Public 2 Year

Southwest Tuition & Cost

Memphis, Tennessee

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How much does it cost to attend?

In State Tennessee Resident Sticker Price
In State Costs for Southwest Tennessee Community College
Fee Cost
Books and Supplies$1,550
Other Fees$320
Estimated Off Campus Cost of Living $8,580
Other Expenses Budget$2,245
Out of State Resident Sticker Price
Out of State Costs for Southwest Tennessee Community College
Fee Cost
Books and Supplies$1,550
Other Fees$320
Estimated Off Campus Cost of Living $8,580
Other Expenses Budget$2,245

Residents of Tennessee pay an annual total price of $16,727 to attend Southwest Tennessee Community College on a full time basis. This fee is comprised of $4,032 for tuition, $1,550 for books and supplies and $320 for other fees.

Out of state residents are charged a total cost of $29,303 which is 75.2% higher than Tennessee residents. The tuition charge is $16,608 while books and supplies are $1,550 and other fees come in at $320.

All price data is sourced from the 2019/2020 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 Southwest Tennessee Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Southwest Tennessee Community College
Family Income Net Price Paid
$0 to $30,000$4,721
$30,001 to $48,000$5,511
$48,001 to $75,000$6,444
$75,001 to $110,000$6,512

The average reported annual net price for Southwest Tennessee Community College for students receiving grants or scholarship aid was $4,370 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

82% of full-time undergrad Southwest Tennessee Community College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,583 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0.

Finanical Aid Southwest Tennessee Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,583 82%
Institutional Grants and Scholarships $4,277 9%
Pell Grants $4,869 62%
Other Federal Grants $577 9%
State and Local Grants $2,656 75%
Federal Student Loans $0 0%
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 Southwest Tennessee Community College, we've modeled a ten year student loan with an original principal value of $7,062. The loan balance of $7,062 is a two year multiple of the $3,531 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 $67 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 $7,062
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $67.38
Total Interest Paid $1,023.51
Sum of All Loan Payments $8,085.51

Projected 2 Year Degree Price

2 Year Sticker Price
Year Tennessee Residents Non Residents
1 $16,727 $29,303
2 $17,205 $30,140

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Southwest Tennessee Community College to be $33,454 - assuming graduation in normal time. The estimation assumes a 2.9% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Southwest Tennessee Community College
Price Per Credit 3 Credit Class 4 Credit Class
Tennessee Residents $168 $504 $672
Out of State Residents $692 $2,076 $2,768

Estimated cost for a class at Southwest Tennessee Community College 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 Southwest Tennessee Community College versus other colleges.

Tuition Payment Plans Available

Southwest Tennessee Community College 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=221485 IPEDS survey data for Southwest Tennessee Community College.