#1 Best Public Universities in Tennessee

Tennessee Tuition & Cost

Knoxville, Tennessee

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How much does it cost to attend?

In State Tennessee Resident Sticker Price
In State Costs for The University of Tennessee
Fee Cost
Books and Supplies$1,598
Other Fees$1,932
Room and Board $11,856
Other Expenses Budget$5,780
Out of State Resident Sticker Price
Out of State Costs for The University of Tennessee
Fee Cost
Books and Supplies$1,598
Other Fees$1,932
Room and Board $11,856
Other Expenses Budget$5,780

Residents of Tennessee pay an annual total price of $32,498 to attend The University of Tennessee on a full time basis. This fee is comprised of $11,332 for tuition, $11,856 room and board, $1,598 for books and supplies and $1,932 for other fees.

Out of state residents are charged a total cost of $50,688 which is 56% higher than Tennessee residents. The tuition charge is $29,522 while room and board is $11,856, books and supplies are $1,598 and other fees come in at $1,932.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
Net Price by Income The University of Tennessee
Family Income Net Price Paid
$0 to $30,000$10,433
$30,001 to $48,000$13,970
$48,001 to $75,000$22,476
$75,001 to $110,000$24,617

The average reported annual net price for The University of Tennessee for students receiving grants or scholarship aid was $21,133 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

89% of full-time undergrad The University of Tennessee received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,565 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 37% of students received Federal Student Loans averaging $5,151 and 7% of undergrads took out private student loans averaging $18,319.

Finanical Aid The University of Tennessee
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $10,565 89%
Institutional Grants and Scholarships $7,217 53%
Pell Grants $4,985 24%
Other Federal Grants $1,269 36%
State and Local Grants $4,867 71%
Federal Student Loans $5,151 37%
Other Student Loans $18,319 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to The University of Tennessee, we've modeled a ten year student loan with an original principal value of $55,032. The loan balance of $55,032 is a four year multiple of the $13,758 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 $525 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 $55,032
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $525.07
Total Interest Paid $7,975.92
Sum of All Loan Payments $63,007.92

Projected 4 Year Degree Price

4 Year Sticker Price
Year Tennessee Residents Non Residents
1 $32,498 $50,688
2 $32,896 $51,309
3 $33,299 $51,937
4 $33,707 $52,574

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at The University of Tennessee to be $129,992 - assuming graduation in normal time. The estimation assumes a 1.2% 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 The University of Tennessee
Price Per Credit 3 Credit Class 4 Credit Class
Tennessee Residents $378 $1,134 $1,512
Out of State Residents $1,137 $3,411 $4,548

Estimated cost for a class at The University of Tennessee 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 The University of Tennessee versus other colleges.

Tuition Payment Plans Available

The University of Tennessee 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=221759 IPEDS survey data for The University of Tennessee.