College Compass GuideTrue north for every college search.

Best colleges under $20,000 a year in Tennessee

The highest-rated colleges whose average yearly price after grants is under $20,000.

Best colleges under $20,000 a year in Tennessee3 schools

3 schools qualify, ranked by the Compass Score.

How this list is made

  • Schools in Tennessee.
  • Accredited four-year undergraduate colleges.
  • Academic Excellence grade B+ or better (the top 35% of rated colleges).
  • Net price (average yearly cost after grants) under $20,000 from federal data (College Scorecard).
  • Each school needs a complete Compass Score, so every row shows a rating.
  • Ordered by Compass Score, highest first. Schools with the same score share a rank.

Updated Oct. 20, 2026. Methodology. Spot an error? Send a correction.

  1. 1

    Vanderbilt University

    Nashville, TN · Private nonprofitHonor Roll

    #1 in Tennessee

    • Net price $15,846 a year
    • 94% graduate
  2. 2

    The University of Tennessee-Knoxville

    Knoxville, TN · PublicHonor Roll

    #3 in Tennessee

    • Net price $18,976 a year
    • 74% graduate
  3. 3

    Lee University

    Cleveland, TN · Private nonprofit

    #10 in Tennessee

    • Net price $18,878 a year
    • 63% graduate

Compare cost and outcomes

SchoolNet price a yearMedian debtEarnings 10 years outGraduation rate
Vanderbilt University$15,846$14,000$91,56594%
The University of Tennessee-Knoxville$18,976$20,500$60,24974%
Lee University$18,878$25,750$43,22263%

Net price is the average yearly cost after grants. Federal data (College Scorecard). “—” means the school reports no figure.

This list in other states

The national list → · All top school lists →

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