Lipscomb offers 3-year Undergrad Degree

Lipscomb University announced new programs today to make college more affordable and available to more students.

The university is launching a program to help students obtain undergraduate degrees in three years. The initiatives allow eligible U.S. military veterans to attend Lipscomb tuition free and provide full scholarships for qualified community college students.

“Access Lipscomb provides students with savings ranging from $2,500 to full tuition,” Lipscomb President Randolph Lowry says. “We are committed to expanding the opportunity for a Lipscomb education to traditional and non-traditional students from all backgrounds.”

The three programs are:

  • Through the Veteran Scholars Initiative, Lipscomb will match dollar for dollar the federal government aid provided through the Yellow Ribbon G.I. program. This will allow military veterans and their family members to earn an undergraduate degree tuition free. Lipscomb is also designating veteran liasons in its student services, counseling and career centers.
  • The Community College Initiative offers a full tuition Trustee’s Scholarship for one student from each of the Tennessee Board of Regents community colleges. It also offers a new $2,500 scholarship for community college students who transfer with a minimum of 30 credit hours.
  • The Three-Year Education Plan gives students the option of earning a bachelor’s degree in 3 years, which requires classes during two summers resulting in $10,000 savings.

“A three-year college degree is not for every student, just as a hybrid car is not for every driver,” says Sen. Lamar Alexander, a former U.S. secretary of education and president of the University of Tennessee. “But for some well-prepared students, earning a degree in three years can save both time and money.”

Alexander suggested colleges should offer three year degrees, cutting down the cost of getting college education, at a conference hosted by the American Council on Education in Washington in February. (Nashville Business Journal)

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