<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-08-18</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001017440</issuerCik>
        <issuerName>PRECIS INC</issuerName>
        <issuerTradingSymbol>pcis</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001017440</rptOwnerCik>
            <rptOwnerName>PRECIS INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2500 SOUTH MCGEE DR</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 147</rptOwnerStreet2>
            <rptOwnerCity>OKLAHOMA CITY</rptOwnerCity>
            <rptOwnerState>OK</rptOwnerState>
            <rptOwnerZipCode>73072</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>
  <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
          <value>Common Stock, $.01 par value</value>
      </securityTitle>
      <transactionDate>
          <value>2003-08-18</value>
      </transactionDate>
      <deemedExecutionDate>
          <value>2003-08-18</value>
      </deemedExecutionDate>
      <transactionCoding>
          <transactionFormType>4</transactionFormType>
          <transactionCode>S</transactionCode>
          <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionTimeliness>
      <value />
      </transactionTimeliness>
      <transactionAmounts>
          <transactionShares>
              <value>3700.00</value>
          </transactionShares>
          <transactionPricePerShare>
              <value>5.00</value>
          </transactionPricePerShare>
          <transactionAcquiredDisposedCode>
              <value>D</value>
          </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>86319.00</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
  </nonDerivativeTable>
  <derivativeTable>
  </derivativeTable>
    <ownerSignature>
       <signatureName>Kent H. Webb</signatureName>
       <signatureDate>2003-08-18</signatureDate>
    </ownerSignature>
    <ownerSignature>
       <signatureName>Kent H. Webb</signatureName>
       <signatureDate>2003-08-18</signatureDate>
    </ownerSignature>
</ownershipDocument>

