F
Private 4 Year

Fisk University Tuition & Cost

Nashville, Tennessee

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How much does it cost to attend?

Sticker Price
$39,206
Costs for Fisk University
Fee Cost
Tuition$20,928
Books and Supplies$1,800
Other Fees$1,978
Room and Board $11,500
Other Expenses Budget$3,000

Annual Prices

The annual list price to attend Fisk University on a full time basis for 2021/2022 is $39,206 for all students regardless of their residency. This fee is comprised of $20,928 for tuition, $11,500 room and board, $1,800 for books and supplies and $1,978 for other fees. Out of state tuition for Fisk University is $20,928, the same as Tennessee residents.

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

Net Price

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

Average Net Price 2019/2020
$21,450
Net Price by Income Fisk University
Family Income Net Price Paid
$0 to $30,000$20,379
$30,001 to $48,000$21,790
$48,001 to $75,000$17,593
$75,001 to $110,000$21,816
$110,000+$35,524

The average reported annual net price for Fisk University for students receiving grants or scholarship aid was $21,450 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

90% of full-time undergrad Fisk 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 $16,032 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 66% of students received Federal Student Loans averaging $5,164.

Finanical Aid Fisk University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $16,032 90%
Institutional Grants and Scholarships $18,968 47%
Pell Grants $5,184 58%
Other Federal Grants $1,718 12%
State and Local Grants $6,634 13%
Federal Student Loans $5,164 66%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Fisk University, we've modeled a ten year student loan with an original principal value of $74,872. The loan balance of $74,872 is a four year multiple of the $18,718 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 $714 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 2.75%.

Example Loan $74,872
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $714.36
Total Interest Paid $10,851.38
Sum of All Loan Payments $85,723.38

Projected 4 Year Degree Price

4 Year Sticker Price
$156,824
Year All Residents
1 $39,206
2 $39,727
3 $40,255
4 $40,790

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Fisk University to be $156,824 - assuming graduation in normal time. The estimation assumes a 1.3% 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 Fisk University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $871 $2,613 $3,484

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

Tuition Payment Plans Available

Fisk University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=220181 IPEDS survey data for Fisk University.