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Annual Costs

Undergraduate Tuition

Tuition for Grand Canyon University is $16,500 for the 2017/2018 academic year. This is 15% more expensive than the national average private for-profit four year college tuition of $14,395. The cost is 14% more expensive than the average Arizona tuition of $14,495 for 4 year colleges. Tuition ranks 17th in Arizona amongst 4 year colleges for affordability and is the 9th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $550 in addition to tuition bringing the total effective in-state tuition to $17,050.

Housing Costs

On campus room and board is provided by the school at a cost of $8,550 per academic year. Students electing to live off campus elsewhere in Phoenix should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $800.

Other Living Expenses

If living on-campus, students should budget for $5,700 in additional living expenses. Off-campus students should budget for $5,700 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Grand Canyon University was $32,100 for the 2017/2018 academic year. The cost is the same for all students regardless of Arizona residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Grand Canyon University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Grand Canyon University
Estimated Budgets
Arizona Resident Total Budget $32,100
   In-State Tuition$16,500
   Other Fees$550
   Room and Board$8,550
   On-Campus Other Budget$5,700
   Books and Supplies$800
Non-Resident Total Budget $32,100
   Out-of-State Tuition$16,500
   Other Fees$550
   Room and Board$8,550
   On-Campus Other Budget$5,700
   Books and Supplies$800

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $32,100 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Grand Canyon University net price for in-state students is $19,761* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

98% of Grand Canyon University students received grant aid in 2014/2015. The average total aid amount was $11,217. 48 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,483. To apply for a Pell Grant to attend Grand Canyon University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Grand Canyon University
Financial Aid Summary
Average Annual Net Price$19,761*
Percent of Students Receiving Grant Aid98%
Average Total Grant Aid$11,217
Percent of Students Receiving Pell Grants48%
Average Amount of Pell Grant Aid$4,483

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$25,442
$30,001 to $48,000$26,369
$48,001 to $75,000$29,249
$75,001 to $110,000$30,837
$110,000+$30,890

Average Financial Aid Mix - $32,100 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $32,100. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

42%
26%
32%

Grants and Scholarships

 42% - $11,217

Money granted to you by the U.S. Department of Education, Grand Canyon University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 26% - $6,795

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 32% -  $8,388

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Grand Canyon University
DeVry University Arizona4% less expensive
Chamberlain College of Nursing Arizona12.1% more expensive
National Paralegal College52.7% less expensive
CollegeAmerica Phoenix2.8% more expensive
Western International University63.6% less expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Grand Canyon University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Grand Canyon University is $128,400 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $16,776 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $67,104**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $160,500 or $83,880 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Grand Canyon University.

Arizona Resident Tuition Per Semester$8,250
Arizona Resident Total Cost Per Semester$16,050

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Grand Canyon University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Grand Canyon University
Price per credit hour$458
Cost for one class (3 credit hours)$1,374
Cost for one class (4 credit hours)$1,832

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 73% of Grand Canyon University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,795.

Example Loan Payments and Costs

How much are student loan payments for Grand Canyon University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $67,104, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $83,260.68. This could be your effective total out of pocket cost of an education at Grand Canyon University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 98% of students at this school who receive financial aid and you are paying an average annual net price of $16,776. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Grand Canyon University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Grand Canyon University Student Loan Payments
Example Payments
Monthly Loan Payment$693.84
Amount Borrowed$67,104.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$16,156.68
Sum of All Payments over 10 years$83,260.68

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Grand Canyon University? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Grand Canyon University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $83,260.68 would be needed to afford a $693.84 monthly payment in the example $67,104.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Grand Canyon University in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $128,400.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Grand Canyon University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$44,145$176,580
Estimated Cost in 10 years for students enrolling in 2029$56,341$225,366
Estimated Cost in 15 years for students enrolling in 2034 $71,908$287,630
Estimated Cost in 18 years for students enrolling in 2037 $83,242$332,968

