CollegeTuitionData — College Data in Plain English

Lipscomb University

Nashville, TN 37204-3951 — Private Nonprofit

Value Score: 65/100 | ROI Score: -66 | Affordability Score: 55/100

Tuition (In-State): $40,572 | Out-of-State: $40,572

Acceptance Rate: 67.7% | Graduation Rate: 70.5% | Retention Rate: 83.6%

Median Earnings (10yr): $55,541 | Median Debt: $19,500

SAT Average: 1256 | ACT Midpoint: 26

Student Body Size: 2,997 (medium)

Pell Grant Recipients: 24.1% | Federal Loan Rate: 29.4%

Average Faculty Salary: $8,832/month

Tuition & Affordability Analysis

In-state tuition at Lipscomb University is $40,572 per year, which is near the national average for private institutions.

Out-of-state students pay $40,572/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $162,288 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Lipscomb University:

  • Families earning $0–$30,000: $20,048/year
  • Families earning $30,001–$48,000: $20,009/year
  • Families earning $48,001–$75,000: $24,124/year
  • Families earning $75,001–$110,000: $25,210/year
  • Families earning $110,000+: $31,265/year

Low-income families receive an average discount of $20,524/year, paying just 49% of the sticker price.

Admissions Snapshot

Lipscomb University has an acceptance rate of 67.7%, placing it in the Moderately Selective (50–70%) category. This means roughly 1,106 students apply each year.

The average SAT score of admitted students is 1256, 18% above the national average. This reflects a strong academic student body.

The ACT midpoint is 26, 24% above the national average.

Graduate Outcomes & Return on Investment

70.5% of students at Lipscomb University complete their degree, 14% above the national average. This is a solid graduation rate.

First-year retention rate: 83.6% (3% above the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of Lipscomb University earn a median salary of $55,541 ten years after enrollment, 36% above the national average. This represents a $20,541/year earnings premium over the average high school diploma holder, or $616,230 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $19,500, 9% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $212/month, with a total repayment of $25,440 (including $5,940 in interest).

Debt-to-Earnings Ratio: 0.35x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Lipscomb University pays for itself in approximately 8 years. This is a reasonable investment timeline.

Financial Aid Profile

24.1% of students at Lipscomb University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 27% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

29.4% of students take federal loans, 37% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $8,832/month, near the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Lipscomb University enrolls 2,997 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 54/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 66%, Hispanic 13%, Black 7%, Asian 3%.

Lipscomb University: Medium-sized Private Nonprofit with Strong Graduation Rates and High Earnings Potential

Report Card: Overall Grade C-

Lipscomb University receives an overall grade of C- based on six dimensions:

  • Academics: C+
  • Value: F
  • Outcomes: B
  • Affordability: C+

College Analysis

Lipscomb University is a Private Nonprofit institution in Nashville, TN with approximately 2,997 students. Academics: Strong graduation rate of 70.46%. Value: Median earnings 10 years post-graduation are $55,541, but high median debt of $19,500. Outcomes: Graduates have a 10-year median earnings above the national average for similar institutions.

The Verdict: Is Lipscomb University Worth It?

Lipscomb University presents a complex value proposition. With an in-state and out-of-state tuition of $40,572 and a median 10-year earnings of $55,541, the initial financial outlay is substantial. The median debt of $19,500 is manageable, but the ROI score of -66 suggests that, on average, graduates do not recoup their investment quickly through higher earnings compared to the cost of attendance and debt. The earnings are only about $15,000 higher than the tuition cost annually, meaning it would take several years of post-graduation earnings just to cover the tuition, let alone living expenses and loan repayment. While the Nashville location offers career advantages, the raw financial data indicates that Lipscomb may be overpriced for the average graduate's earning potential. It is not a clear hidden gem based on these metrics, nor is it an outright bad deal if specific high-earning majors or strong career placement in lucrative fields are considered. However, for the average student, it appears to be an expensive investment with a slow financial return.

Return on Investment

While the degree from Lipscomb University can lead to high earnings, the high median debt of $19,500 may offset the financial benefits.

Debt Reality Check

Median student debt at Lipscomb University: $19,500. Monthly payment on a standard 10-year plan: $221/month. Total repaid: $26,520 ($7,020 in interest).

