The Southwest Institute of Healing Arts did not increase tuition fees for the 2022-23 school year, as indicated in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit college paid $13,825 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately 90% of the undergraduate students at the institution are residents of Arizona, while around 10% come from other states.
Data reveals that 68% of full-time undergraduates who began studies at the Southwest Institute of Healing Arts in 2022-23 received some form of financial aid. In total, 130 students were awarded grants or scholarships amounting to $500,504, and 162 students obtained student loans exceeding $967,910.
Across the entire undergraduate body, 513 students benefited from grants or scholarships totaling $1.9 million, while 659 students borrowed $3.7 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the Southwest Institute of Healing Arts in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 130 | 52% | $477,528 | $3,673 |
| State / local grant or scholarship | 0 | 1% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 130 | 52% | $500,504 | $3,850 |
| Federal student loans | 162 | 65% | $967,910 | $5,975 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 162 | 65% | $967,910 | $5,975 |
| Total student aid | 170 | 68% | $1.5 million | $8,637 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
