Originally published Thursday, October 12, 2017 at 06:03a.m.

In-state Tuition

Per year (in-state)

Embry-Riddle $34,662

Grand Canyon $16,500

Prescott College $29,486

Arizona $12,200

Arizona State $10,522

Northern Arizona $11,059

Yavapai College $2,490

Prescott College has introduced two new scholarship initiatives.

Though both are attractive deals, one significantly breaks down the financial barrier many face when considering attending a nonprofit private liberal arts school such as Prescott College.

It’s called The Changemaker Scholarship, and it guarantees a $15,000 tuition scholarship to every new first time student from Arizona, California, Colorado, New Mexico, Oregon, Utah, Washington or Texas who is admitted to the on-campus undergraduate degree program for the fall 2018 semester.

The scholarship is split between two semesters and can be renewed each year for students who maintain satisfactory academic progress as a full-time student, said Prescott College President John Flicker.

“Many people think that a private small college like Prescott College is financially out of their reach, and we’re very sensitive to the affordability issue that families are facing everywhere,” Flicker said. “We’re trying to address it head-on and let people know that we’re competitive with public institutions in the southwest and they shouldn’t not think about us because of cost.”

Students do not need to apply for the scholarship, he said. It is instead automatically applied for those students who meet the awarding criteria.

Total tuition and fees for new first semester students at Prescott College is currently $15,818. From there, it drops to $14,743 a semester ($29,486 annually). For an in-state student at any of the three major public Arizona universities, tuition is between $10,000 and $13,000 annually.

Much of the decision comes down to an aggressive recovery plan Prescott College began implementing a couple years ago following several years of declining enrollments.

“We hit a low two years ago where our incoming resident class was in the mid-70s,” Flicker said. “Last year it was up to 87 and this year it’s 106, so we’ve had two years of pretty significant incoming resident undergraduate students and we want to continue that rate of growth.”

In addition to The Changemaker Scholarship, Prescott College has introduced The Prescott College Fellowship. The fellowship is a full tuition scholarship available to one newly admitted student for each of its full academic degree programs with an anticipated enrollment in the spring 2018 or fall 2018 semester.

In total, five new fellowships for the spring 2018 term and six new fellowships for the fall 2018 term will be awarded to incoming students from around the country who are pursuing their bachelor’s, master’s, or doctoral degree.

While there is always the possibility of change, both scholarships are likely here to stay, Flicker said.

“We hope to continue this indefinitely, but we’re going to have to evaluate it and see how it works and what the reaction from students is,” he said. “If the reaction is as we hope it will be, we want to continue the program.”