Arizona State University Tuition and Fees

By Kelly Boyer Sagert

(Last Updated – 06/2023)

Arizona State University has the top-rated Master of Global Management degree program in the world, and that’s far from its only accolade. It also has top-ranked undergraduate programs. Plus, ASU was one of the first universities globally to achieve net zero emissions.

Total Cost of Attendance

ASU in-state tuition is $12,698 for the 2022-23 school year, which is slightly higher than the national average of $10,940 for in-state tuition at a public university. ASU out-of-state tuition is $30,592.

Costs for 2022-2023

Financial Aid

The majority of the students who are accepted (84%) receive some form of financial aid to help with the Arizona State University cost, which may include scholarships, grants, and/or student loans.

ASU provides both academic and need-based scholarships for Arizona residents in an effort to make college education more affordable.

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

While most ASU students who take out student loans (28%) take out federal loans to help cover the Arizona State University cost, there are also students who rely on private student loans (4%). On average, ASU students take out $20,834 in private student loans per year.

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 total cost for four years of ASU tuition, room and board, and books and supplies for in-state students is $114,944, based on the 2022-23 school year. This is higher than the national average of $102,828.

For out-of-state students, that number is $186,520, which is also slightly higher than the national average of $176,056 for four years.

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

Undergraduate Tuition and Fees

Costs for 2022-23

ASU in-state tuition and fees, combined with room and board costs for the 2022-23 academic year, totaled $24,416. Compared to the average annual cost for the same at a public university of $23,250, this is higher.

For ASU out-of-state tuition and fees and room and board, that total was $45,310. The average cost for out-of-state tuition, fees, and room and board totaled $40,550.

Graduate Tuition and Fees

Costs for 2022-23

ASU tuition and fees per year for graduate school was $12,913 for Arizona residents and $25,398 for out-of-state students for the 2022-23 school year. The average cost of graduate school at a public university is $29,150, so ASU offers good value for grad school students.

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

Cost per Credit Hour

While the ASU tuition costs we’ve covered so far are for full-time students, you also have the option of attending ASU’s online program part-time. In that case, you’ll pay per credit hour. For the 2022-23 school year, the cost per credit hour at ASU was $561-$1,343.

Campus Housing Expenses

Costs for 2022-23

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

ASU offers residential college communities so you can live among other students who share your major. Freshmen are required to live on campus. For upperclassmen, there are 10 upper-division housing options. Additionally, upperclassmen can opt to live off campus .

Arizona State University (ASU) Acceptance Rate

Fall 2021

Admission Requirements

ASU has certain requirements for applicants. Some of these are mandatory, while others are recommended.

Required:

•  High school transcript

•  Top 25% in high school graduating class

•  3.00 GPA

Recommended:

•  SAT or ACT scores

The deadline for Priority Admission at ASU is November 1. The Regular Admission deadline is January 15.

SAT and ACT Scores

Arizona State University does not require test scores to be submitted with applications, though students can submit them for course placement or as supplemental information. Here are the average scores for the 25th and 75th percentile.

Popular Majors at Arizona State University

When it comes to degree programs, ASU has a lot to offer. In fact, there are 800 programs available to choose from. Here are some of the most popular programs.

1. Business

By far, the most popular degree program at ASU is business. Undergraduate students have the opportunity to dive into different aspects of business, from data analytics to entrepreneurship. If they choose, they can go on to study in the Master of Global Management degree program.

Undergraduate degrees in 2020-21: 3,122

2. Engineering

ASU offers both Bachelor’s and Master’s degrees in engineering, including aerospace, biomedical, chemical, civil, computer systems, and electrical engineering.

Undergraduate degrees in 2020-21: 1,466

3. Biology

ASU offers a Bachelor of Science degree in Biology, with a concentration in environmental science. Upon graduation, students may opt for careers in environmental policy, as well as management or leadership positions in federal and state agencies, local municipality planning offices, private consulting firms, or nongovernmental and nonprofit organizations.

Undergraduate degrees in 2020-21: 1,248

4. Health Professions

There are many programs under the Health department at ASU, including Applied Science, the Business of Healthcare, Global Health, Health Care Administration and Policy, Integrative Health, and more.

Undergraduate degrees in 2020-21: 868

5. Social Sciences

Students interested in Social Sciences can pursue degrees in Anthropology, African and African American Studies, Integrative Social Sciences, Religious Studies, and more.

Undergraduate degrees in 2020-21: 859

6. Psychology

Not only do psychology students get the opportunity to learn critical thinking, reasoning, quantitative research, and scientific writing in their coursework, but they also have the opportunity to work in research labs.

Undergraduate degrees in 2020-21: 825

7. Communication

ASU offers Bachelor’s degrees in Communication with an emphasis on Journalism, Nutrition, Technical Communication, and more.

Undergraduate degrees in 2020-21: 779

8. Computer Science

Computer Science students have the opportunity to study Cybersecurity, Applied Computing, Biomedical Informatics, Applied Mathematics, and more.

Undergraduate degrees in 2020-21: 770

9. Visual & Performing Arts

Creative types may choose to major in Art (including Ceramics, Art Studies, Art History, Printmaking, Sculpture, and more), or in Performing Arts (including Jazz, Music Theater, Voice, Performance and Movement, and more).

Undergraduate degrees in 2020-21: 642

10. Education

Education majors can focus on Early Childhood, Special Education, Multilingual Learners, STEM, Secondary Education, and more.

Undergraduate degrees in 2020-21: 612

Graduation Rate

Graduation rates are as follows:

•  4 years: 50%

•  6 years: 66%

•  8 years: 68%

Post-Graduation Median Earnings

After graduating from ASU with a Bachelor’s degree, students earn on average $55,749 per year. This is higher than the average for four-year institutions of $47,922.