Private 4 Year

Embry-Riddle Aeronautical University-Prescott Tuition & Cost

Prescott, Arizona

 2 Reviews

How much does it cost to attend?

Sticker Price
Costs for Embry Riddle Aeronautical University Prescott
Fee Cost
Books and Supplies$1,400
Other Fees$1,284
Room and Board $11,718
Other Expenses Budget$4,710

Annual Prices

The annual list price to attend Embry Riddle Aeronautical University Prescott on a full time basis for 2018/2019 is $54,536 for all students regardless of their residency. This fee is comprised of $35,424 for tuition, $11,718 room and board, $1,400 for books and supplies and $1,284 for other fees. Out of state tuition for Embry Riddle Aeronautical University Prescott is $35,424, the same as Arizona residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Embry Riddle Aeronautical University Prescott when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Embry Riddle Aeronautical University Prescott
Family Income Net Price Paid
$0 to $30,000$31,082
$30,001 to $48,000$32,661
$48,001 to $75,000$35,323
$75,001 to $110,000$35,342

The average reported annual net price for Embry Riddle Aeronautical University Prescott for students receiving grants or scholarship aid was $36,962 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

97% of full-time undergrad Embry Riddle Aeronautical University Prescott received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $16,064 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 53% of students received Federal Student Loans averaging $5,277 and 23% of undergrads took out private student loans averaging $26,929.

Finanical Aid Embry Riddle Aeronautical University Prescott
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $16,064 97%
Institutional Grants and Scholarships $15,355 93%
Pell Grants $4,631 24%
Other Federal Grants $3,026 4%
State and Local Grants $0 0%
Federal Student Loans $5,277 53%
Other Student Loans $26,929 23%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Embry Riddle Aeronautical University Prescott, we've modeled a ten year student loan with an original principal value of $134,880. The loan balance of $134,880 is a four year multiple of the $33,720 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,287 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $134,880
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,286.90
Total Interest Paid $19,548.48
Sum of All Loan Payments $154,428.48

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $54,536
2 $56,206
3 $57,927
4 $59,702

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Embry Riddle Aeronautical University Prescott to be $218,144 - assuming graduation in normal time. The estimation assumes a 3.1% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Embry Riddle Aeronautical University Prescott
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,476 $4,428 $5,904

Estimated cost for a class at Embry Riddle Aeronautical University Prescott based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Embry Riddle Aeronautical University Prescott versus other colleges.

Tuition Payment Plans Available

Embry Riddle Aeronautical University Prescott Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=104586 IPEDS survey data for Embry Riddle Aeronautical University Prescott.