Best Colleges in Tennessee of 2023-2024

Tennessee is home to dozens of colleges. Find out which are the best colleges in Tennessee when you're applying to school this fall.

Best Colleges in Tennessee of 2023-2024
Li Yuanhe

There are many states in America that have excellent schools of higher learning, which can make it hard to decide where to apply to. The state you decide on can be dictated by a number of factors, such as its close proximity to where you live, the environment there that appeals to you, scholarship reasons, or simply because you want to go to a college that’s different from the one you live in. 

In this BrokeScholar study, we focused on determining the best colleges in Tennessee. In order to do this, we analyzed every four-year public and four-year private nonprofit college and university in Tennessee that offers bachelor’s degrees. The methodology for determining the best colleges in Tennessee is based on a combination of factors, including graduation rate, admission rate, number of bachelor’s degrees awarded, the ratio of bachelor’s degrees awarded to undergraduate population (to prevent big schools that give out large quantities of degrees from automatically ranking highest), in-state tuition costs, and out-of-state tuition costs. All data was sourced from the National Center for Education Statistics (NCES), for the academic year 2022-2023.

Read on to find out the best colleges in Tennessee of 2023-2024.

Best Colleges in Tennessee

The top colleges in Tennessee combine strong academic records and academic programs, with high graduation rates, as well as selectivity with their admissions. There’s a great mix of private nonprofit schools and public schools that made the top of our list, which means prospective college students have plenty of options to choose from. Here’s a look at the 15 best colleges in Tennessee:

Best Colleges in Tennessee

The top colleges in Tennessee combine strong academic records and academic programs, with high graduation rates, as well as selectivity with their admissions. There’s a great mix of private and public schools that made the top of our list, which means prospective college students have plenty of options to choose from. Here’s a look at the 15 best colleges in Tennessee:

Rank

College/University

In-state Tuition and Required Fees

Out-of-state Tuition and Required Fees

Graduation Rate

Admission Rate

1

Vanderbilt University

$60,348

$60,348

97%

7%

2

University of Tennessee

$13,244

$31,664

88%

68%

3

Middle Tennessee State University

$9,232

$28,264

75%

73%

4

Union University

$36,880

$36,880

87%

53%

5

Rhodes College

$52,310

$52,310

85%

54%

6

The University of the South

$51,146

$51,146

81%

52%

7

Tennessee Wesleyan University

$27,350

$27,350

50%

61%

8

King University

$33,784

$33,784

46%

61%

9

Tennessee Technological University

$9,802

$19,834

60%

78%

10

Milligan University

$37,550

$37,550

63%

67%

11

Bethel University

$17,482

$17,482

45%

89%

12

East Tennessee State University

$9,674

$13,484

55%

85%

13

Cumberland University

$26,400

$26,400

49%

66%

14

University of Tennessee Martin

$9,912

$15,952

53%

88%

15

Lipscomb University

$37,152

$37,152

69%

71%

1. Vanderbilt University

Named for the wealthy, prestigious Vanderbilt family who made their enormous fortune in the heydays of the Gilded Age, namely railroads, Vanderbilt University is easily one of, if not the, best colleges in Nashville. Vanderbilt makes the top of our list of the best colleges in Tennessee thanks to strong scores across the board. Vanderbilt University’s admission rate was a mere 7% for the academic year 2022-2023, making it the hardest college to get into in Tennessee in the study. At the same time, Vanderbilt University boasts the highest graduation rate at 97% for the same academic year in our study of the best colleges in Tennessee. 

The university awarded 1,715 bachelor’s degrees in 2022, well above the study’s overall average of 815 degrees awarded. In terms of the ratio of degrees awarded to undergraduate population, Vanderbilt’s is 24.1%, also besting the study’s overall average of 19%. Vanderbilt University’s only downside is its costly tuition, which at an estimated $60,348 for in-state and out-of-state per year, is the highest in the study. However, high tuitions usually come with the territory of a selective academic powerhouse like Vanderbilt.

