Lane College did not increase tuition fees for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, four-year, not-for-profit institution paid $11,790 for both the 2021-22 and 2022-23 academic years.
Approximately 61% of Lane College’s undergraduate students are residents of Tennessee. Students from other states make up about 38%, while international students account for roughly 1%.
Data indicates that 96% of full-time undergraduates who began their studies at Lane College in 2022-23 received some form of financial aid. A total of 294 students were awarded grants or scholarships amounting to $3 million, while 188 students obtained student loans exceeding $971,379.
Across the entire undergraduate body, 923 students benefited from grants or scholarships totaling $9.7 million. Additionally, 608 students secured federal student loans totaling $3.7 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Lane College in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 265 | 85% | $1.6 million | $5,910 |
| State / local grant or scholarship | 148 | 47% | $638,500 | $4,314 |
| Institutional grants or scholarships | 133 | 42% | $802,560 | $6,034 |
| Grant or scholarship aid total | 294 | 94% | $3 million | $10,229 |
| Federal student loans | 188 | 60% | $971,379 | $5,167 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 188 | 60% | $971,379 | $5,167 |
| Total student aid | 299 | 96% | $4 million | $13,306 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
