LMU's tuition & fees has increased from $19,970 (2014) to $26,150 (2024), and the rate of tuition increase is 30.95% over the past 10 years. The graduate school tuition & fees has raised from $18,094 (year 2014) to $23,225 (year 2024).
LMU's tuition increase rate is higher than the Tennessee's average increase rate of -8.81%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 19.21% from 2014 ($36,540).
For the current academic year 2023-2024, LMU's COA is $43,558, which is increased by 4.41% from last year.
The following table and chart show changes to LMU's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 30.95% for the last 10 years , and the 2024 tuition & fees are $26,150. The following table and chart show the tuition & fees changes at Lincoln Memorial University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,500, and it has increased 7.14% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,400 | - |
|---|
| 2015-16 | $1,400 | |
|---|
| 2016-17 | $1,400 | |
|---|
| 2017-18 | $1,400 | |
|---|
| 2018-19 | $1,400 | |
|---|
| 2019-20 | $1,400 | |
|---|
| 2020-21 | $1,400 | |
|---|
| 2021-22 | $1,400 | |
|---|
| 2022-23 | $1,400 | |
|---|
| 2023-24 | $1,500 | 7.14% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 15.28% when a student lives on-campus facilities and 41.47% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Lincoln Memorial University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $15,170 | $10,130 | - |
|---|
| 2015-16 | $15,004 | $9,660 | -1.09% |
|---|
| 2016-17 | $15,351 | $11,130 | 2.31% |
|---|
| 2017-18 | $13,760 | $10,470 | -10.36% |
|---|
| 2018-19 | $13,470 | $11,060 | -2.11% |
|---|
| 2019-20 | $13,720 | $11,060 | 1.86% |
|---|
| 2020-21 | $14,000 | $11,504 | 2.04% |
|---|
| 2021-22 | $14,740 | $9,574 | 5.29% |
|---|
| 2022-23 | $15,140 | $9,570 | 2.71% |
|---|
| 2023-24 | $15,908 | $13,583 | 5.07% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Lincoln Memorial University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Lincoln Memorial University | $26,150 | $25,180 | 3.85% |
|---|
|
| Vanderbilt University | $63,946 | $60,348 | 5.96% |
|---|
|
| Belmont University | $41,320 | $39,850 | 3.69% |
|---|
|
| Lipscomb University | $38,824 | $37,152 | 4.50% |
|---|
|
| Bethel University | $17,530 | $16,871 | 3.91% |
|---|
|
| Lee University | $22,690 | $21,730 | 4.42% |
|---|
|