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PHX Reporter

Friday, November 22, 2024

Cost of college went down for all students at the Penrose Academy

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Tuition and fees fell 6.1 percent for 2018-19 at the Penrose Academy, according to recent data from the U.S. Department of Education.

Arizona students paid $16,200 to attend the private for-profit school in both the 2017-18 and 2018-19 academic years.

Data shows 77 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 16 students received grants or scholarships totaling $62,337 and 13 students took out student loans totaling more than $130,504.

Including all undergraduates (256), 162 students used grants or scholarships totaling $768,412, and 213 students took out $1.4 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~225$16,200$16,200$16,200$16,2000%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Penrose Academy in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants1653%$62,337$3,896
State / local grant or scholarship00%$0-
Institutional grants or scholarships00%$0-
Grant or scholarship aid total1653%$62,337$3,896
Federal student loans1343%$130,504$10,039
Other student loans00%$0-
Student loan aid1343%$130,504$10,039
Total student aid2377%--

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