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How much does a Ph.D. cost?

By Zippia Team - Nov. 16, 2022

A Ph.D. costs an average of $114,300. The cost of a Ph.D. depends on several different factors, including the type of school you obtain the doctorate degree from, the specific doctorate degree and program, the length of the program, and also the available amount of financial assistance.

It takes between four to eight years to complete a doctoral program on average. There is also grant aid available for those seeking a doctoral degree than those seeking a bachelor's or master's degree.

Because the cost of a P.h.D can vary widely, here are some statistics to reference to help you gain a firmer idea of how much your specific doctoral degree will cost:

  • The cost of a Doctorate in Philosophy from a traditional 8-year Ph.D. program at the University of Florida may be as high as $235,360 in total cost.

  • The cost of a Doctorate in Philosophy from a traditional 8-year Ph.D. program at New York University might be as high as $294,200 in total cost.

  • The University of Southern California: School of Education estimates that their online Doctoral degree in Education would take only 3 years and cost up to $86,298.

  • Thomas University approximates that their online Doctoral degree in Education takes up to two years when full-time, and costs as much as $47,500.

  • The average cost of a Ph.D. from a public university is $92,200.

  • The average cost of a Ph.D. from a private university is $127,100.

  • Institutional grants for a Doctorate in Philosophy average at $10,560 yearly.

  • Institutional grants for an MBA average $3,290 yearly.

  • The average grant aid for a Doctoral degree is around $12,811 yearly.

Obtaining a Ph.D. is often considered the longest educational track to be on. Most Ph.D.s take at least eight years to complete. The average cost of a Ph.D. in the United States is $114,300. Financial assistance in the forms of grants and other aid often affects the costs of obtaining a P.h.D. from a specific university.

How much does a Ph.D. cost?

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