C

CU Tuition & Cost

Lebanon, Tennessee

How much does it cost to attend?

Sticker Price
$37,990
Costs for Cumberland University
Fee Cost
Tuition$21,840
Books and Supplies$1,500
Other Fees$1,050
Room and Board $7,650
Other Expenses Budget$5,950

Annual Prices

The annual list price to attend Cumberland University on a full time basis for 2018/2019 is $37,990 for all students regardless of their residency. This fee is comprised of $21,840 for tuition, $7,650 room and board, $1,500 for books and supplies and $1,050 for other fees. Out of state tuition for Cumberland University is $21,840, the same as Tennessee residents.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Cumberland University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$23,175
Net Price by Income Cumberland University
Family Income Net Price Paid
$0 to $30,000$17,344
$30,001 to $48,000$20,144
$48,001 to $75,000$23,498
$75,001 to $110,000$24,774
$110,000+$25,161

The average reported annual net price for Cumberland University for students receiving grants or scholarship aid was $23,175 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Cumberland University
Type Avg./Student Students Receiving
Annual Total Grant Aid $11,622 100%
Pell Grant $4,243 40%
Federal Student Loan $4,927 39%

The average reported annual net price for Cumberland University for students receiving grants or scholarship aid was $23,175 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Cumberland University, we've modeled a ten year student loan with an original principal value of $60,088. The loan balance of $60,088 is a four year multiple of the $15,022 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 $624 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 4.529%.

Example Loan $60,088
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $623.58
Total Interest Paid $14,741.94
Sum of All Loan Payments $74,829.94

Projected 4 Year Degree Price

4 Year Sticker Price
$151,960
Year All Residents
1 $37,990
2 $39,035
3 $40,108
4 $41,211

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Cumberland University to be $151,960 - assuming graduation in normal time. The estimation assumes a 2.7% 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 Cumberland University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $910 $2,730 $3,640

Estimated cost for a class at Cumberland 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 Cumberland University versus other colleges.

Tuition Payment Plans Available

Cumberland University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Other Colleges to Consider

Other Colleges to Consider
Subject Percent of Class
W
Watkins College of Art Design & Film

Nashville, Tennessee

M
Martin Methodist College

Pulaski, Tennessee

H
Hiwassee College

Madisonville, Tennessee

B
Bethel University

McKenzie, Tennessee

M
Mid Continent University

Mayfield, Kentucky

U
Union College

Barbourville, Kentucky

L
Life University

Marietta, Georgia

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=219949 IPEDS survey data for Cumberland University.


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