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University of Phoenix-Metro Detroit Campus Tuition & Cost

Troy, Michigan

How much does it cost to attend?

Sticker Price
$18,630
Costs for University of Phoenix Metro Detroit Campus
Fee Cost
Tuition$11,640
Books and Supplies$0
Other Fees$760
Estimated Off Campus Cost of Living $6,230
Other Expenses Budget$0

Annual Prices

The annual list price to attend University of Phoenix Metro Detroit Campus on a full time basis for 2018/2019 is $18,630 for all students regardless of their residency. This fee is comprised of $11,640 for tuition, $6,230 room and board, $0 for books and supplies and $760 for other fees. Out of state tuition for University of Phoenix Metro Detroit Campus is $11,640, the same as Michigan residents.

All price data is sourced from the 2018/2019 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 University of Phoenix Metro Detroit Campus when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$20,112
Net Price by Income University of Phoenix Metro Detroit Campus
Family Income Net Price Paid
$0 to $30,000$19,932
$30,001 to $48,000$21,546
$48,001 to $75,000n/a
$75,001 to $110,000$23,493
$110,000+n/a

The average reported annual net price for University of Phoenix Metro Detroit Campus for students receiving grants or scholarship aid was $20,112 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

Finanical Aid University of Phoenix Metro Detroit Campus
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,286 96%
Pell Grant $5,070 87%
Federal Student Loan $9,070 93%

The average reported annual net price for University of Phoenix Metro Detroit Campus for students receiving grants or scholarship aid was $20,112 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Phoenix Metro Detroit Campus, we've modeled a ten year student loan with an original principal value of $91,440. The loan balance of $91,440 is a four year multiple of the $22,860 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 $949 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 4.529%.

Example Loan $91,440
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $948.95
Total Interest Paid $22,433.81
Sum of All Loan Payments $113,873.81

Projected 4 Year Degree Price

4 Year Sticker Price
$74,520
Year All Residents
1 $18,630
2 $19,934
3 $21,329
4 $22,823

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Phoenix Metro Detroit Campus to be $74,520 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Tuition Payment Plans Available

University of Phoenix Metro Detroit Campus Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=421018 IPEDS survey data for University of Phoenix Metro Detroit Campus.