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Cleveland, Tennessee

Lee University Tuition & Cost

How much does it cost to attend?

Sticker Price
$31,000
Costs for Lee University
Fee Cost
Tuition$16,080
Books and Supplies$1,600
Other Fees$650
Room and Board $8,080
Other Expenses Budget$4,590

Annual Prices

The annual list price to attend Lee University on a full time basis for 2017/2018 is $31,000 for all students regardless of their residency. This fee is comprised of $16,080 for tuition, $8,080 room and board, $1,600 for books and supplies and $650 for other fees. Out of state tuition for Lee University is $16,080, the same as Tennessee residents.

All price data is sourced from the 2017/2018 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 Lee University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$16,928
Net Price by Income Lee University
Family Income Net Price Paid
$0 to $30,000$15,805
$30,001 to $48,000$15,953
$48,001 to $75,000$17,380
$75,001 to $110,000$19,012
$110,000+$19,647

The average reported annual net price for Lee University for students receiving grants or scholarship aid was $16,928 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 Lee University
Type Avg./Student Students Receiving
Annual Total Grant Aid $12,235 91%
Pell Grant $4,227 32%
Federal Student Loan $5,719 87%

The average reported annual net price for Lee University for students receiving grants or scholarship aid was $16,928 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Lee University, we've modeled a ten year student loan with an original principal value of $46,480. The loan balance of $46,480 is a four year multiple of the $11,620 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 $485 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 4.7%.

Example Loan $46,480
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $485.30
Total Interest Paid $11,756.51
Sum of All Loan Payments $58,236.51

Projected 4 Year Degree Price

4 Year Sticker Price
$124,000
Year All Residents
1 $31,000
2 $32,638
3 $34,362
4 $36,177

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Lee University to be $124,000 - assuming graduation in normal time. The estimation assumes a 5.3% 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 Lee University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $670 $2,010 $2,680

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

Tuition Payment Plans Available

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

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=220613 IPEDS survey data for Lee University.