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Lenoir–Rhyne University (LRU) Tuition and Fees

Located in Hickory, North Carolina, Lenoir-Rhyne University is a private, Evangelical Lutheran Church university. Lenoir-Rhyne University is home to an ethnically diverse student body. At LRU around 66% are white, 10% are Black or African American, and 8% belong to Hispanic ethnicity. Further, around 95% of the students are 24 and under. When it comes to gender distribution at the varsity, around 59% of the students are females and 41% are males. Perry Fewell, Rick Barnes, David W. Hoyle, and

$36,400

Tuition

$52,920

Cost of Attendance

$18,927

Net Price

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Lenoir–Rhyne University (LRU) Tuition and Fees

Lenoir-Rhyne University is a prominent educational institution known for offering a range of undergraduate, postgraduate, and doctoral programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at LRU is quite moderate compared to the expense of education at most institutions. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Lenoir-Rhyne University comes to around $38,000, which includes tuition and other expenses as well. While housing costs $12,510, the charges for books and supplies and other expenses stand at $1,160 and $2,850, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$36,400	$36,400
Book & Supplies	$1,160	$1,160
Room & Board cost	$12,510	$12,510
Other Expenses	$2,850	$2,850
Total Cost of Attendance	$52,920	$52,920

Average Net Price by Family Income

Net Price

$18,927

Family Income

Avg. Net Price

$0 to $30,000

$17,205

$30,001 to $48,000

$20,061

$48,001 to $75,000

$20,472

$75,001 to $110,000

$22,063

$110,000+

$23,032

As for the net cost for attending LRU, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount. At LRU, the average net price is estimated to be $19,034. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $16,921. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $17,661. Meanwhile, the net price stands at $18,056 for the $48,001-$75,000 income bracket and at $22,555 for an income between $75,001 and $110,000. This amount adds up to $20,776 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$71,008

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$737

Total interest paid

$17,421

Sum of Loan Payments

$88,429

To have a realistic understanding of how much it will cost to study at Lenoir–Rhyne University (LRU) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $71,008 for example. This will result in a $8,843 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 $88,429 which is $17,421 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	$36,400	$36,400
Room & Board Cost	$12,510	$12,510
Total Tuition & Fees	$48,910	$48,910

At Lenoir-Rhyne University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $38,000 in a year. Alongside that, they will likewise need to shell out around $12,510 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $54,520.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$10,620	$10,620
Fees	N/A	N/A

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at LRU, the amount totals around $10,980. Notably, no graduation fee is collected from the students at Lenoir-Rhyne University.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$590
Undergraduate	2018 - 2019	$1,500

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend LRU. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $183 and for undergraduate courses, it stands at $292.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$12,510	$12,510
Other Expense	$2,850	$2,850
Book & Supplies	$1,160	$1,160

Moving on to the housing and related expenses at Lenoir-Rhyne University, these charges are the same irrespective of whether the candidate decides to stay on-campus or off-campus. The students will be required to pay $15,360 per year for the same. On the other hand, the room and board charges that the students have to pay total around $12,510 per year. On the other hand, the charges toward books and supplies come to around $1,160. Meanwhile, the other expenses that a student needs to plan for add up to $2,850.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$12,510

Off Campus

$12,510

Housing & Other Expenses

Other Expenses

On Campus

$2,850

Off Campus

$2,850

Housing & Other Expenses

Book & Supplies

On Campus

$1,160

Off Campus

$1,160

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	$19,470	$590
Doctorate	NA	NA
Post Baccalaureate Certificate	$21,240	$590
Certificate	$21,240	$590
Certificate	$21,240	$590
Graduate Certificate	$10,620	$590

Lenoir–Rhyne University (LRU) offers 32 online programs across 8 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at LRU are projected to cost around $274,904 as per official data. Notably, the total expenses for undergraduate students amounted to $19,034 in 2018-2019, $18,927 in 2017-2018, and $19,380 in 2016-2017.

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Education Programs

Master of Arts

Tuition

Credits

Master of Arts in Teaching

Type: online

Total Cost : $ 20060

Cost per credit: $ 590

Total Credits: 34

Lenoir–Rhyne University (LRU) Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

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Education Programs

Business Management Programs

Health Science Programs

Human Services Programs

Nursing Programs

Exercise Science Programs

Accounting Programs

Theology Programs

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