We know that yearly changes in the cost of your education can present challenges in creating a financial plan for college. That’s why Lipscomb University wants to eliminate that variable.
Plan your finances with confidence. Remove the uncertainty over tuition and fee increases by selecting our Guaranteed Tuition Option. The tuition and general student fee rate charged for your first academic year at the university will remain fixed for four consecutive years.
If you’re an undergraduate student enrolling full time, this option is available for you. While the fixed tuition rate for your first year is slightly higher than the standard tuition rate, your cost of attendance is not susceptible to tuition increases over the next four years.
- Regular Tuition: $16,712 per semester/$33,424 per year
- Guaranteed Tuition: $17,701 per semester/$35,402 per year
Historically over the last nine academic years, the tuition increase per year has averaged 5.2%.
Applicability and Procedures
All university traditional undergraduate students are eligible to select and participate in the Guaranteed Tuition Option, except Trustee Scholars, dependents of university employees and students on athletic scholarships. Graduate, online and professional students are not eligible.
The Guaranteed Tuition Option only applies to tuition and does not relate to costs for room and board, nursing fees, specific course fees, study abroad fees, expenses related to mission trips or any additional university fees other than the general student fee.
You may cancel and revoke your participation in the Guaranteed Tuition Option at any time by providing written notice to the Bursar’s Office in person or by email at bursar@lipscomb.edu. Any such notice that is received before the end of the first week of a given semester will terminate your participation in the Guaranteed Tuition Option effective as of that semester. If notice is received after the first week of a given semester, your participation in the Guaranteed Tuition Option will be terminated effective as of the following semester. After revocation of the Guaranteed Tuition Option becomes effective, you will be charged the regular tuition rate for subsequent semesters in accordance with university policies.
If the enrollment of a student participating in the Guaranteed Tuition Option is canceled for any reason (including, without limitation, withdrawal, suspension or expulsion), any refund of tuition will be subject to the terms of the university’s refund policy as set forth in the catalog. The university reserves the right to offset any tuition amounts that might be deemed refundable against any other amounts owed by the student. No portion of the guaranteed tuition rate is refundable in any manner except as expressly set forth in the university’s refund policy.
Feel free to contact the Office of Financial Aid with any questions.