2. The University of Tennessee Knoxville

The University of Tennessee Knoxville, also called UT Knoxville for short, is one of the top colleges in Tennessee, ranked No. 46 (with 1 being the best) by U.S. News in its Top Public Schools category. UT Knoxville has an excellent graduation rate of 88% for the 2022-2023 academic year. Plus,. UT Knoxville also offers a vast range of academic programs and majors for undergraduates to pursue, having conferred 5,343 bachelor’s degrees in 2022, the largest number of degrees in the study. Even with its large undergraduate population of 25,067, the ratio of degrees awarded to undergraduate population was a solid 21.3%, better than the study’s overall average of 19%. Critically important too is the affordable in-state tuition: It costs $13,244 for students who reside in the state, which is among the lowest tuition rates in the whole study. All these factors help make UT Knoxville rank as the No. 2 best college in Tennessee.

3. Middle Tennessee State University

Located in Murfreesboro, Middle Tennessee State University is more selective than most Tennessee colleges and universities, with an admission rate of 73% versus an overall average of 76% for all the schools analyzed in the study. Its graduation rate of 75% surpasses  the study’s overall average of 52%. Middle Tennessee State University has a wide range of academic programs for students to choose from. Some areas with strong rates of bachelor’s degrees awarded include Multi-/Interdisciplinary Studies, Other, with 259 degrees awarded in the last academic year; Psychology, General, with 218 degrees awarded; Business Administration and Management, General with 218 degrees awarded; Aeronautics/Aviation/Aerospace Science and Technology, General, with 205 degrees awarded; and Biology/Biological Sciences, General, with 141 degrees awarded. Another thing that makes Middle Tennessee State University one of the best colleges in Tennessee is its high ranking  in the country by U.S. News in its category Top Performers on Social Mobility, which measures the effectiveness of colleges that enroll and graduate large proportions of disadvantaged students. The university also has one of the cheapest in-state tuition rates in the study, costing only $9,232.

4. Union University

Union University is in the small city of Jackson and offers everything from one-year certificates to associate degrees to bachelor’s degrees to doctor’s degrees in research and professional practice. Its admissions rate is competitive, with 53% of applicants being granted admission in the academic year 2022-2023. Union University’s graduation rate is also far better than the study's average, at 87% versus a 52% average for the whole study. Though it has an undergraduate population on the smaller side (1,993), it still awarded 510 bachelor's degrees in 2022, making for an excellent ratio of degrees to undergraduate population of 25.6%, better than the study’s overall average of 19%. However, because it is one of the schools in Tennessee that's a private nonprofit, its tuition rates are on the higher side: $36,880 for both in-state and out-of-state students. Still, all of Union University’s pros outweigh its minimal cons, making it the No. 4 best college in Tennessee.

5. Rhodes College

Rhodes College is easily one of the best colleges in Memphis, boasting a top-5 graduation rate in the study at 85%, only 12% behind No. 1 Vanderbilt University and way better than the 52% average for the study overall. Rhodes College’s admission rate is also selective, with only 54% of applicants being admitted compared to the 76% average for the study overall. Student retention is high at Rhodes College, with only 14% transferring out. And with its small undergraduate population of 2,050, Rhodes College handed out 484 bachelor’s degrees in the last academic year, for a superb bachelor’s degrees-to-undergraduate ratio of 23.6%.

6. The University of the South

The University of the South, sometimes called Sewanee University of the South, makes our list of the best colleges in Tennessee thanks to a number of key factors. The university’s graduation rate of 81% is excellent, far higher than the 52% average for the whole study, and ranks among the top 10 colleges in Tennessee with the best graduation rate.  

With an admission rate of 52%, it’s also more competitive than the average admission rate of all Tennessee colleges and universities in the study. As a private nonprofit school in a rural setting, the University of the South still managed to confer 399 bachelor’s degrees in the last academic year, against an undergraduate population of 1,735, for a ratio of degrees to students of 23%, which is better than average. Unfortunately, Sewanee didn’t rank higher on our list of the best colleges in Tennessee due in part to its tuition costs, which are on the higher side: $51,146 for both in-state and out-of-state students.

