Introduction
The University of Phoenix is a privately owned institution that has been in existence since it was founded in 1976. Since then, the school has grown to become one of a few esteemed institutions of higher learning in the US. The University of Phoenix offers a variety of degree-awarding programs, which include; bachelor’s, master’s, associate’s, doctoral, etc. Despite being privately owned, and thus, a profit-oriented organization, the University of Phoenix has attractively low fees, compared to most. Let’s know how much does a masters degree cost at University of Phoenix.
The University of Phoenix’s graduate program for the academic session 2021-2022 cost $16,153 for tuition and fees. Although the 2022-2023 session is yet to begin, the tuition and fees cost is estimated at $15,262. Find out more below.
Cost Of Tuition And Fees
The cost of tuition for the 2021-2022 academic year at the University of Phoenix was $16,153. However, this figure only encompasses tuition and fees levy, there are still other fees, such as; books & supplies: which go for $1,360, and then living costs: at $8,750.
The figures given above are for the 2021-2022 academic year, the cost of tuition and fees has been calculated to make a 5.52% dip. An estimate shows that cost of tuition and fees for the graduate programs for the academic year 2022-2023 would be $15,262.
Tuition Guarantee
One convenience the University of Phoenix offers is the Tuition Guarantee feature. This gives you the option to lock away your tuition price at a particular amount. What this simply means is that students are given the choice to lock their tuition fee cost at a particular amount for the remainder of the school year. The effect is that once this feature is activated, a student will no longer be affected by any subsequent fluctuations or changes to the tuition fee. There are no qualification requirements for this option, hence all students are eligible.
About The University Of Phoenix’s Online Master’s Degree Program
Once you complete and obtain a Bachelor’s degree, the next step forward academically, to gain mastery in your specific chosen field of study, is to obtain a Master’s degree. Asides from offering master’s degree awarding programs on-site, the University of Phoenix also offers Master’s degree programs online! The University of Phoenix’s online master’s degree program is career-focused and quite affordable, also, its classes fit with your schedule, making it quite convenient.
The cost of the online master’s degree program per credit is $698. A single course is made up of 3 credits, this multiplied by the cost per credit would sum up to $2,098 as the tuition cost per course. The total program length in credits is 36, divided by 3 (since 3 credits make a course) would give you 12 courses per program, 12(amount of courses) multiplied by $2,098 (tuition cost per course) would give you $25,176 as the full cost of tuition for the online master’s program.
The term “graduate school” pops up a lot because it’s a generic word used to refer to all programs that come after the bachelor’s/undergraduate program, of which master’s is one. In short, a master’s degree program is not different from a graduate school program since it is a type of graduate school program, other programs include doctorate programs.
How Long Does A Master’s Degree Program At The University Of Phoenix Take To Complete?
Usually, a master’s degree program may be completed within 18-24 months. However, the time taken to complete a master’s degree program may vary depending on the program, for example, the University of Phoenix’s MBA program may take up to a year or less to complete, whereas, the MSC degree program may take up to 3years plus. For more information about your specific program of interest, candidates are advised to contact the school or a representative.
The master’s degree program at the University of Phoenix offers an array of degree-awarding programs in the following fields;
- Healthcare
- Education
- Business
- Nursing
- Technology
- Behavioral Science
- Psychology
- Criminal Justice
Conclusion
The master’s degree program at the University of Phoenix offers a lot and is also the next and right step to go if you aim to reach mastery in your field of study. What’s most attractive however is how much does a masters degree cost at University Of Phoenix when compared to other institutions. The tuition guarantee option would also prove convenient to students who may not want to suffer occasional increases in the cost of tuition fees, which are becoming quite regular.
Frequently Asked Questions
- How many credits do I need for a master’s degree program at the University of Phoenix?
Again, the amount of credits needed for a master’s degree program at the University of Phoenix varies. However, depending on your chosen degree, you will need between 33-66 credits.
- What is the difference between Graduate School and a Master’s Degree Program?
A lot of people tend to be confused about the two, even I was. For a while, I wondered why the term “graduate school” popped up a lot when I searched for “master’s” related information on the internet, here’s what I found.