The average graduation rate of Top Colleges in Arizona is 45.60%. University of Arizona has the highest graduation rate of 68% and American InterContinental University System has the lowest graduation rate of 9%The average transfer-out rate is 14.33% and the average retention rate is 67.00% Table. Top Colleges in Arizona Graduation Rate Comparison RankSchoolGraduation RateTransfer-out RateRetention RateStudents to Faculty Ratio 1University of ArizonaTucson, AZ68%17%83%20 to 1 2Northern Arizona UniversityFlagstaff, AZ61%-75%19 to 1 3Grand Canyon UniversityPhoenix, AZ43%-72%20 to 1 4Arizona State University Campus ImmersionTempe, AZ68%18%87%18 to 1 5DeVry University-ArizonaPhoenix, AZ67%11%-1 to 1 6Prescott CollegePrescott, AZ56%24%74%8 to 1 7University of Phoenix-ArizonaPhoenix, AZ21%-41%147 to 1 8The University of Arizona Global CampusChandler, AZ11%2%35%13 to 1 9American InterContinental University SystemChandler, AZ9%-36%36 to 1 10Arizona State University Digital ImmersionScottsdale, AZ52%14%100%26 to 1-Average45.6000%14.3333%67.0000%30.8000 to 1