7. Tennessee Wesleyan University

Located in the town of Athens, Tennessee Wesleyan University has plenty going for it as one of the best colleges in Tennessee. As a small private nonprofit university, its undergraduate population is only 974, but the school conferred an impressive 275 bachelor’s degrees in the last academic year. This equates to a ratio of degrees awarded to undergraduate students of 28.2%, one of the highest in the study and much better than the 19% average for the study overall. Another reason that makes it one of the top colleges in Tennessee is its more selective rate of admissions, with 61% being admitted as compared to 76% for the study overall. And to add to its placement among one of the Tennessee colleges and universities is its ranking by U.S. News as No. 17 in terms of Top Performers on Social Mobility, No. 19 in its best Regional Colleges South category, and No, 23 in its Best Value Schools category.

8. King University

At home in the small city of Bristol, King University ranks No. 8 in our study of the best colleges in Tennessee. U.S. News ranks King University highly, ranking in No. 7 in its Best Value Schools category and No. 15 in Top Performers on Social Mobility. King University is more selective on average than most Tennessee colleges and universities, with an admission rate of 61% versus 76% for the average of the study overall. With its small undergraduate population of 1,356, King University awarded an impressive 461 bachelor’s degrees in the last academic year. That works out to a ratio of degrees awarded to the undergraduate population of 34%, the best ratio in the study and far superior to the 19% average for the study overall. 

Some of top academic programs at King University include Registered Nursing/Registered Nurse, which earned 103 bachelor’s degrees in 2022; Business Administration and Management, General, which earned 76 bachelor’s degrees; Social Work, which earned 43 bachelor’s degrees; Elementary Education and Teaching, which earned 30 bachelor’s degrees; and Psychology, General, which earned 28 bachelor's degrees.

9. Tennessee Technological University

Located in Cookeville, Tennessee Technological University (or Tennessee Tech) makes our list of the best colleges in Tennessee thanks to a combination of its strong academic record and affordability. In the last academic year, it awarded 1,970 bachelor’s degrees, the fourth largest number of degrees awarded in the study. With an undergraduate population of 8,394, the ratio of bachelor’s degrees awarded to undergraduate students is 23.5%, beating the study’s overall average. Though its admission rate is higher than the average admission rate for all Tennessee colleges and universities in the study, Tennessee Tech’s affordability is a big selling point. With an in-state tuition costing only $9,802, Tennessee Tech’s in-state tuition is one of the lowest rates in the whole study. U.S. News also ranked it as the No. 140 Top Public School in the whole country, which only further adds to its placement as the No. 9 best college in Tennessee.

10. Milligan University

Milligan University is a small private nonprofit university, with just 789 undergraduate students. As one of the top colleges in Tennessee, Milligan University touts a graduation rate of 63%, beating the average of 52% for the whole study. Its admission rate is also more selective, with an undergraduate acceptance rate of 67% against an average of 76% for the study as a whole. Milligan University also earns great marks from U.S. News, where it ranks No. 2 (out of 138 southern universities) in its Best Value Schools category, as well as ranking No. 10 (out of 138) in its best Regional Universities South category.

11. Bethel University

Bethel University ranks No. 11 in our study of the best colleges in Tennessee. With an in-state and out-of-state tuition cost of $17,482, Bethel University has one of the more affordable tuition rates of the four-year private nonprofit schools analyzed in the study. Some of the strongest academic fields of study at Bethel University include Organizational Leadership, which earned 144 bachelor’s degrees in the last academic year; Criminal Justice/Safety Studies, which earned 103 bachelor’s degrees; and Business Administration and Management, General, which earned 32 bachelor’s degrees. Like many other of the best colleges in Tennessee, Bethel University was ranked highly by U.S. News, coming in at No. 22 in its Top Performers on Social Mobility.

12. East Tennessee State University

Located in Johnson City, East Tennessee State University benefits from a wide variety of academic programs, combined with affordability. Its in-state tuition is only $9,674 and its out-of-state tuition is only $13,484 for the academic year 2022-2023, both ranking among the cheapest tuition rates in our study of the best colleges in Tennessee. According to U.S. News, East Tennessee State University ranks No. 147 in its Top Public Schools category out of 1,870 public schools.

