Fisk University

In 2013, tuition for full-time students at Fisk University was $21,600 a year.

Tuition increased 3.21% in 2023–from $20,928 the previous year. Usually, college tuition rises about 3% year.

If this makes attending the college of your dreams seem daunting, remember, the "sticker price" of tuition doesn't always mean much if you plan to use financial aid to help pay for college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay for college feel more doable until you're done with college.

Fisk University meets 75% of the demonstrated financial need for undergraduates. First-year students that attend Fisk University full-time are awarded $14,181 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $6,147 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Fisk University

Fisk University is a private, religious institution, so it has the same tuition for students from Tennessee as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for students who are residents of that state.

Choosing an insitution where you are eligible for in-state tuition can save students a lot of money on the total cost of attending college. Take the time to check your state's criteria for in-state tuition. 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 as well, depending on the state you and your parents currently reside in.

Explore other Tennessee colleges

Do International Students Pay More to Go to Fisk University?

Tuition at Fisk University is the same for each student.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Fisk University-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:

•On-campus jobs •Loans from outsideFisk University •Fisk University-specific scholarships •International Students Tuition Waivers

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

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Fisk University Room, Board, Fees, and More

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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 Fisk University.

House and Food Costs at Fisk University

Room and board at Fisk University is $11,500 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Fisk University's on-campus cafeterias and dining facilities.

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

Cost of Books at Fisk 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 what kinds of books and materials they require. 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.

Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can get help covering these costs.

Transportation costs

The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own 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 estimated cost of transportation. At Fisk University, freshman are allowed to park on campus.

A school's location 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 an urban area may be pricey, but there may be more buses, trains and low-cost flight options to actually get to school. Fisk Universityis located in a city in Tennessee.

Other Costs

When estimating your budget for college, don’t forget to leave some room in your budget for 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 Fisk University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Fisk University.

How Much Does Fisk University Cost?

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

2023 Total Tuition and Expenses
Tuition	$21,600
Room and Board	$11,500

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

Total Estimated Costs
On-Campus	$35,802
Off-Campus	$24,302

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 Fisk University

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The majority of Fisk University undergrads use financial aid to help pay for school. In 2023, 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
Federal Loans	$5,213
Private Loans	$0

Most Common Loans for Fisk University Students
Federal Loans	49%

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.

Scholarships at Fisk 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, 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.

Fisk 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 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 2023. 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
On-Campus	$21,621
Off-Campus	$10,121

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 make more informed decisions about 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.

Fisk 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.

Fisk University Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a 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

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

Fisk 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 2013, the total market value of Fisk University's endowment was $20.6 million. The average college endowment was $905 million in 2021. The school spends $10,264 for each full-time student enrolled.

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Learn More About Fisk University

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