Tuition History

What was tuition at Grand Canyon University five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearTuitionAnnual Increase
2012$9,198-44.3%
2011$16,500-3.3%
2010$17,0607.1%
2009$15,93011.2%
2008$14,32014.6%
2007$12,50022%
2006$10,250-29.3%
2005$14,5000%
2004$14,5005.5%
2003$13,75031%
2002$10,5008.1%
2001$9,71015.9%
2000$8,380-9.5%
1999$9,2601.7%
1998$9,1057.8%
1997$8,4507.6%
1996$7,8502.1%
1995$7,69014.3%
1994$6,7306.3%
1993$6,3300%
1992$6,33058.2%
1991$4,00010.1%
1990$3,63219.6%
1989$3,036-15%
1988$3,57217.1%
1987$3,050

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Grand Canyon University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Bachelor's Degree 1,459 11% cheaper
Business Administration and Management, General Bachelor's Degree 231 7% cheaper
Elementary Education and Teaching Bachelor's Degree 166 10% cheaper
Human Resources Management and Services, Other Bachelor's Degree 140 22% cheaper
Psychology, General Bachelor's Degree 128 21% cheaper
Health Professions and Related Clinical Sciences, Other Bachelor's Degree 101 17% cheaper
Special Education and Teaching, General Bachelor's Degree 59 10% cheaper
Substance Abuse/Addiction Counseling Bachelor's Degree 50 2% cheaper
English Language and Literature, General Bachelor's Degree 45 20% cheaper
Early Childhood Education and Teaching Bachelor's Degree 44 7% cheaper
Accounting Bachelor's Degree 43 14% cheaper
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 43 23% cheaper
Biology/Biological Sciences, General Bachelor's Degree 36 21% cheaper
Respiratory Care Therapy/Therapist Bachelor's Degree 31 6% cheaper
Mathematics Teacher Education Bachelor's Degree 30 9% cheaper
Marketing/Marketing Management, General Bachelor's Degree 28 12% cheaper
Secondary Education and Teaching Bachelor's Degree 23 12% cheaper
Sociology Bachelor's Degree 21 22% cheaper
Speech Communication and Rhetoric Bachelor's Degree 20 19% cheaper
History, General Bachelor's Degree 20 22% cheaper
Criminal Justice/Law Enforcement Administration Bachelor's Degree 17 1% costlier
Community Organization and Advocacy Bachelor's Degree 15 18% cheaper
Finance, General Bachelor's Degree 14 14% cheaper
Entrepreneurship/Entrepreneurial Studies Bachelor's Degree 10 20% cheaper
Exercise Physiology Bachelor's Degree 9 24% cheaper
Athletic Training/Trainer Bachelor's Degree 5 15% cheaper
Bible/Biblical Studies Bachelor's Degree 5 7% costlier
Religion/Religious Studies Bachelor's Degree 4 32% cheaper
Sport and Fitness Administration/Management Bachelor's Degree 3 15% cheaper
Youth Ministry Bachelor's Degree 2 6% cheaper
Physical Education Teaching and Coaching Bachelor's Degree 2 8% cheaper
Christian Studies Bachelor's Degree 1 13% cheaper
Health/Health Care Administration/Management Bachelor's Degree 1 2% cheaper
Pastoral Studies/Counseling Bachelor's Degree 1 4% costlier
Pre-Medicine/Pre-Medical Studies Bachelor's Degree 1 25% cheaper
Fine/Studio Arts, General Bachelor's Degree 1 26% cheaper
Business/Commerce, General Bachelor's Degree 1 15% cheaper
Hospital and Health Care Facilities Administration/Management Bachelor's Degree 1 39% costlier

Calculators

Use the calculators below to formulate a college savings plan for Grand Canyon University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Grand Canyon University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Grand Canyon University student loan.

Prepayment Option

About Grand Canyon University

Grand Canyon University is a four year private college located in Phoenix, Arizona.  Full time enrollment is 14,544 and part time is 61,290.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Grand Canyon University
3300 W Camelback Rd
Phoenix, Arizona
85017

For Profit / Not For Profit Status

Grand Canyon University is a private, for profit school.

Grand Canyon University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=104717 IPEDS survey data.