Financial Aid

Compass Career College is a member of the National Association of Student Financial Aid Administrators. As such, staff members in the Office of Financial Aid are bound to act in compliance with the vision outlined in the Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals. The institution has also created a     Title IV Code of Conduct for Institutional Financial Aid Professionals to ensure that anyone involved in the student financial aid process abides by a set of professional standards.

Financial Aid is available to those who qualify.  Students interested in financial assistance should apply online using the Department of Education’s Free Application for Federal Student Aid (Federal Student Aid). Eligibility requirements for Federal Programs consist of U.S. Citizenship or permanent residency, enrollment or accepted enrollment in the college, and satisfactory progress in one's course of study.  Students must maintain satisfactory academic progress (SAP) as defined in the College’s SAP policy to remain eligible to receive federal financial aid.  Please refer to the Consumer Information tab for full policy description and any additional Financial Assistance Policy information.

Find out more about what Federal and State Financial Aid is available for the 2023-2024 school year by downloading this

FINANCIAL ASSISTANCE INFORMATION NOTICE

Programs Available

Compass Career College participates in various financial assistance programs. Some of these programs are:

  1. Federal Student Aid (Pell Grant and Student Loan)
  2. TOPS Technical
  3. Louisiana MJ Foster Promise Program
  4. Louisiana National Guard programs
  5. Department of Veteran's Affairs
  6. Vocational Rehabilitation
  7. Louisiana Workforce Investment Opportunity Act
  8. Chafee Educational Training Voucher
  9. Motivational Education and Training
  10. Louisiana START

Entrance and Exit Counseling

If the student is eligible to receive Title IV funding, they must complete Entrance counseling prior to the release of any funds. Exit counseling must be completed prior to exit, whether by program completion or withdrawal.  Counseling may be completed online via the StudentAID.gov website. Students must also complete Exit counseling prior to release of graduation documents.

Payment Period

A payment period is defined as an increment equal to half of the academic year (900 hours) in clock hours. For programs less than an academic year, total clock hours will be divided into two equal parts, which then becomes that programs payment periods in clock hours. For programs greater than an academic year, the first 900 hours are divided into two equal parts and the remaining clock hours will be divided into two equal parts, together that becomes the programs payment periods in clock hours.

Financial aid available to those who qualify. Speak with our financial aid representative for more information!

Compass Career College recognizes the student's right to seek private funding through a lender of their choice. Self-certification forms are available in the financial aid office.

Useful Links

©2024 Compass Career College | Website by 5 Stones Media