Breakeven vs high school diploma: 0.8 years. Debt burden: Low. Salary needed for comfortable repayment: $26,520.

Strengths

  • Strong graduation rate and high earnings potential
  • Located in a growing metropolitan area

Weaknesses

  • High median debt
  • Higher tuition rates

Academic Profile

SAT Average: 1256. ACT Midpoint: 26. Retention Rate: 83.6%.

Lipscomb University offers a robust academic experience, particularly recognized for its strengths in health sciences, business, and the arts, all within a framework that integrates faith and learning. The College of Pharmacy and Health Sciences is a flagship program, consistently producing well-prepared graduates. The College of Business offers specialized tracks and emphasizes ethical leadership, while the College of Liberal Arts & Sciences provides a strong foundation across various disciplines. Research opportunities are accessible, especially for undergraduates, with faculty actively involving students in projects, particularly in STEM fields and the humanities. While specific faculty salary data isn't provided, the university's commitment to a low student-faculty ratio (around 15:1) suggests a dedication to personalized instruction and faculty accessibility. The Honors Program offers a challenging curriculum for high-achieving students, featuring smaller class sizes, interdisciplinary seminars, and opportunities for independent research. Lipscomb also has a strong emphasis on global learning, with numerous study abroad programs available, often integrated into specific majors, allowing students to gain international perspectives. Academic support is comprehensive, including the Academic Success Center, which provides tutoring, writing support, and academic coaching, ensuring students have the resources to thrive academically. Notable departments include Engineering, Education, and Communication, all benefiting from faculty expertise and a curriculum designed to foster critical thinking and practical application.

Financial Aid Guide for Lipscomb University

Pell Grant recipients: 24.1%. Students taking federal loans: 29.4%.

Navigating financial aid at Lipscomb University involves understanding both merit-based and need-based opportunities. The university is generous with merit scholarships, which are automatically considered upon admission based on academic achievements like GPA and test scores (though SAT/ACT are not currently required, strong academic records are key). These scholarships can significantly reduce the sticker price of $40,572. For instance, top academic scholarships can range from $15,000 to over $25,000 annually. Need-based aid is awarded after filing the FAFSA and CSS Profile, considering family income and assets. Lipscomb aims to meet a substantial portion of demonstrated need, though it's important to note that institutional aid, combined with federal and state grants, may not always cover the full cost of attendance. Work-study opportunities are available for students with financial need, providing on-campus employment to earn money for educational expenses. Typical aid packages for students from middle-income families might combine merit scholarships with some need-based grants, potentially bringing the net cost down considerably. For families with lower incomes, Pell Grants and state aid can play a larger role, supplemented by institutional aid. Scholarship tips include applying early, exploring external scholarships, and highlighting leadership and service experiences in applications. Negotiating aid is generally less common at institutions like Lipscomb compared to highly selective research universities, but presenting a strong case with updated financial information or competing offers might yield some flexibility, especially for students with exceptional academic profiles.

Hidden Costs at Lipscomb University

  • Student Activity Fee: Approximately $200-$300 per semester, supporting student organizations, events, and campus programming.
  • Technology Fee: Around $150-$250 per semester, contributing to the university's IT infrastructure and student technology resources.
  • Meal Plan: Required for most on-campus residents, costs vary but can range from $2,500 to $4,000 per academic year depending on the chosen plan.
  • Textbooks and Supplies: Budget an estimated $1,000-$1,500 per academic year for course materials.
  • Parking Permit: If you plan to bring a car to campus, expect to pay $100-$300 annually for a parking permit.
  • Health Insurance: While often covered by parents, Lipscomb requires proof of health insurance, and the university's plan can cost upwards of $2,000-$3,000 per year if needed.
  • Personal Expenses: Allow for $1,000-$2,000 annually for toiletries, laundry, entertainment, and other miscellaneous living costs.

