Online Colleges with the Most Generous Financial Aid in 2025
Key Takeaways
- The cost of college is soaring, but there are a number of online colleges that offer financial aid to offset the high costs of higher education.
- Students who couldn’t otherwise afford attending college can do so by attending an online college that offers financial aid.
- Repayment for many sources of financial aid can be deferred until after graduation, and even better, some sources of financial aid do not require repayment at all.
Online Colleges with Generous Financial Aid in 2025
2025 Ranking Update
Our Influence Ranking Engine™ leverages machine learning to track the real-world influence of colleges and universities over time. Below you’ll see which schools gained or lost ground for the 2025 school year.
The University of Florida was our big mover in our 2025 ranking of the online colleges with the most generous financial aid. The school moved up 7 positions to the number 2 position. Purdue University Global also gained 6 positions to move into the number 4 position for 2025.
The FAFSA Simplification Act for school year 2024, created a streamlined financial aid process. UF also continues to enhance its signature Machen Florida Opportunity Scholars program, which provides a full grant and scholarship package to first-generation, low-income students, ensuring comprehensive support throughout their academic journey.
Purdue University Global the Returning Student Relief Grant, which helps previously withdrawn students re-enroll by covering up to $4,500 of outstanding debt owed to the school.
Education has come so far. Thanks to technological advancements, the education sector has come a long way in preparing students for a brighter future. Because of this, attending college has become quite expensive.
Going to college has become so expensive that it can be an immense struggle for the average student to be able to afford tuition on their own. Thankfully, learners can apply for financial aid to help them afford tertiary education and achieve their goals in life.
The National Center for Education Statistics states, “Grants and loans are the major forms of federal financial aid for first-time, full-time degree/certificate-seeking undergraduate students.”
Grants and loans are two of the most distinct forms of financial aid. Other sources of financial aid include private loans and local and state governments. There are also schools with financial aid initiatives to help remove the financial barriers to access to college. These institutions will offer students with the most financial need the most generous online college financial aid.
Featured Programs
Top Online Colleges That Accept FAFSA
- #1 America's 15 Most Technologically Advanced Colleges #1 50 Best Private Colleges and Universities for Undergrads 2025 #1 Best Universities in the US Ranked for Prospective Students in 2025 #1 50 Best Graduate Schools Ranked for Prospective Students in 2025
Other Rankings
- #1 50 Best Colleges and Universities Ranked for Undergrads in 2025
- #1 Top Schools that Offer Free Master's Degrees Online
- #1 50 Best Private Grad Schools 2025
- #1 Best Universities in the World 2025
- #1 50 Best Research Universities Ranked for Undergrads in 2024
- #1 Best Grad Schools in Massachusetts 2025
- #1 Best Research Universities in Massachusetts 2025
- #1 The Most Influential Universities and Colleges Ranked by State 2024
- #1 Best Colleges in Massachusetts 2024
- #1 Best Private Colleges in Massachusetts 2024
- #1 Best Colleges and Universities for Political Science Degrees
- #1 Best Research Universities for Philosophy Degrees 2025
- #1 Best Research Universities for Economics Degrees 2025
- #1 Best Research Universities for Psychology Degrees 2025
- #1 Best Colleges and Universities for Psychology Degrees 2025
- #1 Best Research Universities for Anthropology Degrees
- #1 Best Research Universities for English Degrees
- #1 Best Research Universities for History Degrees
- #1 Best Research Universities for Religious Studies Degrees
- #1 Best Research Universities for Political Science Degrees
- #1 Best Research Universities for Sociology Degrees
- #1 Best Research Universities for Earth Sciences Degrees
- #1 Best Research Universities for Physics Degrees
- #1 Best Research Universities for Chemistry Degrees
- #1 Best Colleges and Universities for Economics Degrees 2025
- #1 Best Research Universities for Biology Degrees 2025
- #1 Best Research Universities for Math Degrees
- #3 Best Research Universities for Engineering Degrees
- #3 Best Research Universities for Computer Science Degrees
- #2 Guide to Free Online Courses for MBA Students in 2024
- #1 Best Schools in the World for Earning an MBA Degree Ranked for 2024
- #1 The Best Traditional MBA Programs Ranked for Students in 2024
- #7 The Fastest Traditional MBA Degree Programs Ranked for 2024
Tuition + fees
$57K
Acceptance
3%
Graduation
98%
Student body
39K
Median SAT/ACT
1535/35
Career Outlook for degree at Harvard University
Cost of Degree: $57,261Expenses: $26,277Starting Salary: $139,100Cost Recoup Time: 12 yearsPaid back at 15% of annual salaryWhat is Harvard University known for?
