After a one-time application fee of $110, the University of Phoenix works as any other institution, charging students by the credit hour. Currently, prices are $460/$570/$645 for undergraduate, graduate, and doctoral credit hours, respectively.
There are other incidental charges, such as late-payment and graduation-audit fees, and you should ask for a detailed breakdown before enrolling.
Low-cost financing and financial aid is available and you can consult an admissions counselor about eligibility. Payments are broken down as per course rather than per semester, which makes them more affordable and easier to budget for.
Some Statistics
According to an article published in The Chronicle of Higher Education, the average Phoenix student is 34 years old and female. The average tuition is just under $30,750 for an undergraduate degree. Sixty six percent of enrolled students earn the degree they signed up for. Fifty percent of students receive some kind of grant or financial aid.
Completion Time
A degree can be completed in as little as two years, but students can take up to five. If credits are transferred into the program at the time of enrolling, time can be considerably reduced. Other way of earning credits is through the College Level Examination Program (CLEP).
Faculty
All instructors hold a minimum of a master’s degree and are successful professionals in their fields. The faculty includes hundreds of CEOs, business owners, executives, and experts in all related disciplines.
Is online learning really effective?
Independent study requires discipline and creativity, plus the ability to communicate efficiently. Beyond that, high-quality online universities do not differ much from traditional ones and offer the benefit of flexibility, fundamental to today’s busy professionals.