$3,356

Avg. Federal Grant

$5,067

Avg. Federal Loan

$965,155

Total Aid Awarded

Compass Career College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$965.155K

Financial Aid Official Website

compasscareercollege.net/admission/Financial-Aid

It is interesting to note that, every year, around 86% of students at CCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,368,239. The total percentage of candidates applying to Compass Career College who receive the Federal Grant is 79%. Meanwhile, 79% of the applicants receive the Student Grant, while 79% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,357. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 70% of the applicants to Compass Career College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

72%

State Grant Aid

7%

Institution Grant Aid

N/A

Pell Grant

72%

Average Aid Awarded

Federal Grant Aid

$3,356

State Grant Aid

$2,195

Institution Grant Aid

N/A

Pell Grant

$3,338

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,524

$30,001 - $48,000

$2,826

$48,001 - $75,000

$4,670

$75,001 - $110,000

$793

Over $110,000

$1,001

Student Loans for Compass Career College

Average Loan Amount Average Loan Amount received per year.

$5,067/Year

Students Taking Out Loans

62%

Loan Default Rate

16.4%

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