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National Application Center :: campus tours :: Lipscomb University costs & financial aid

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Lipscomb University

Lipscomb University
1 University Park Drive
Nashville, TN 37204-3951

Official telephone: (615) 966-1000
Toll-free telephone: (800) 333-4358
Fax number: (615) 966-1798
Website: www.lipscomb.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Tiffany Summers,
Director of Financial Aid
Contacting the office: 615 966-1791
800 333-4358 (toll free)
615 966-1804 (fax)
financialaid@lipscomb.edu
FAFSA number: 003486

EXPENSES
Undergraduate tuition: $27,472; $27,472 out-of-state
Additional required fees: $2,284
Book fees: $1,500
Miscellaneous expenses: $3,000
Other expenses: Transportation and personal expenses.
Combined room and board expenses: $11,540

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: March 1
Applied for financial aid:
100% of first-year students
97% of full-time undergraduates
122% of part-time undergraduates
Determined to have financial need:
65% of first-year students
65% of full-time undergraduates
80% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
43% of first-year students
37% of full-time undergraduates
4% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
64% of first-year students
65% of full-time undergraduates
60% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
100% of first-year students
88% of full-time undergraduates
31% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
25% of first-year students
29% of full-time undergraduates
11% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
62% for first-year students
60% for full-time undergraduates
28% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$22,463 for first-year students
$22,967 for full-time undergraduates
$8,526 for part-time undergraduates
Average need-based gift award:
$3,599 for first-year students
$3,705 for full-time undergraduates
$1,899 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,964 for first-year students
$5,402 for full-time undergraduates
$4,794 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,514 for first-year students
$5,182 for full-time undergraduates
$5,118 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
35% of first-year students
31% of full-time undergraduates
11% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$12,709 for first-year students
$14,286 for full-time undergraduates
$5,902 for part-time undergraduates
Students who received a non-need-based athletic award:
3% of first-year students
3% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$16,013 for first-year students
$25,179 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 3%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
First-year loan package range: $1 - $9,500
Undergraduate loan package range: $1 - $12,500
Percent of undergraduates who have borrowed through all loan programs: 62%
Average student debt upon graduation: $30,658
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
First-year scholarship/grant award range: $1,500 (full tuition)
Undergraduate scholarship/grant award range: $1,500 (full tuition)
Percent of scholarship aid awarded to out-of-state students: 30%

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