial University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Lincoln Memorial University's endowment was valued at $48.3 million in 2023, compared to a national average of $905 million. The school spends $10,417 for each full-time student enrolled.

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Learn More About Lincoln Memorial University

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Overview

Student Life

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