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Grand Canyon University Tuition & Cost Guide


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Cost to Attend

Costs

$32,100

All Residents

  • Tuition: $16,500
  • Room and Board:$8,550
  • Books and Supplies: $800
  • Other Fees: $550

*All tuition data is sourced from the 2015/2016 U.S. Department of Education National Center for Education Statistics survey.

Annual Prices

The annual list price to attend Grand Canyon University on a full time basis for 2015/2016 is $32,100 for all students regardless of their residency. This fee is comprised of $16,500 for tuition, $8,550 room and board, $800 for books and supplies and $550 for other fees.



Financial Aid and Student Loans - What does it really cost to attend?

The average reported annual net price for Grand Canyon University for students receiving grants or scholarship aid was $19,761 in 2014/2015.

Aid Amount Percent Receiving Aid
Average Annual Total Grant Aid $11,217 98%
Average Pell Grant $4,483 48%
Average Annual Federal Student Loan $6,795 73%

To gauge a more realistic picture of what it may really cost you out of pocket to go to Grand Canyon University, we've modeled a ten year student loan with an original principal value of $67,104. The loan balance of $67,104 is a four year multiple of the $16,776 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $701 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $67,104
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $700.64
Total Interest Paid $16,973.08
Sum of All Loan Payments $84,077.08

Projected 4 Year Degree Price

Based on published tuition prices, we estimate the current published cost of a 4 year bachelor's degree at Grand Canyon University to be $128,400 - assuming graduation in normal time. Our estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Year 1 Year 2 Year 3 Year 4
All Residents $32,100 $34,347 $36,751 $39,324

Per Credit Hour and Per Class Prices

We estimate the cost for a class at Grand Canyon University as follows based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Grand Canyon University versus other colleges.

Cost Per Credit Hour Cost Per Class (3 credit hr) Cost Per Class (4 credit hr)
All Residents $455 $1,365 $1,820

Historical Tuition Prices

The cost to attend college is continually rising. The table below will provide perspective as to the historical tuition increases reported for Grand Canyon University and what it has cost to attend in past years.

Arizona Resident Out of State Annual Percent Change
2010 $17,060 $17,060 7.1%
2009 $15,930 $15,930 11.2%
2008 $14,320 $14,320 14.6%
2007 $12,500 $12,500 22%
2006 $10,250 $12,500 -29.3%
2005 $14,500 $14,500 0%
2004 $14,500 $14,500 5.5%
2003 $13,750 $13,750 31%
2002 $10,500 $10,500 8.1%
2001 $9,710 $9,710 15.9%
2000 $8,380 $8,380 -9.5%
1999 $9,260 $9,260 1.7%
1998 $9,105 $9,105 7.8%
1997 $8,450 $8,450 7.6%
1996 $7,850 $7,850 2.1%
1995 $7,690 $7,690 14.3%
1994 $6,730 $6,730 6.3%
1993 $6,330 $6,330 0%
1992 $6,330 $6,330 58.2%
1991 $4,000 $4,000 10.1%
1990 $3,632 $3,632 19.6%
1989 $3,036 $3,036 -15%
1988 $3,572 $3,568 17.1%
1987 $3,050 $3,050 0%

Tuition Payments

Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=104717 IPEDS survey data for Grand Canyon University.




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