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Fisk University Tuition and Fees

A private university by the name of Fisk University is located in Nashville, TN. Fisk University occupies a total area of about 40 acres. The foundation of Fisk University was laid down in the year 1866. Fisk University believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Her sons and daughters are ever on the altar and its official colors are gold and blue. The total enrolment stands at 780

$19,624

Tuition

$37,070

Cost of Attendance

$25,268

Net Price

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Fisk University Tuition and Fees

Fisk University offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $22,132, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $11,022, $1,800, and $3,000, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$21,480	$21,480
Book & Supplies	$1,800	$1,800
Room & Board cost	$10,790	$10,790
Other Expenses	$3,000	$3,000
Total Cost of Attendance	$37,070	$37,070

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $22,132. In addition, the students will be needed to pay an average expense of $1,800 for books and supplies, $11,022 toward room and boarding, and $3,000 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at FU is around $37,954, as per the available information.

Average Net Price by Family Income

Net Price

$25,268

Family Income

Avg. Net Price

$0 to $30,000

$26,914

$30,001 to $48,000

$29,005

$48,001 to $75,000

$33,770

$75,001 to $110,000

$31,950

$110,000+

The net price of attending Fisk University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At FU, the average net price is estimated to be $24,225. The net price for students with an annual family income below $30,000 is reported to be around $21,816. For the individuals who come under the $30,001-$48,000 income category, the net cost is $25,704. The amount stands at $25,929 for an annual income between $48,001 and $75,000, $29,211 for the $75,001-$110,000 income bracket, and $30,676 for a family income above $110,000.

Student Loans

Example Loans

$74,872

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$777

Total interest paid

$18,369

Sum of Loan Payments

$93,241

To have a realistic understanding of how much it will cost to study at Fisk University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $74,872 for example. This will result in a $9,324 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $93,241 which is $18,369 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$21,480	$21,480
Room & Board Cost	$10,790	$10,790
Total Tuition & Fees	$32,270	$32,270

At Fisk University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $22,132 per year. Moreover, the applicants must also pay an amount of $11,022 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at FU adds up to $37,954.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$19,990	$19,990
Fees	$1,856	$1,856

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at FU, the amount stands at $21,832 per year. Of this amount, $20,520 accounts for the graduate tuition and the remaining $1,312 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$1,106
Undergraduate	2018 - 2019	$817

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Fisk University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $363 and the undergraduate cost per credit hour at $170. Also, Fisk University currently offers a number of online courses to students across 19 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,790	$10,790
Other Expense	$3,000	$3,000
Book & Supplies	$1,800	$1,800

Now, coming to the lodging and related expenses at FU, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $14,022 per year. On the other hand, the room and board charges that the students have to pay total around $11,022 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $1,800. Apart from these, the other expenses that a candidate needs to plan for add up to around $3,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,790

Off Campus

$10,790

Housing & Other Expenses

Other Expenses

On Campus

$3,000

Off Campus

$3,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,800

Off Campus

$1,800

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $190,157. To note, the total expenses for undergraduate students stood at $24,225 for 2018-2019, $25,268 for 2017-2018, and $21,148 for 2016-2017.

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