In 2016, Fisk University's tuition was $19,624 a year.
On average, college tuition rises about 3%ba year.
If these numbers seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.
Fisk University is a private, religious institution, so it has the same tuition for residents of Tennessee as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.
Choosing a school where you qualify for in-state tuition can drastically reduce the overall cost of college. Be sure to confirm 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 additional requirements as well, depending on where you live.
Fisk University has the same tuition for international students as for those from out of state.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may be eligible for the following types of financial support at Fisk University:
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of 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 Fisk University.
Housing and campus dining at Fisk University is $10,790 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the school dining facilities.
Board costs may vary depending on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs. Students who attend Fisk University full time pay $1,856 in fees each academic year.
Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways so that those who may struggle to participate because of cost can get help covering these costs.
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 plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can also have a big effect on 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 flip side, transportation in a city may be costly, but there may be more trains, busses and low-cost flight options to actually get to school. The Fisk University campus is located in a urban setting in Tennessee.
When you're planning for college, don’t forget to consider personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo .
Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Fisk University.
|2021 Total Tuition and Expenses|
|Room and Board||$10,790|
|Total Estimated Costs|
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.
Fisk University’s tuition and fees change based on: Course load for full-time students
The majority of Fisk University undergrads use financial aid to finance their education. In 2021, 499 of the 805 undergrads enrolled received financial aid. Fisk University meets 75% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,181 a year. Around 49% of Fisk University undergrads take out student loans to cover any remaining costs. Fisk University graduates who have student loans graduate with an average of $6,147 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Fisk University-Specific Loans||$0|
|Most Common Loans for Fisk University Students|
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 Fisk University financial aid, keep reading, or visit their financial aid website.
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 2021, Fisk University awarded 499 need-based scholarships to students, giving away total of $8 million to help students with financial need cover the cost of school.
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 Fisk 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 Fisk University was $14,181 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Fisk University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Fisk 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Fisk University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Fisk University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Fisk University has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
Connect with other students, parents, and admissions professionals to learn more about about Fisk University in the College Confidential forums