College for America at Southern New Hampshire University has a low-cost, term-based financial model for students—meaning students are billed a flat rate regardless of the number of competencies they attempt or complete. The cost of attendance is pro-rated by term, the maximum annual total is $5,000. The low price point enables employers to develop or offer tuition assistance or reimbursement programs that are cost-effective for the employer, reducing reliance on student loans. Approximately 75% of College for America students fund their education without using Federal Student Aid. However, students are also able to access traditional federal aid funds as needed including Pell Grant, Supplemental Educational Opportunity Grant, Federal Work Study, and Direct Loans. Students are able to complete competencies at their own pace within existing financial aid rules in a term-based structure. A recent survey of enrolled students found that 68% anticipate taking on no debt to complete their program, and 12% expect to accumulate between $1 and $2499 in debt to complete their program.