Arizona State University's published cost of attendance reaches $28,047 per year—that's $32,193 in out-of-state tuition (or $12,051 for Arizona residents), $16,091 for room and board, and $1,320 for books and supplies. However, the average student pays just $13,670 after financial aid, representing savings of $14,377 from the published price.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $28,047 |
| Tuition and Fees | $32,193 |
| Room and Board | $16,091 |
| Books and Supplies | $1,320 |
| Average Financial Aid (Grants and Scholarships) | -$14,377 |
| Average Net Price (What Families Pay) | $13,670 |
| Family Income | Net Price |
|---|---|
| $0–30k | $8,909 |
| $30–48k | $10,562 |
| $48–75k | $15,764 |
| $75–110k | $19,651 |
| $110k+ | $21,772 |
Arizona State University's published cost of attendance reaches $28,047 per year—that's $32,193 in out-of-state tuition (or $12,051 for Arizona residents), $16,091 for room and board, and $1,320 for books and supplies. However, the average student pays just $13,670 after financial aid, representing savings of $14,377 from the published price. This net price places Arizona State University $1,920 above the peer median of $15,590, indicating costs slightly higher than typical institutions in its category.
The financial aid system at Arizona State University demonstrates significant support for students across income levels, with particularly generous assistance for lower-income families. Net prices vary substantially by family income, ranging from $8,909 for families earning under $30,000 to $21,772 for families earning over $110,000. This progressive pricing structure reflects targeted financial aid that makes education more affordable for families with the greatest financial need.
How much students borrow and whether debt is manageable given outcomes.
Debt is well below typical first-year earnings — generally considered very manageable.
Arizona State University graduates carry a median debt of $19,500, which falls just $500 below the peer median of $20,000. Debt levels range from $6,025 at the 25th percentile to $25,000 at the 75th percentile, indicating variation in borrowing patterns across students.
The debt-to-earnings ratio of 0.31 means that typical debt represents 31% of first-year post-graduation earnings, indicating manageable repayment burden. Arizona State University's debt outcomes rank in the 72nd percentile nationally, reflecting above-average performance in controlling student borrowing.
Parent PLUS borrowing reaches a median of $20,092 with monthly payments of $265, representing additional family debt beyond student borrowing. The combination of controlled student debt and strong earnings outcomes creates favorable conditions for loan repayment.
How cost compares to graduate earnings and value added.
Arizona State University generates strong return on educational investment through the combination of controlled debt and above-average earnings outcomes. Graduates earn $14,252 beyond expectations relative to similar students, ranking at the 90.4th percentile nationally for value-added performance.
With median earnings of $62,668 and debt of $19,500, the debt-to-earnings ratio of 0.31 indicates sustainable financial outcomes for most graduates. Arizona State University earnings exceed peer institutions by $2,125 annually, while debt remains $500 below peer medians.
This combination of higher earnings and controlled debt creates favorable return on investment conditions. The university's 83.7th percentile ranking for return performance reflects this positive relationship between educational costs and post-graduation outcomes.
Arizona State University enrolls 29.7% Pell-eligible students, indicating substantial representation of lower-income families who qualify for federal need-based aid. The $14,377 average financial aid savings demonstrates significant institutional and federal support that reduces published costs for most students.
The progressive net pricing structure, with lowest-income families paying just $8,909 compared to highest-income families at $21,772, indicates targeted aid delivery that prioritizes financial need. Arizona State University's financial aid approach balances accessibility with revenue needs, providing substantial support while maintaining institutional sustainability.
The university's ability to serve nearly 30% Pell-eligible students while maintaining strong outcomes suggests effective financial aid policies that support student success across economic backgrounds. Students from lower-income families benefit from particularly generous aid packages, while middle-income families also receive meaningful support that reduces college costs below published prices.
