Arizona has 29 private and 5 public 4-year colleges that enroll 39,740 first-year students yearly. The average tuition of public colleges is $25,504 for in-state students and $39,843 for out-of-state and international students.

Private colleges in Arizona charge around $29,812 per year in tuition regardless of residency.

In the 2021-2022 academic year, Arizona provided $1.6 million in financial aid to 632 students who enrolled in 4-year colleges for the first time as undergraduates. In addition, the colleges themselves awarded $285.7 million in grants and scholarships to 28,359 students.

Arizona receives 4% of the total pell grant the federal government allocates. In the 2021-2022 academic year, 12,983 4-year college first-year undergraduates were awarded a total amount of $66.4 million in pell grant ($4,993 per student on average), and 14,847 students received a total amount of $83 million in the form of student loans from the federal government ($5,972 per student on average).