Lincoln Memorial University Tuition & Cost

  • 6/10 Overall Rating
  • 4 Year
  • Harrogate, TN
  • 0 reviews
#7 Best Private Colleges in Tennessee

How Much Does It Cost to Attend?

Sticker Price

$45,329
Costs for Lincoln Memorial University
Fee Cost
Tuition $26,938
Books and Supplies $1,500
Other Fees $490
Room and Board $12,226
Budget for Other Expenses $4,175
Total One Year Cost $45,329

Annual Tuition & Costs

The annual tuition to attend Lincoln Memorial University is $26,938. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $12,226. For educational materials, students should allocate approximately $1,500 for books and supplies plus $490 for other fees charged by the school. Finally, students should budget $4,175 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Lincoln Memorial University on a full-time basis is $45,329 per annum.

Housing Costs

On campus room and board is provided by the school at a cost of $12,226 per academic year. Students electing to live off campus elsewhere in Harrogate should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,500.

Other Living Expenses

If living on-campus, students should budget for $4,175 in additional living expenses. Off-campus students should budget for $4,657 in other miscellaneous living expenses.

All price data is sourced from the IPEDS 2025 survey for academic year 2024/2025.

Net Price

The average reported annual net price for Lincoln Memorial University for students receiving grants or scholarship aid was $21,447* in 2023/2024. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2023/2024

$21,447

Below is the average net price by student family income.

Net Price by Income Lincoln Memorial University
Family Income Net Price Paid
$0 to $30,000$15,644
$30,001 to $48,000$18,799
$48,001 to $75,000$19,993
$75,001 to $110,000$25,403
$110,000+$30,464

The net price provides a more realistic estimate of the true cost of attending Lincoln Memorial University, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's IPEDS 2025 survey for academic year 2023/2024. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

100% of full-time undergrad Lincoln Memorial University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $20,081 per student during the 2023/2024 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

45 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2023/2024 was $6,127. To apply for a Pell Grant to attend Lincoln Memorial University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

39% of students received Federal Student Loans averaging $5,167 and 2% of undergrads took out private student loans averaging $11,521.

Financial Aid Lincoln Memorial University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $20,081 100%
Institutional Grants and Scholarships $21,298 66%
Pell Grants $6,127 45%
Other Federal Grants $1,169 17%
State and Local Grants $7,444 41%
Federal Student Loans $5,167 39%
Other Student Loans $11,521 2%

Data Source, IPEDS 2025 survey for academic year 2023/2024

Financial Aid Mix - $45,329 Total Cost

CollegeSimply has modeled example payment coverage for the annual tuition and living expenses of $45,329. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

Grants 49%
Loans 13%
Out of Pocket 39%

Grants and Scholarships

49% - $20,081

Money granted to you by the U.S. Department of Education, Lincoln Memorial University or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

13% - $5,167

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

39% - $15,906

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Lincoln Memorial University, we've modeled a ten year student loan with an original principal value of $85,788. The loan balance of $85,788 is a four year multiple of the $21,447 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 $975 could be required to pay off your student loan. The total of all payments including interest would sum $116,997.43.

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 6.52%.

Example student loan for Lincoln Memorial University
Example Loan $85,788
Stafford Loan Interest Rate 6.52%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $974.98
Total Interest Paid $31,209.43
Sum of All Loan Payments $116,997.43

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Lincoln Memorial University, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $116,997.43 would be needed to afford a $974.98 monthly payment in the example $85,788.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Lincoln Memorial University student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$181,316
Projected degree price by year for Lincoln Memorial University
Year All Residents
1 $45,329
2 $47,264
3 $49,281
4 $51,385

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Lincoln Memorial University to be $181,316 - assuming graduation in normal time. The estimation assumes a 4.3% annual increase over the next 4 years which has been the recent trend for this school.

Tuition Details

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Lincoln Memorial University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,070 $3,210 $4,280

Estimated cost for a class at Lincoln Memorial 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 Lincoln Memorial University versus other colleges.

Tuition Payment Plans Available

Lincoln Memorial University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Tuition History

Historical tuition and price increases for Lincoln Memorial University.

Tuition history for Lincoln Memorial University
Year Tuition Annual Increase
2023 $25,680 3.9%
2022 $24,720 4%
2021 $23,760 3.1%
2020 $23,040 3.8%
2019 $22,200 3.4%
2018 $21,480 2.9%
2017 $20,880 1.8%
2016 $20,520 2.5%
2015 $20,016 3%
2014 $19,440 2.5%
2013 $18,960

Is it Worth the Cost?

To make a comparative assessment if Lincoln Memorial University is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 55.88/100 for Lincoln Memorial University. Considering an average net price paid of $21,447, this leads to an overall value ranking of 55/100. This places the school 409th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Plan and Calculate Costs

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Lincoln Memorial University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Lincoln Memorial University student loan.

Prepayment Option

Costs for Similar Colleges

Explore costs at colleges similar to Lincoln Memorial University

Data source: NCES / IPEDS https://nces.ed.gov/collegenavigator/?id=220631.

Last updated: August 2026