Austin Peay State University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Tennessee Resident Sticker Price

$30,107

In State Costs for Austin Peay State University
Fee	Cost
Tuition	$6,816
Books and Supplies	$1,250
Other Fees	$1,615
Room and Board	$12,056
Other Expenses Budget	$8,370

Out of State Resident Sticker Price

$35,651

Out of State Costs for Austin Peay State University
Fee	Cost
Tuition	$12,360
Books and Supplies	$1,250
Other Fees	$1,615
Room and Board	$12,056
Other Expenses Budget	$8,370

In-state tuition at Austin Peay State University for undergraduate students residing in Tennessee is $6,816. Room and board charges total $12,056 per year. Students will also need to budget for books and supplies, which typically amount to $1,250 annually. Other administrative or academic fees are $1,615 for the year. Additionally, students should plan an estimated $8,370 for other miscellaneous expenses throughout the year. In sum, residents attending Austin Peay State University full time should expect a total annual cost of $30,107.

Undergraduate tuition at Austin Peay State University is $12,360 for out-of-state students. Additionally, out-of-state students are charged $12,056 for room and board, $1,250 for textbooks and educational resources, plus fees of $1,615. Students are advised to budget $8,370 for other expenses. When these costs are combined, annual out-of-state charges total $35,651. This figure is 18.4% higher than what Tennessee residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Austin Peay State University, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$14,967

Net Price by Income Austin Peay State University
Family Income	Net Price Paid
$0 to $30,000	$12,265
$30,001 to $48,000	$13,774
$48,001 to $75,000	$16,859
$75,001 to $110,000	$19,290
$110,000+	$19,300

The average reported annual net price for Austin Peay State University for students receiving grants or scholarship aid was $14,967 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

96% of full-time undergrad Austin Peay State University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,430 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 50% of students received Federal Student Loans averaging $5,403 and 4% of undergrads took out private student loans averaging $9,563.

Finanical Aid Austin Peay State University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$8,430	96%
Institutional Grants and Scholarships	$4,386	29%
Pell Grants	$4,917	58%
Other Federal Grants	$1,405	4%
State and Local Grants	$4,582	82%
Federal Student Loans	$5,403	50%
Other Student Loans	$9,563	4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Austin Peay State University, we've modeled a ten year student loan with an original principal value of $41,184. The loan balance of $41,184 is a four year multiple of the $10,296 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $437 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.


Example Loan	$41,184
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$436.62
Total Interest Paid	$11,210.27
Sum of All Loan Payments	$52,394.27

Projected 4 Year Degree Price

4 Year Sticker Price

$120,428

Year	Tennessee Residents	Non Residents
1	$30,107	$35,651
2	$30,688	$36,339
3	$31,281	$37,041
4	$31,885	$37,756

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Austin Peay State University to be $120,428 - assuming graduation in normal time. The estimation assumes a 1.9% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Austin Peay State University
	Price Per Credit	3 Credit Class	4 Credit Class
Tennessee Residents	$284	$852	$1,136
Out of State Residents	$515	$1,545	$2,060

Estimated cost for a class at Austin Peay State University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Austin Peay State University versus other colleges.