Lenoir-Rhyne University

In 2021, tuition for full-time students at Lenoir Rhyne University was $43,000 a year.

Tuition increased 3.61% in 2023–from $41,500 the prior year. On average, college tuition rises about 3% year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theprice of collegefeel more doable until you're done with college.

Lenoir-Rhyne University meets 75.89% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Lenoir-Rhyne University is around $36,422 a year.

In 2020, students graduated with an average of $30,388 in student loans for each student with debt.

Does Lenoir-Rhyne University Offer In-State and Out-of-State Tuition?

Lenoir-Rhyne University is a private, religious institution, which means it has the same tuition for residents of North Carolina as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's criteria for in-state residency. 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 other criteria too, depending on where you live.

Explore other North Carolina colleges

Do International Students Pay More to Go to Lenoir-Rhyne University?

Lenoir-Rhyne 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 school-specific aid and scholarships.

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

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Lenoir-Rhyne University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Lenoir-Rhyne University.

Room and Board Costs at Lenoir-Rhyne University

Room and board at Lenoir-Rhyne University is $12,900 a year. This number includes 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 Lenoir-Rhyne University's on-campus cafeterias and dining halls.

Meal-plan costs can depend on the number of meals you intend to eat on-campus

How Much Do Books Cost at Lenoir-Rhyne University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. 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 books from students who have already taken the course.

Annual Fees

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

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Lenoir-Rhyne University

The total 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 own a car, or will you need to use public transportation? All of these factors can make a big difference in your estimated cost of transportation. At Lenoir-Rhyne University, freshman are allowed to park on campus.

A school's location can impact your transportation budget. 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 pricey, but cities may offer more buses, trains or low-cost flight options to actually get to school. The Lenoir-Rhyne University campus is in a town in North Carolina, near Charlotte.

Other Costs

When you're planning for college, don’t forget to take into account personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Lenoir-Rhyne University

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Lenoir-Rhyne University.

How Much Does Lenoir-Rhyne University Cost?

What will the cost of attending Lenoir-Rhyne University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$43,000
Room and Board	$12,900

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

Total Estimated Costs
On-Campus	$55,900
Off-Campus	$43,000

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 Lenoir-Rhyne University

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The majority of Lenoir-Rhyne University undergrads use financial aid to finance their education. In 2023, 1,133 of the 1,793 undergrads enrolled received financial aid. Lenoir-Rhyne University meets 75.89% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $36,422 a year. Around 78% of Lenoir-Rhyne University undergrads take out student loans to cover any remaining costs. Lenoir-Rhyne University graduates who have student loans graduate with an average of $30,388 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$27,056
State Loans	$11,667
Private Loans	$26,755

Most Common Loans for Lenoir-Rhyne University Students
Federal Loans	78%
State loans	2%
Private loans	9%

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 Lenoir-Rhyne University financial aid, keep reading, or visit their financial aid website.

Scholarships at Lenoir-Rhyne 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, Lenoir-Rhyne University awarded 1,128 need-based scholarships to students, giving away total of $31.7 million to help students with financial need cover the cost of school. An additional $6 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Lenoir-Rhyne 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 Lenoir-Rhyne 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 Lenoir-Rhyne University was $36,422 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lenoir-Rhyne University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,478
Off-Campus	$6,578

What will attending Lenoir-Rhyne 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 Lenoir-Rhyne University's net cost calculator on their website.

Lenoir-Rhyne 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.

Lenoir Rhyne University Tuition Waivers

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools 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.

Lenoir-Rhyne 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.

As of 2021, the total market value of Lenoir-Rhyne University's endowment was $114.7 million. The average college endowment was $905 million in 2021. For each full-time student, Lenoir-Rhyne University spends about $8,877 a year.

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Learn More About Lenoir-Rhyne University

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