Embry-Riddle in Prescott is Arizona's most expensive university - Phoenix Business Journal

Arizona’s most expensive universities are a relative bargain when compared to the costliest institutions in the nation, with only two schools in the Grand Canyon State cracking the top 500 and one school with the third-lowest cost in the U.S.

Of the six Arizona universities reporting data to the Education Department, those were the only two to fall in the top 500 of the 1,215 schools in the dataset. At the state’s three public schools, the expenses were up 1.4% at UArizona, 0.4% at ASU and 0.3% at NAU from last year. Embry-Riddle’s price rose 3.16% since 2021.

Among the nation's 35 most expensive universities — which you can see in the gallery below — the median increase was 3.1% and cost of attendance increased at all 35 compared to 2021. That pricing momentum has shown no sign of abating in the current academic year, particularly among schools already charging top dollar. A Business Journals review of newly published tuition figures for the current academic year puts Northwestern University, in Evanston, Illinois, as the most expensive school in the nation. The college's"direct" cost of attendance of $82,908, which differs from the DOE's measure, includes tuition, fees, and room and board.

A university spokesperson said 45% of Penn undergraduates receive need-based financial aid, with an average award of $61,047.

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