Grand Canyon University freezing tuition on Phoenix campus for 14th straight year
PHOENIX — Grand Canyon University announced on Tuesday it had extended its streak of freezing tuition on its Phoenix campus for a 14th consecutive year.
The private Christian school’s 2022-23 tuition will stay at $16,500 before scholarship money is awarded, GCU said in a press release.
“By ensuring that private Christian education is affordable, we have created an environment where there is equality of opportunity for everyone,” GCU President Brian Mueller said in the release.
The university expects the average tuition cost for the next academic year to be around $8,700 since more than 90% of GCU students bring in scholarships.
GCU students received more than $170 million in scholarships in 2021, according to the release.
Since the tuition freeze began in 2008, GCU has invested $1.6 billion into academic programs and other student amenities, including laboratories, research spaces and residence halls.
Campus enrollment is around 23,500. Mueller said in the release the goal is to grow the campus to about 40,000 students.
GCU plans to invest $400 million over the next four years to make the growth a reality, according to Mueller.
“We feel very blessed that we have been able to use our cash reserves to continue to build out the university without passing those costs on to students through increases in tuition,” Mueller said in the release.