Grand Canyon University Tuition and Fees

Grand Canyon University Tuition and Fees

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    By Kelly Boyer Sagert

    (Last Updated – 04/2023)

    Total Cost of Attendance

    Grand Canyon University is a private for-profit university known for its commitment to Christian values and its online degree programs, which are taken by almost 60,000 students globally.

    Grand Canyon University tuition in 2022-23 was $17,800, which is lower than the national average for tuition at a private institution of $39,400 per year.

    Costs for 2022-2023

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $17,800

    $17,800

    Books & Supplies

    $800

    $800

    Room & Board

    $7,800

    $7,800

    Other Expenses

    $5,700

    $5,700

    Total Cost of Attendance

    $32,100

    $32,100

    Financial Aid

    At Grand Canyon University (GCU), all students received some form of financial aid, including scholarships, grants, and/or loans, to help with Grand Canyon University tuition and costs. GCU is need-blind, which means your ability to pay for your schooling will not be considered in the application process.

    Explore financial aid options: Arizona Student Loan & Scholarships.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  Scholarship Search Tool

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    At GCU, 60% of students take out federal student loans and 8% take out private student loans. The average private student loan is $12,937.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The Grand Canyon University cost for four years, based on 2022-23 numbers, would be $128,400. This is substantially less than the average of $230,280 for a private university in the U.S.

    Here’s some Student Loan & Scholarship Information for you.

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    Undergraduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $17,800

    $17,800

    Room & Board

    $7,800

    $7,800

    Total Cost of Attendance

    $25,600

    $25,600


    Combining the GCU tuition and fees of $17,800, and the room and board costs of $7,800, the total Grand Canyon University cost of attendance for undergraduate studies in 2022-23 is $25,600.

    Graduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition

    $10,655

    $10,655

    Fees

    $983

    $983

    Total Cost of Attendance

    $11,638

    $11,638


    GCU tuition for graduate school, plus fees, is $11,638. This is far below the national average of $62,100 at a private university in the U.S.

    There are many options for graduate loans that can help with these costs.

    Cost per Credit Hour

    The cost per credit for 1-11 credit hours at GCU is $687.50.

    Campus Housing Expenses

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Books & Supplies

    $800

    $800

    Room & Board

    $7,800

    $1,158/mo*

    Other Expenses

    $5,700

    $5,700

    *Based on one-bedroom pricing. Average rate based on available apartments on Grand Canyon University’s off-campus housing website in 2023.

    Students who live on campus can opt for one of several residence halls or apartment complexes. There are no coed residence options. The campus is dry, meaning alcohol is strictly forbidden, and there is no Greek life at GCU. For students who prefer to live off campus, there are housing options within walking distance.

    Grand Canyon University Acceptance Rate

    Fall 2021

    Number of Applications

    Number Accepted

    Percentage Accepted

    36,861

    30,594

    83%

    Admission Requirements

    Here’s what you need to apply to GCU.

    Required:

    •  High school transcript

    •   GPA

    Recommended:

    •  SAT or ACT scores (these scores are not required for students whose unweighted high school GPA is 3.0 or higher)

    There are no deadlines to apply for GCU, either for its online or on-campus programs.

    SAT and ACT Scores

    Standardized test scores are required only for those with a GPA under 3.0. The school does not report average test scores.

    Graduation Rate

    These are the graduation rates at Grand Canyon University.

    •  4 years: 37%

    •  6 years: 45%

    •  8 years: 43%

    Post-Graduation Median Earnings

    Upon completing their undergraduate degrees, GCU alumni earn, on average, $39,783 per year. This is slightly lower than the national average of $47,922 for graduates of four-year programs.

    Bottom Line

    If you’re looking for a university with strong Christian values and a wide range of programs to choose from, you may want to consider Grand Canyon University. The school is need-blind and the acceptance rate is high, which means that even if you don’t have the money to pay for college, you still may be accepted. Plus, the school offers financial aid to all students.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

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    Photo credit: iStock/Rebecca Todd

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