Welch's tuition & fees has increased from $16,891 (2014) to $20,796 (2024), and the rate of tuition increase is 23.12% over the past 10 years. The graduate school tuition & fees has raised from - (year 2014) to $8,100 (year 2024).
Welch'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 lower 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 23.52% from 2014 ($30,693).
For the current academic year 2023-2024, Welch's COA is $37,912, which is increased by 2.35% from last year.
The following table and chart show changes to Welch's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 23.12% for the last 10 years , and the 2024 tuition & fees are $20,796. The following table and chart show the tuition & fees changes at Welch College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,200, and it has increased 33.33% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $900 | - |
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| 2015-16 | $900 | |
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| 2016-17 | $876 | -2.67% |
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| 2017-18 | $876 | |
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| 2018-19 | $1,000 | 14.16% |
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| 2019-20 | $1,000 | |
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| 2020-21 | $1,000 | |
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| 2021-22 | $1,000 | |
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| 2022-23 | $1,200 | 20.00% |
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| 2023-24 | $1,200 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 10.97% when a student lives on-campus facilities and 9.67% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Welch College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $12,902 | $15,200 | - |
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| 2015-16 | $13,108 | $14,198 | 1.60% |
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| 2016-17 | $13,134 | $14,198 | 0.20% |
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| 2017-18 | $14,478 | $14,800 | 10.23% |
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| 2018-19 | $14,714 | $14,800 | 1.63% |
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| 2019-20 | $14,728 | $14,800 | 0.10% |
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| 2020-21 | $14,728 | $14,800 | |
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| 2021-22 | $14,728 | $14,800 | |
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| 2022-23 | $15,670 | $16,450 | 6.40% |
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| 2023-24 | $15,916 | $16,450 | 1.57% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Welch College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Welch College | $20,796 | $20,170 | 3.10% |
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|
| Vanderbilt University | $63,946 | $60,348 | 5.96% |
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|
| Belmont University | $41,320 | $39,850 | 3.69% |
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|
| Lincoln Memorial University | $26,150 | $25,180 | 3.85% |
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|
| Lipscomb University | $38,824 | $37,152 | 4.50% |
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|
| Bethel University | $17,530 | $16,871 | 3.91% |
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