Financial Options for Your Tuition

We believe tech careers should be accessible to anyone with a dream and passion to pursue them. To that end, we offer three options for paying for your CompTIA Tech tuition.

  1. Grants
  2. Loans
  3. Self-Payment Plans

For a quick summary of our financial options, click on the video below.


Grants

All eligible students to our IT-Ready Technical Support program have qualified for grants to significantly reduce their tuition expenses. We offer two forms of grants. The first is a group of externally funded grants offered through our sponsors. The second form is our own set of CompTIA Grants.

Grants help to subsidize a student’s tuition costs. They are not loans. They do not need to be repaid by the student.

Externally Sponsored Grants

Our external sponsors, which may include federal and non-federal government agencies, as well as industry, foundation and other funders, help to support our students. Qualifications for aid can vary depending on the funding organization’s requirements, but generally, students must be able to demonstrate financial need and/or be part of an underserved population such as women, people of color, or veterans.

The first step is to apply for the program. During your application, you can indicate your interest in financial assistance. Once accepted into the program, you’ll get an email with links to externally sponsored grants, as appropriate, who may be able to provide financial support toward your tuition costs. You’ll also connect with a CompTIA Tech advisor to walk you through available financial assistance options. 

CompTIA Grants

Once externally funded grants from our sponsors are determined, CompTIA Grants then are made available to students who qualify in at least one of the following categories:

  • $1,000: Individuals who have been historically under-represented in the tech industry (Blacks, Latinx, Native Americans and women), as noted by the  U.S. Equal Employment Opportunity Commission
  • $1,000: U.S. military veterans, their spouses or caregivers
  • Partial tuition amount (50%): Annual income above 200% but below 300% of the federal poverty threshold
  • Full tuition amount: Annual income below 200% of the federal poverty threshold

Grants may be stackable—allowing for two or more grants to be combined up to the full tuition amount. Applicants must be a U.S. citizen or eligible non-citizen with authorization to work in the U.S.

How to Figure Out How Much You Might Receive in Grants

  1. Determine how many people are in your household. How many people do you report on your tax return? Does anyone else claim you on their tax return?
  2. Figure out your household’s hourly wage and multiply it by 2080 (the sum of 40 hours a week for 52 weeks) to determine your household’s annual salary.
  3. Compare your household’s annual salary to the U.S. Health & Human Services Department guidelines for federal poverty. You can check out their website directly or use our handy spreadsheet.  
  • If your household makes less than the column in blue on our spreadsheet (200% of the federal poverty rate), you’d qualify for a full-tuition grant.
  • If your household makes more than the blue column, but less than the yellow column on our spreadsheet (300% of the federal poverty rate), then you’d qualify for a grant for 50% of tuition.
  • If your household makes more than the yellow column, you won’t qualify for the financial need grants, but may qualify for the diversity or veteran grants.

Based on the calculations above, you may qualify for multiple grants which can be stacked together to help pay for tuition, as shown in sample scenario B below.

Sample Scenarios for Determining Your Grant Eligibility

Scenario A: You’re a single female Latina living at home in IL without any kids, you file your own tax returns, and no one else claims you (like a parent might) as a dependent on their tax returns. You make $10 an hour in your current job.

Your annual salary would be $20,800 ($10 x 2080). You make less than 200% of the federal poverty rate for a household of 1.

You’d qualify for a full-tuition grant. For the IT-Ready Technical Support program which costs $8,500, your grant would equal $8,500 to cover the full tuition.

Note, that part of your tuition may first be covered by grants from externally funded sources and then by CompTIA Grants for qualifying full or partial tuition.

Scenario B: You’re a married Black female in MN with two kids, and you and your partner file a joint tax return. Your salary and your partner’s salary combine to make $30 an hour in your current jobs.

Your household’s annual salary would be $62,400 ($30 x 2080). You make more than 200% of the federal poverty rate but less than 300% of the federal poverty rate for a household of 4.

You’d qualify for a partial tuition grant of 50%, but because you are also female and Black, you’d qualify for an extra $1000 for each of those demographic factors.

For the IT-Ready Technical Support program, you’d qualify for $4,250 with the partial grant and another $2,000 for the diversity grants, thus giving you $6,250 to apply to your tuition. You’d only pay $2,250 out-of-pocket for tuition.

Note, that part of your tuition may first be covered by grants from externally funded sources and then by CompTIA Grants for qualifying full or partial tuition.

Loans

For students who don’t qualify for full-tuition grants, we offer low-interest-rate CompTIA Loans. We’ve partnered with UNISA, a student loan provider/servicer to offer these institutional student loans.

Students pay nothing and don’t accrue any interest on their loans during their training or grace period. Students have a three-month grace period after their last day of attendance due to either graduation or withdrawal from school before they must start paying back their loans.

Once the grace period ends, the loans have a 2% annual interest rate and the minimum payment amount is $10/month.

For loans under $2500, you have 48 months / 4 years, starting at the end of the grace period, to repay the loan. For loans equal to or above $2500, you have 60 months / 5 years, starting at the end of the grace period, to repay the loans.

Students accepting CompTIA Loans must agree to and abide by all UNISA requirements in servicing the student loan, including the student loan application, approval, self-certification, entrance counseling, promissory note and final disclosure.

Students can get an estimate of their monthly loan payment using the online calculator site, https://www.calculator.net/student-loan-calculator.html.

Sample Scenarios on Loan Repayments

Scenario A: You received a partial grant of $6500 and only need a loan of $2000 to pay for your $8500 tuition.

You enroll in the January 16-week IT-Ready Technical Support class. The class ends on April 30th. Up until then, you’ve paid nothing for your training, certification and career services.

Starting July 30th, your loan payment starts up and you’ll be charged 2% interest on the loan. You’ll have 48 months / 4 years to pay it back.

If you take the full 4 years, you’ll pay $43.39 per month from July 30, 2021 to July 29, 2025.

Scenario B: You didn’t receive any grant money and need a loan of $8500 to pay for your tuition.

You enroll in the January 16-week IT-Ready Technical Support class. The class ends on April 30th. Up until then, you’ve paid nothing for your training, certification and career services.

Starting July 30th, your loan payment starts up and you’ll be charged 2% interest on the loan. You’ll have 60 months / 5 years to pay it back. If you take the full 5 years, you’ll pay $148.99 per month from July 30, 2021 to July 29, 2026. 

Self-Payment Plans

Students who do not receive grants or CompTIA loans receive a tuition invoice 30 days before their course begins. 100% of your tuition payment is due 14 days before your course begins unless you have a CompTIA Tech payment plan.

With the payment plan, you can make payments in two installments: 50% due no later than 14 days before your course begins, and the remaining 50% due one month after the first payment is made. There is no service fee charged for the payment plan.

If you are late paying your tuition, a late fee of 1.5% of the amount owed will be assessed on the day after your second payment is due. If you still have not made your payment two weeks after that second payment is due, you will not be able to return to class or to log into the student management system.

For North Carolina Residents Only: If total tuition is greater than $5,000, CompTIA Tech may collect up to 50% of the total tuition prior to that mid-point of the program. The remainder of the tuition may be collected only when the student has completed one-half of the program. Federal regulations regarding the disbursement of tuition shall supersede North Carolina state disbursement regulations stated in this rule. The total cost the student is to pay is divided into two payments based on this North Carolina rule. The first payment is due when the student starts the program and the second payment is due at the start of the fifth week.

Tuition Refunds

Tuition payments are refundable on a sliding scale based on how far along you are in the class, the reasons for your withdrawal, and your campus location (different states have different rules). For more details, see our Financial Aid staff.

Financial Assistance FAQs

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