Alumni Outcomes & Career Paths

Lipscomb University graduates are primarily positioned within the vibrant Nashville metropolitan area and its surrounding regions. Major employers that actively recruit from Lipscomb include healthcare giants like HCA Healthcare and Ascension Saint Thomas, reflecting Nashville's status as a healthcare hub. The technology sector is also a significant draw, with companies such as Asurion and Change Healthcare seeking talent. Financial services firms like Pinnacle Financial Partners and wealth management groups also recruit from Lipscomb. Alumni tend to cluster in industries such as healthcare administration, information technology, finance, education, and marketing. While specific graduate school placement rates are not readily available, Lipscomb's strong ties to local professional networks and its emphasis on experiential learning through internships provide a solid foundation for further academic pursuits. Notable alumni include country music artist Michael W. Smith and former NFL player and coach Eddie George. The university's Career Services department emphasizes personalized guidance, resume building, and interview preparation, aiming to connect students with internship opportunities. These internships often serve as direct pipelines to full-time employment, particularly within Nashville's booming sectors. Geographic hiring patterns show a strong preference for the Middle Tennessee region, though graduates also find opportunities in other major Southern cities like Atlanta and Charlotte, especially in fields like healthcare and technology.

Campus Life & Culture at Lipscomb University

Lipscomb University draws a significant portion of its student body from Tennessee and surrounding Southern states, fostering a predominantly Christian, culturally conservative environment. Students who thrive here are typically seeking a close-knit community, a faith-integrated education, and a supportive academic setting that values personal growth alongside intellectual development.

Lipscomb University cultivates a vibrant campus community deeply rooted in its Christian heritage, fostering a close-knit environment where students often describe the 'vibe' as friendly, engaged, and purpose-driven. With a student body of just under 3,000, the university emphasizes personal connections and a supportive atmosphere. Social life isn't dominated by a traditional Greek system; instead, it revolves around student organizations, intramural sports, and campus-wide events. The university boasts over 100 student organizations, ranging from academic clubs and service groups to faith-based ministries and special interest groups, ensuring there's a niche for everyone. Spiritual life is central, with regular chapel services, small group Bible studies, and opportunities for mission trips, reflecting the school's commitment to holistic development. Athletics are a significant part of campus pride, with the Lipscomb Bisons competing in NCAA Division I, particularly strong in sports like basketball and baseball, drawing enthusiastic crowds to games. Housing is primarily on-campus for freshmen and sophomores, with options like the modern Elam Hall and the traditional Collins Hall, designed to encourage community living. Off-campus living in the surrounding neighborhoods like Green Hills or Berry Hill offers more independence for upperclassmen. Dining services are centralized, offering a variety of options in the Allen Dining Hall and various campus cafes, with meal plans designed to accommodate different student needs. The overall social scene is active but not overwhelming, characterized by a strong sense of shared values and a focus on academic and spiritual growth.

Campus Highlights

  • The heart of campus, the Allen Arena, hosts not only Bisons basketball games but also major campus events, concerts, and speakers, serving as a central gathering place.
  • The beautiful campus grounds, featuring the iconicñones "The Commons" green space, are perfect for studying, socializing, and enjoying Nashville's pleasant weather.
  • Lipscomb's strong commitment to spiritual formation is evident through daily chapel services, numerous small group ministries, and opportunities for mission trips.
  • The close proximity to downtown Nashville offers students unparalleled opportunities for internships, cultural experiences, and entertainment in a thriving music city.
  • The dedicated Career Bridge program helps students connect their academic pursuits with real-world career goals through internships, mentorship, and professional development.
  • The university's emphasis on global learning is highlighted by a wide array of study abroad programs, encouraging students to broaden their horizons.

Location & Regional Advantages

Lipscomb University's location in Nashville, Tennessee, offers significant geographic advantages for its students. Nashville boasts a rapidly growing and diversifying economy, often referred to as 'It City,' with strong sectors in healthcare, music, automotive, and technology. This provides a rich local job market for graduates. The cost of living in Nashville is generally considered moderate compared to other major tech and healthcare hubs, though it has been increasing. Proximity to industry hubs is excellent; Nashville is a national center for healthcare administration and a growing hub for tech startups and established companies. The city also has a thriving music and entertainment industry. Quality of life in Nashville is high, with a vibrant cultural scene, numerous parks, and a generally pleasant climate with four distinct seasons, though summers can be hot and humid. Safety is comparable to other mid-sized American cities. This location directly impacts career opportunities by providing abundant internship and entry-level job prospects within a short commute, fostering strong relationships between the university and local businesses, and allowing students to build professional networks in a dynamic economic environment before graduation.

