by our College Data Analytics TeamHow much of the cost at Lipscomb will the G.I. Bill® cover? GI Bill® benefits are limited and differ by school, so the specifics matter.
Below is the gap between the Post-9/11 tuition benefit and the cost at Lipscomb. Living-expense and book benefits are addressed in their own sections below.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $38,824 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $18,589 |
The Post-9/11 GI Bill® caps the annual tuition benefit (about $20,235), so the tuition above that is a gap veterans must cover through Yellow Ribbon, savings, or other aid at Lipscomb.
Lipscomb University participates in the Yellow Ribbon Program, which can cover tuition and fees beyond the Post-9/11 GI Bill® cap through matching funds from the school and the VA. In the most recent year, about 49 students received Yellow Ribbon awards at this school.
Available Yellow Ribbon seats and maximum contributions differ by program and degree level — check with the veteran services office for current limits.
DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Lipscomb compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $130 |  |
| Out-of-state | $130 | |
Beyond tuition, the Post-9/11 GI Bill® pays a Monthly Housing Allowance (MHA) while you are enrolled. Here is how that benefit compares to the estimated cost of living at Lipscomb.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $14,490 |
| Post-9/11 monthly housing allowance (MHA) | $2,388/mo |
| Housing benefit (academic year, ~8 months) | $19,104 |
| Estimated surplus in your pocket | $4,614 |
At this school the academic-year housing benefit exceeds typical living costs, so most full-time students come out ahead. The MHA is based on the school’s ZIP code and is paid at the full-time rate for resident students.
Eligible veterans receive up to $1,000 a year for books and supplies; Lipscomb estimates these costs at about $1,650, leaving about $650 out of pocket.
These figures show the GI Bill® and DoD Tuition Assistance dollars veterans and service members actually used at Lipscomb.
In the latest reporting year, about 127 students drew Post-9/11 GI Bill® tuition benefits totaling $2,282,891.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 119 | $2,639,082 | $22,177 |
| GI Bill® — undergraduate | 88 | $2,203,364 | — |
| GI Bill® — graduate | 31 | $435,718 | — |
| DoD Tuition Assistance (all) | 32 | $101,500 | $3,172 |
| DoD TA — undergraduate | 1 | $4,000 | — |
| DoD TA — graduate | 31 | $97,500 | — |
GI Bill® dollars are paid on the veterans behalf, while DoD Tuition Assistance supports active-duty service members.
References
More about our data sources and methodologies.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at benefits.va.gov/gibill.