The University of Tennessee - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Tennessee Resident Sticker Price

$32,658

In State Costs for The University of Tennessee
Fee	Cost
Tuition	$11,332
Books and Supplies	$1,598
Other Fees	$1,912
Room and Board	$12,150
Other Expenses Budget	$5,666

Out of State Resident Sticker Price

$50,848

Out of State Costs for The University of Tennessee
Fee	Cost
Tuition	$29,522
Books and Supplies	$1,598
Other Fees	$1,912
Room and Board	$12,150
Other Expenses Budget	$5,666

In-State Tuition

In-state tuition at The University of Tennessee for undergraduate students residing in Tennessee is $11,332. Room and board charges total $12,150 per year. Students will also need to budget for books and supplies, which typically amount to $1,598 annually. Other administrative or academic fees are $1,912 for the year. Additionally, students should plan an estimated $5,666 for other miscellaneous expenses throughout the year. In sum, residents attending The University of Tennessee full time should expect a total annual cost of $32,658.

Out-of-State Tuition

Undergraduate tuition at The University of Tennessee is $29,522 for out-of-state students. Additionally, out-of-state students are charged $12,150 for room and board, $1,598 for textbooks and educational resources, plus fees of $1,912. Students are advised to budget $5,666 for other expenses. When these costs are combined, annual out-of-state charges total $50,848. This figure is 55.7% higher than what Tennessee residents pay.

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

Net Price

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

The net price provides a more realistic estimate of the true cost of attending The University of Tennessee, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$21,133

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
$110,000+	$25,256

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 $583 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 4.99%.


Example Loan	$55,032
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$583.43
Total Interest Paid	$14,979.69
Sum of All Loan Payments	$70,011.69

Projected 4 Year Degree Price

4 Year Sticker Price

$130,632

Year	Tennessee Residents	Non Residents
1	$32,658	$50,848
2	$32,908	$51,237
3	$33,160	$51,630
4	$33,414	$52,025

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 $130,632 - assuming graduation in normal time. The estimation assumes a 0.8% 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.