Austin Peay State University

In 2022, tuition for full-time students at Austin Peay State University was $7,146 a year for in-state students and $12,690 a year for out-of-state students.

Usually, colleges raise tuition about 3% each year.

Remember, the displayed price of tuition does not always tell the full story. Many students find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until you've finishing school and found a job.

First-year students that attend Austin Peay State University full-time are awarded $6,316 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $23,888 in student loans per borrower.

Austin Peay State University: In-state vs. Out-of-State Tuition

Austin Peay State University is a public, state institution, which means it offers a reduced tuition rate of $7,146 for in-state students who attend full-time.

Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Choosing a school where you qualify for the reduced tuition offered to state residentscan save on the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on the state you and your parents currently reside in.

Explore other Tennessee colleges

Is Austin Peay State University's Tuition Different for International Students?

Austin Peay State University has the same tuition for international students as for those from out of state.

International students usually do not qualify for for federal financial aid, but should research private or Austin Peay State University-specific aid and scholarships.

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Austin Peay State University Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Austin Peay State University.

Room and Board Costs at Austin Peay State University

Housing and campus dining at Austin Peay State University is $11,190 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the school dining halls.

Board costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Austin Peay State University?

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have ways for students with demonstrated need to find ways to lower or eliminate these costs.

Transportation costs

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area can be pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Austin Peay State University campus is in a suburb in Tennessee, near Nashville.

Other Costs

When you're planning for college, be sure to leave some room in your budget for personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending Austin Peay State University

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Austin Peay State University.

Total Cost of Austin Peay State University

What will the cost of attending Austin Peay State University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$7,146
Out-of-State Tuition	$12,690
Room and Board	$11,190
Other expenses	$5,530

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Austin Peay State University

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In 2023, 3,324 of the 8,120 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $6,316 a year. Around 59% of Austin Peay State University undergrads take out student loans to cover any remaining costs. Austin Peay State University graduates who have student loans graduate with an average of $23,888 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,066
Private Loans	$20,376

Most Common Loans for Austin Peay State University Students
Federal Loans	62%
Private loans	6%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Austin Peay State University financial aid, keep reading, or visit their financial aid website.

Scholarships at Austin Peay State University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Austin Peay State University awarded 2,169 need-based scholarships to students, giving away total of $25.3 million to help students with financial need cover the cost of school. An additional $31.57 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Austin Peay State University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Austin Peay State University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Austin Peay State University was $6,316 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Austin Peay State University seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$12,849
Net In-state, Off-campus	$7,975
Out-of-State, On-Campus	$24,709

What will attending Austin Peay State University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Austin Peay State University's net cost calculator on their website.

Austin Peay State University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Austin Peay State University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Austin Peay State University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Austin Peay State University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Austin Peay State University's endowment was valued at $10 million in 2023, compared to a national average of $905 million. The school spends $4,189 for each full-time student enrolled.

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Learn More About Austin Peay State University

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