In the last academic year, East Tennessee State University conferred 2,470 bachelor’s degrees. With an undergraduate population of 10,316, that equates to a ratio of degrees to undergraduates of 23.9%, which is far better than the 19% average for the study as a whole. This university is also one of the top colleges in Tennessee thanks to its many master’s programs, with 681 master’s degrees being awarded last academic year.

13. Cumberland University

Founded in 1842, Cumberland University is located in the town of Lebanon. Cumberland University is a private four-year university and is more selective than most Tennessee schools. Cumberland’s admission rate was 66% for the academic year 2022-2023, compared to the 76% average for all the Tennessee colleges and universities analyzed in the study. According to U.S. News college rankings, Cumberland University ranks well for being among the best schools in the South and in its Top Performers on Social Mobility category. With 276 bachelor’s degrees awarded in the last academic year, the programs that stand out the most include: Registered Nursing/Registered Nurse, which awarded 65 bachelor’s degrees; Business Administration and Management, General, which awarded 47 bachelor’s degrees; Exercise Science and Kinesiology, which awarded 24 bachelor's degrees; and Criminal Justice/Law Enforcement Administration, which awarded 19 bachelor’s degrees.

14. The University of Tennessee Martin

The University of Tennessee Martin ranks as the No. 14 best college in Tennessee in our study due to a combination of strong academics and affordability. Out of all the Tennessee colleges and universities analyzed in our study, the University of Tennessee at Martin had an in-state tuition that is the seventh cheapest, $9,912. Its out-of-state tuition of $15,952 is also very affordable compared to the majority of Tennessee colleges and universities in general. Though a top public college in Tennessee and part of the University of Tennessee system, it has only a little over 6,000 undergraduates, which is comparatively small for a state college.

Undergraduate students tend to stay and complete their studies at the University of Tennessee at Martin, with a transfer-out rate of only 22%, better than the overall average of 28% for the study. And the university’s graduation rate is slightly better than the study’s overall average, 53% versus 52%, respectively. According to U.S. News, the University of Tennessee at Martin ranks among the top-20 list of the Best Colleges for Veterans category, an impressive No. 15 in its Top Public Schools category, and No. 31 in its best Regional Universities South category. All of these factors combine to make the University of Tennessee at Martin one of the best colleges in Tennessee.

15. Lipscomb University

Lipscomb University ranks among the best colleges in Nashville, sporting a graduation rate of 69%, besting the 52% average for all Tennessee colleges and universities in the study. Its admission rate is more selective than the study’s average overall, at 71%l. As a small private nonprofit university, Lipscomb University has an undergraduate population of 2,952. For the last academic year, Lipscomb University awarded 685 bachelor’s degrees, which works out to a ratio of degrees awarded to the undergraduate population of 23.2%, much better than the average for the study as a whole. Lipscomb University has a lot going for it, but what keeps it from ranking higher in our study of the best colleges in Tennessee is the higher-than-average tuition costs: In-state and out-of-state tuition for the academic year 2022-2023 was $37,152.

The Bottom Line on the Best Colleges in Tennessee

These 15 best colleges in Tennessee offer combinations of affordability, strong academic records, solid graduation rates, competitive admission rates, and high proportions of bachelor’s degrees awarded per academic year. Of course, some Tennessee colleges and universities that made this top-15 list are more expensive than others. Vanderbilt University stands out the most in this regard, but it also offers one of the best academic experiences in all of Tennessee and is frequently ranked among the best colleges in the country. 

Tuition costs are something that every prospective college student and parents have to balance with academics. It’s essential to research the number and variety of degrees that these colleges have to offer to make sure it’s the right fit for what you want to study. Since money is such a crucial part of attending college, be sure to check out the student discounts offered by BrokeScholar to help reduce the cost of purchases you might make when attending one of these schools in Tennessee. What’s more, take time to investigate the vast library of scholarships compiled on BrokeScholar that can help you save even more money.

Andrew DePietro

Author: Andrew DePietro

Senior Researcher, and Content Strategist

Andrew DePietro is a finance writer covering topics such as entrepreneurship, investing, real estate and college for BrokeScholar, Forbes, CreditKarma, and more.