Lipscomb does not have fraternities and sororities per say. Rather they have social clubs which are localized only to Lipscomb and are not part of any national Greek system. The women's social clubs include Delta Xi, Delta Sigma, Gamma Lambda, Kappa Chi, Phi Sigma, and Pi Delta. Delta Nu, Delta Tau, Gamma Xi, Omega Nu, Sigma Omega Sigma, Sigma Iota Delta, and Tau Phi make up the Men's social clubs. Social club members participate in Singarama (an annual spring musical).

The university also offers membership in other academic, professional, and service clubs including Alpha Chi National Honors Society, Sigma Tau Delta National English honor society, Circle K International, College Republicans, and College Democrats.

The Babbler is the student newspaper which is published weekly. The origin of the title of the publication comes from Acts 17:18 which in part says "What does this Babbler have to say?" The Backlog is the school's yearbook.

Lipscomb offers a handful of study abroad programs. In the mid 1990s a study abroad program Vienna, Austria was originally offered. Programs in London, Great Britian and Athens, Greece were added afterward.