Many students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Compass Career College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Compass Career College offer, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Compass Career College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Compass Career College, 89% of first-year full-time students received aid of some kind roughly 63 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,165 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 87% | $5,568 |
| State/local grants | 21% | $2,216 |
| Federal student loans | 79% | $6,564 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 85% of undergrads got grants or scholarships worth on average $5,069 (across approximately 246 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,069 |
| Federal Pell grants | 82% | $4,495 |
| Federal student loans | 62% | $7,044 |
On-campus students receiving title-IV aid were awarded grants averaging $7,555.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,878 |
| $30,001 – $75,000 | $9,644 |
| Over $75,000 | $17,830 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,610 |
| Off-campus title-IV students | $12,405 |
For a customized cost estimate, visit Compass Career College’s net price calculator: compasscareercollege.net/admission/Net-Price-Calculator.
The middle student in the debt distribution at Compass Career College owes $7,451 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,451 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Compass Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,987 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,583 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,451 |
| Continuing-generation students | $7,790 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,790 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Compass Career College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Compass Career College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1834 |
| Total Stafford loan amount | $17,623,701 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.