How College Students Are Affording the Cost of Online Education

Do you have the desire to further your education through online course, but find yourself hesitating over small things? You know, all those negative little thoughts that disrupt your dreams with doom and despair-just when you thought it was safe to sleep. A staple of uncontrollable fear arises from mundane matters such as money. There just never seems to be enough of it when you need it for important things like education. Before you roll over and play dead while silently slipping back into dreamland-here’s your wake-up call! Don’t put off the education you deserve any longer! Now is the time to get out on the right side of bed, grab a pen and take careful note. The dream has ended and reality is finally kicking in for your lifelong goals.

If you deeply desire the flexibility of distance learning, but lack the money to do so, this information is just for you. Pay attention, as it is packed with a lot of quality info; you will not want to miss a single point. Let’s start with a real revelation. You have a rich “uncle” just begging to open his bottomless pockets for all your delightful dreams of educational success.

Uncle Sam to the rescue again! Like a good neighbor, he always seems to be there. His presence is widely felt in the online educational arena. He has finally welcomed online students into the family flock with full recognition of online study. In February 2006, Congress extended Federal student financial aid eligibility to academic programs that are entirely online. Under previous law, at least half of a student’s curriculum had to be on-campus to qualify for Uncle Sam’s financial packages.

Grants

As the core component of any financial aid package, Pell Grants are a form of free money from the government and other associations. There are no credit checks or repayment obligations. The best part of all? You can receive up to $5500 per academic year to cover the cost of online colleges. That goes a long way, students.

Scholarships

Like tuition reimbursement and grants, scholarships are not debts. They are outright monetary gifts. Think of any church, social, or affinity organizations you hold membership in. Scholarships are typically based upon criteria such as ethnicity, academic achievement, or community service involvement.

Many scholarships are also need-based. The sole qualifying criteria is need. Documentation of you and your family’s financial resources is often required. Scholarships are also frequently awarded based upon your intended field of study. High-need fields such as education or medicine are especially popular for scholarship awards.