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Monday, March 1, 2010

Online Degrees

What Online Colleges Offer Financial Aid?

If you're thinking about or planning to take online classes in order to get your degree - whether it's a bachelor's degree, master's degree, MBA or doctorate, or just a certificate in a particular field of interest, there is money easily available if you qualify. Most if not all online colleges offer financial aid.
And all fields have online classes including, business, education, nursing, psychology, criminal justice, accounting, interior design, law, teaching, engineering, paralegal, computer science, social science, history, marketing, biology and much more.
Many people are taking advantage of federal money in order to take online classes whether it's affiliated through an on-campus college, university or school or an online school or college. They're now becoming more and more popular and accepted as people find out they can actually attend college online and get an online degree at their own pace part-time or full-time and complete their degrees in the time frame that's best for them.
Federal financial aid is actually easy to get. The aid comes in the form of not just loans or education loans but also in grants as well. When you apply for federal aid you will be awarded either a grant or loan or both. Loans are usually called Stafford loans.
There is another loan available through the federal government but tied into the school you plan to attend called the Perkins loan. You would apply for the Perkins loan after your approval and award from the federal government - it's a little bit complicated. The Perkins loan has lower interest.
The easiest way to learn more about whether you can get financial aid for the online college or on-campus college with online classes you want would be to contact the college, university or school and find out if they're accredited (all the well-known established brick and mortar schools are) and if they're affiliated with financial aid programs either through the government or otherwise.

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Many of the online schools have their own payment plans as well without getting federal financial aid. But you want to check these schools out thoroughly and make sure they're accredited through the U. S. Department of Education and that's easy to check.
Many people are able to get scholarships not only through federal aid programs but through a lot of charitable organizations too. Online classes, programs and courses are much more accepted today by employers; in fact many of them pay their employees to take online classes. If you're currently employed, check out whether your employer will pay part or all of your tuition or cost of classes, courses, etc. They may be willing to do that if your coursework is job-related.
In any event if you need money to take the best online classes, think - if there's a will there's a way and sometimes you can go free with scholarships or grants. Get all the facts before you sign up and make sure your credits will transfer in to other schools for future.




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