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Aspen University is a private, for-profit institution located in Denver, Colorado. Established in the 1960s as the International Academy, it now offers online associate, bachelor’s, master’s, and doctoral degrees, as well as online certificates. Options are promoted as being budget-friendly and easy to schedule.
The university is dedicated to offering motived students the opportunity to receive high-quality, well-priced, distance-learning education. It strives to help graduates achieve sustainable economic and social benefits for themselves and their families. This is done by transitioning learners to higher levels of productive citizenship by enhancing valuable knowledge and skills. Aspen University also seeks to offer these opportunities at low enough rates that most students do not incur debt in the process.
Overview of Aspen University
Accreditation is retained with the Distance Education Accrediting Commission (DEAC) and the institution is approved to participate in the National Council for State Authorization Reciprocity Agreements (NC-SARA). Several programs maintain additional accreditation as well. The undergraduate and graduate degree programs in nursing are accredited by the Commission on Collegiate Nursing Education (CCNE). Bachelor and master’s degrees in psychology and addiction counseling are approved by the National Association of Alcoholism and Drug Abuse Counselors (NAADAC).
|School Type||Private for-profit|
|Campus Setting||City: Large|
|Student Faculty Ratio||20:1|
|High School GPA||NA|
|High School Rank||NA|
|High School Transcripts||NA|
|College Prep Courses||NA|
|TOEFL (Test of English as a Foreign Language)||NA|
|Common Application Accepted||NA|
Tuition Cost & Financial Aid
The cost of earning a degree or certificate from Aspen University will depend on the type of program selected. Tuition for an associate degree is $9,000, while most bachelor’s degree programs cost $18,000. Master’s degree options range in price from $11,700 to $18,500 and the majority of doctoral degrees cost $27,000. Certificate programs are much less, with one priced at $2,900 and the other at $4,900. Additional academic fees may be anywhere from $800 to $2,900. Because this is an online institution, there is no difference in price for in-state and out-of-state students.
It’s important to note, however, that the prices listed above do not include the cost of books, education supplies, technology expenses, housing, and food while enrolled. As a distance-learning institution, students must account for all of these aspects themselves.
Aspen University is approved by the United States Department of Education to offer federal student aid to students who apply for it. The institution also offers a monthly payment plan, which is a private education loan with a 0% fixed rate interest and no down payment.
|Average net price||2017-2018|
|Average Total Aid||$2,635|
|Students Receiving Financial Aid||100%|
|Room & Board||$10,488|
- Tuition In-State - $3,920
- Tuition Out-of-State - $3,920
- Books and Supplies - $1,300
- Room & Board - $10,488
- Other - $1,248
Aspen University offers a variety of academic opportunities at multiple levels, from associate degrees and certificates to masters and doctoral degrees. There are four schools: Business & Technology, Education, Nursing & Health Sciences, and Arts & Sciences.
The total undergraduate and graduate population is right around 6,900, with the majority of students attending classes part-time. In fact, only 18% of those enrolled at the university take classes full-time. There are just over 300 faculty members with an average of 25 years in the field. The resulting student-to-faculty ratio is 10:1, which is very low and means students will have many opportunities for one-on-one interactions with instructors.
The retention rate for first-time students pursing bachelor’s degrees was 80% for full-time students and 75% for part-time students in a recent academic year. Knowing a university’s retention rate is important because it provides some insight into overall student satisfaction. These statistics show that the majority of those enrolled chose to continue pursuing classes the next year.
In addition to the retention rate, prospective students should also take into consideration a university’s graduation rate. This tracks student progress at the institution and shows the percentage of individuals who graduate with degrees or certificates.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|Health Professions and Related Programs||664 Total Graduates / 87%|
|Public Health/Community Nurse/Nursing||661 Graduates|
|Medical Office Management/Administration||3 Graduates|
|All Education Majors||39 Total Graduates / 5%|
|Early Childhood Education and Teaching||39 Graduates|
|All Business Majors||27 Total Graduates / 4%|
|Business Administration and Management, General||27 Graduates|
|Homeland Security, Law Enforcement, Firefighting and Related Protective Services||17 Total Graduates / 2%|
|Criminal Justice/Police Science||17 Graduates|
|All Psychology Majors||15 Total Graduates / 2%|
|Counseling Psychology||15 Graduates|
|All Other Diplomas||1|
Outcome & Salary
There is very little data available concerning specific Aspen University graduate outcomes for students earning associate, undergraduate, graduate, and doctoral degrees. The institution has graduated over 10,000 students since its founding.
The university does provide a list of projected personal and professional outcomes for graduates.
- Ethical Professionalism
- Effective Communication for Creating Change
- Active Leadership
- Critical Thinking and Analytical Reasoning
- Technological Literacy
|College Grads Early Career Salary||NA|
|College Grads Average Salary||$86,000|
|College Grads Mid Career Salary||NA|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$860,000|
|20 Year Salary Earnings Potential||NA|
|Cost of Education (Net Price) 4 Year||$57,968|
|10 Year Projected ROI||$802,032|
|20 Year Projected ROI||NA|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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