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Colleges / LeMoyne-Owen College

LeMoyne-Owen College

Memphis, TN 4-Year Private
Acceptance Rate100%

Lemoyne Owen College Tuition Information

In 2019, tuition for full-time students at Lemoyne Owen College was $10,776 a year.

Tuition was the same price in 2023 compare to the year before. On average, college tuition rises about 3% year.

If these numbers sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.

LeMoyne-Owen College meets 51.46% of the demonstrated financial need for undergraduates. First-year students that attend LeMoyne-Owen College full-time are awarded $12,938 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $28,288 of debt.

In-state vs. Out-of-state Tuition at LeMoyne-Owen College

LeMoyne-Owen College 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. Public insitutions often offer a lower cost of attendance for those who qualify as Tennessee residents.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to confirm your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently live in.

Explore other Tennessee colleges

Is LeMoyne-Owen College's Tuition Different for International Students?

Tuition at LeMoyne-Owen College is the same for each student.

International students are not eligible for federal financial aid, 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 LeMoyne-Owen College:

•LeMoyne-Owen College-specific scholarships

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


LeMoyne-Owen College Living Expenses, Fees, and More


Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at LeMoyne-Owen College.

House and Food Costs at LeMoyne-Owen College

Housing and campus dining at LeMoyne-Owen College is $6,100 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the school dining halls.

Meal-plan costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at LeMoyne-Owen College

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

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have resources for students who may struggle to participate because of cost can get help covering these costs.

The Cost of Transportation at LeMoyne-Owen College

The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get 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 will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. At LeMoyne-Owen College, freshman are allowed to park on campus.

A school's location can also have a big effect on transportation costs. 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 may be expensive, but there may be more buses, trains or low-cost flight options to actually get to school. The LeMoyne-Owen College campus is in a city in Tennessee, near Memphis and Tennessee.

Other Costs

When budgeting for college, don’t forget to take into account 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.


Financial Breakdown for LeMoyne-Owen College


Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for LeMoyne-Owen College.

How Much Does LeMoyne-Owen College Cost?

What will the cost of attending LeMoyne-Owen College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition $10,776
Room and Board $6,100

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

Total Estimated Costs
On-Campus $18,176
Off-Campus $12,076

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.


Financial Aid at LeMoyne-Owen College


The majority of LeMoyne-Owen College undergrads use financial aid to finance their education. In 2023, 710 of the 945 undergrads enrolled received financial aid. LeMoyne-Owen College meets 51.46% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $12,938 a year. Around 96% of LeMoyne-Owen College undergrads take out student loans to cover any remaining costs. LeMoyne-Owen College graduates who have student loans graduate with an average of $28,288 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $28,288
Private Loans $0
Most Common Loans for LeMoyne-Owen College Students
Federal Loans 96%

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 LeMoyne-Owen College financial aid, keep reading, or visit their financial aid website.

Scholarships at LeMoyne-Owen College

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, LeMoyne-Owen College awarded 672 need-based scholarships to students, giving away total of $6 million to help students with financial need cover the cost of school. An additional $220,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

LeMoyne-Owen College 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 LeMoyne-Owen College 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 LeMoyne-Owen College was $12,938 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of LeMoyne-Owen College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $5,238
Off-Campus $-862

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending LeMoyne-Owen College 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the LeMoyne-Owen College's net cost calculator on their website.

LeMoyne-Owen College 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.

Does Lemoyne Owen College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to 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.

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

LeMoyne-Owen College'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.

As of 2019, the total market value of LeMoyne-Owen College's endowment was $52 million. The average college endowment was $905 million in 2021.


Learn More About LeMoyne-Owen College


To learn more about LeMoyne-Owen College, choose from the options below:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about LeMoyne-Owen College in the College Confidential forums

Lemoyne Owen College Tuition & Fees

Tuition & Fees

$18,176

In State

$18,176

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$10,776
$10,776
Fees
$1,300
$1,300
Housing
$6,100
$6,100
Books
Unknown
Unknown

Lemoyne Owen College Financial Aid

Students Who Receive Need-Based Aid

91%

Average Financial Aid Package

$12,203

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,553

Campus Setting

Urban

Acceptance Rate

100%

Tuition and Fees

In State

$12,076

Out-of-State

$12,076

Fall Freshmen
Application Deadline

Apr 1
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