by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Phoenix College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Phoenix College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Phoenix College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Phoenix College, 73% of first-year full-time students received aid of some kind approximately 472 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,796 |
| Institutional grants & scholarships | 34% | $1,605 |
| Federal Pell grants | 56% | $6,037 |
| State/local grants | 5% | $500 |
| Federal student loans | 8% | $3,588 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Phoenix College, around 50% of undergraduate students received gift aid averaging $3,128 (for some 5242 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $3,128 |
| Federal Pell grants | 27% | $4,427 |
| Federal student loans | 8% | $4,145 |
Title-IV recipients living on campus saw average grant aid of $6,539.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,153 |
| $30,001 – $75,000 | $12,129 |
| Over $75,000 | $16,223 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,055 |
| Off-campus title-IV students | $11,728 |
For an estimate tailored to your family circumstances, see Phoenix College’s net price calculator: www.phoenixcollege.edu/paying-college/tuition-and-fees/net-price-calculators.
The median federal debt load at Phoenix College comes to $5,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,250 |
| Median federal debt (graduates only) | $6,750 |
| Typical 10-year monthly payment (graduates) | $71.56/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Phoenix College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,245 |
| 75th percentile | $14,339 |
| 90th percentile (highest-debt students) | $26,064 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,250 |
| Middle income | $4,500 |
| High income | $5,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,118 |
| Continuing-generation students | $5,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $5,550 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Phoenix College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Phoenix College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 24445 |
| Total Stafford loan amount | $280,176,233 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 172 |
| Total GI Bill amount | $240,042 |
| Average GI Bill amount per recipient | $1,396 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 12 |
| Total DoD amount | $8,912 |
| Average DoD amount per recipient | $743 |
References
More about our data sources and methodologies.