How to Get Into Lipscomb University

Applying to Lipscomb University, with its 67.7% admission rate, suggests a moderately selective process where a strong academic record and alignment with the university's mission are key. While SAT/ACT scores are not currently a requirement, a solid GPA is crucial; aim for a B+ average or higher. The admissions committee looks for students who will thrive in Lipscomb's Christian environment and contribute positively to the campus community. Your application essay is a significant opportunity to showcase your personality, values, and how you connect with Lipscomb's mission. Consider topics that reflect your faith journey, leadership experiences, or your desire to serve others. Demonstrated interest is important; engage with the university by attending virtual or in-person information sessions, visiting campus if possible, and connecting with admissions counselors. Early Action (EA) is available, which allows you to apply early and receive a decision without being contractually obligated to attend, offering a strategic advantage for those who know Lipscomb is a top choice. The ideal timeline is to have your application completed by the EA deadline (typically November 1st) or the Regular Decision deadline (usually February 1st) to maximize scholarship consideration and ensure a timely review.

How Lipscomb University Compares to Similar Schools

Similar schools: Belmont University, Vanderbilt University, Tennessee State University, Middle Tennessee State University

Advantages

  • Stronger focus on specific professional programs aligned with Nashville's key industries (e.g., healthcare, music business)
  • Smaller class sizes and more personalized attention compared to larger state universities
  • Active alumni network within the growing Nashville business community

Disadvantages

  • Higher tuition cost compared to public universities like MTSU or TSU
  • Lower overall national ranking and brand recognition compared to Vanderbilt
  • Potentially fewer research opportunities and graduate program options compared to a major research university like Vanderbilt

Best For

  • Prospective students who prioritize low debt and high immediate financial aid should consider other options.
  • Students seeking a larger campus with more diverse extracurricular activities might find other institutions more appealing.

Avoid If

  • Students looking for a more affordable education with lower debt should explore other options.
  • Prospective students with a preference for larger institutions with more diverse student bodies might find other schools better suited.

Frequently Asked Questions about Lipscomb University

How much does it cost to attend Lipscomb University?

In-state tuition at Lipscomb University is $40,572 per year, and out-of-state tuition is $40,572 per year. The median student debt at graduation is $19,500.

What is the acceptance rate at Lipscomb University?

Lipscomb University has an acceptance rate of 67.7%.

What is the graduation rate at Lipscomb University?

Lipscomb University has a graduation rate of 70.5%.

How much do Lipscomb University graduates earn?

The median earnings for Lipscomb University graduates 10 years after enrollment is $55,541. With median debt of $19,500, graduates earn roughly 2.8x their debt level annually.

How big is Lipscomb University?

Lipscomb University has approximately 2,997 students and is classified as a medium institution. It is located in Nashville, TN and is a Private Nonprofit institution.

Is Lipscomb University worth the cost?

Lipscomb University has an ROI score of -66 out of 100. With in-state tuition of $40,572 per year and median post-graduation earnings of $55,541, the data suggests the return on investment may be below average.

Where is Lipscomb University located?

Lipscomb University is located in Nashville, TN. It is a Private Nonprofit institution with approximately 2,997 students.

How much student debt do Lipscomb University graduates have?

The median student debt for Lipscomb University graduates is $19,500. With median earnings of $55,541 ten years after enrollment, graduates can expect a debt-to-income ratio of 35%.

Is Lipscomb University a good college?

Lipscomb University has a graduation rate of 70.5% and median post-graduation earnings of $55,541. High admission rate of 67.73%.

How does Lipscomb University compare to similar colleges?

Graduation rate of 70.46% is above the national average for similar institutions. Compared to peer institutions, Lipscomb University offers strong graduation rates and high earnings potential, but with a high median debt.

What career prospects do Lipscomb University graduates have?

Graduates of Lipscomb University are well-positioned for career advancement and higher earnings.

What should prospective students know about Lipscomb University?

Lipscomb University is well-regarded in the Nashville area and offers a strong academic and career-focused environment.

What makes Lipscomb University stand out?

Median earnings 10 years post-graduation are $55,541, above the national average for similar institutions.

What are the pros and cons of attending Lipscomb University?

High median debt of $19,500.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.