In 2021, tuition for full-time Lane College students was $9,270 a year.
Tuition was the same price in 2023 as it was the year before. On average, college tuition rises about 3% year.
Remember, the advertized cost of tuition doesn't always tell the full story. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until you're done with college.
For information on Lane College's financial aid options for first-year students, check with the school directly.
Lane College is a private, religious institution, so it has the same tuition for students from Tennessee as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions 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 drastically reduce the overall cost of college. Take the time to verify your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.
Explore other Tennessee colleges
Lane College has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Lane College-specific aid and scholarships.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Lane College.
Room and board at Lane College is $7,610 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the school dining facilities.
Board costs vary based on on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources for students who may struggle to participate because of cost can get help covering these fees.
The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these factors 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 the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city can be pricey, but there may be more buses, trains or low-cost flight options to actually get to school. Lane Collegeis located in a suburb in Tennessee, near Memphis.
When budgeting for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Lane College.
What will the cost of attending Lane College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $9,270 |
Room and Board | $7,610 |
Other expenses | $3,580 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $23,680 |
Off-Campus | $14,990 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Lane College undergrads use financial aid to help pay for school. In 2023, 1,136 of the 1,276 undergrads enrolled received financial aid.
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 Lane College financial aid, keep reading, or visit their financial aid website.
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, Lane College awarded 1,136 need-based scholarships to students, giving away total of $10.1 million to help students with financial need cover the cost of school.
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 Lane College 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.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lane College seem more manageable.
What will attending Lane College 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Lane College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, 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.
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.
For more information about Lane College's endowment, check with the school directly.
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Tuition & Fees
$20,100
In State$20,100
Out-of-StateStudents Who Receive Need-Based Aid
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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