by our College Data Analytics TeamA lot of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Arizona College of Nursing-Phoenix can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Arizona College of Nursing-Phoenix offer you, and what will you qualify for? Read on for more information. Scroll down to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Arizona College of Nursing-Phoenix.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Arizona College of Nursing-Phoenix, 96% of entering full-time freshmen got some type of financial assistance around 27 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,673 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $6,500 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $9,343 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Arizona College of Nursing-Phoenix, approximately 61% of the undergraduate population received grant aid that averaged $6,981 (for some 625 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $6,981 |
| Federal Pell grants | 60% | $6,429 |
| Federal student loans | 81% | $12,024 |
For students living on campus and receiving title-IV aid, grants averaged $5,437.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $33,354 |
| $30,001 – $75,000 | $33,258 |
| Over $75,000 | $38,789 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $36,660 |
| Off-campus title-IV students | $34,155 |
To get a personalized net price estimate, try Arizona College of Nursing-Phoenix’s official net price calculator: www.arizonacollege.edu/admissions/financial-aid/net-price-calculator/.
Graduating students at Arizona College of Nursing-Phoenix carry a median federal student debt of $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Arizona College of Nursing-Phoenix.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $10,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,803 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,972 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Arizona College of Nursing-Phoenix.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Arizona College of Nursing-Phoenix:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15044 |
| Total Stafford loan amount | $188,127,167 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 62 |
| Total GI Bill amount | $1,393,964 |
| Average GI Bill amount per recipient | $22,483 |
References
More about our data sources and methodologies.