COLLECTIV Academy-Cranston
For-profit College in Cranston, RI.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. Retention is strong at 88%, and first-year attrition is where most degrees are lost. The student-faculty ratio is 20:1 — typical, which in practice means large lectures early and smaller classes in the major. Being a for-profit short-program school is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 170 degree- or certificate-seeking undergraduates
Average net price after grant aid is $17,411 a year — mid-range for a four-year institution. Income makes less difference than usual: $19,918 at $0–30k, $22,220 at $110k+. Grant aid is limited — 43% of students receive any. Most students borrow — 59% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 51 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $19,918 |
| $30–48k | $24,940 |
| $48–75k | $17,658 |
| $75–110k | $21,597 |
| $110k+ | $22,220 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 100 of these 170 students, totalling $642,116 — an average of $6,421 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Providence County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Probation or Equivalent or More Severe Status: Monitoring (Other - Provide unlisted or multiple justifications); School has an accreditation issue
VA GI Bill Comparison Tool (Veterans Affairs GIDS)