Harvard University’s faculty and alumni have been influential in:
Most Influential Alumni
Whether you’re a first-year or fourth-year student, Harvard University offers need-based aid for all, regardless of citizenship or nationality. All you need is to provide information about your family’s assets and incomes, outside financial aid, and any unusual financial circumstances. The school’s financial aid officers will determine your demonstrated needs and your family’s EFC.
Financial aid offered:
- Federal Pell Grant
- Supplemental Education Opportunity Grant (SEOG)
- Grants and scholarships from secondary schools, parental employers, civic organizations, private entities, VA Benefits, ROTC, and the National Merit Scholarship Programs
- Federal Work-Study Program (FWSP)
- Student loans (i.e., Federal Direct Subsidized Stafford Loan, Federal Direct Unsubsidized Stafford Loan, Harvard Loans, and parent loan)
- #2 Top 15 Best Online Colleges for Transfer Students in 2025 #3 15 Best Self-paced Online Colleges Ranked for 2025 #6 15 Best Online Colleges for Veterans to Start Their Careers #8 Best Value Colleges and Universities Ranked for Students in 2024
Other Rankings
- #20 Most Affordable Colleges and Universities in the U.S. 2025
- #20 Most Affordable Graduate Schools Ranked for 2025
- #22 50 Best Public Colleges and Universities Ranked for Students in 2025
- #23 50 Best Public Grad Schools 2025
- #1 Best Public Colleges in Florida 2025
- #1 Most Affordable Colleges in Florida 2025
- #1 The Most Influential Universities and Colleges Ranked by State 2024
- #1 Best Grad Schools in Florida 2024
- #1 Best Research Universities in Florida 2025
- #1 Best Colleges in Florida 2024
- #1 Best Research Universities for Criminal Justice Degrees
- #14 Best Research Universities for Education Degrees
- #17 Best Research Universities for Nursing Degrees
- #20 Best Research Universities for Business Degrees 2025
- #20 Best Research Universities for Communications Degrees 2025
- #21 Best Research Universities for Anthropology Degrees
- #21 Best Research Universities for Earth Sciences Degrees
- #22 Best Research Universities for History Degrees
- #23 Best Research Universities for Chemistry Degrees
- #23 Best Research Universities for Biology Degrees 2025
- #25 Best Research Universities for Engineering Degrees
- #1 Best Online Bachelor's in Anthropology 2025
- #1 Best Online Bachelor's in Computer Science Degree Programs
- #1 Best Online Master's Programs in Florida 2024
- #1 Best Online Colleges in Florida 2024
- #2 Best Online Bachelor’s of Digital Media for 2025
- #2 Best Online Bachelor's in Biology 2025
- #2 Best Online MBA Programs in Florida
- #2 Most Affordable Online Applied Behavioral Analysis PhD Programs
- #3 Fastest Accelerated Online Public Health Doctorates (PhDs) 2025
- #3 10 Best Online Master's of Music Education Degree Programs
- #4 Top 20 Most Affordable Online Doctorate of Education (PhDs) 2025
- #5 Best Online History Doctorate Degree Programs (PhDs) 2025
- #9 Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024
- #19 Top 20 Easiest Online Degrees from Accredited Schools in 2024
- #4 Most Affordable Master's in Counseling Degree Programs Ranked for 2025
- #15 Best Schools in the World for Earning an MBA Degree Ranked for 2024
Tuition + fees
$6K
Acceptance
23%
Graduation
90%
Student body
63K
Median SAT/ACT
1395/30
Career Outlook for degree at University of Florida
Cost of Degree: $6,381Expenses: $15,430Starting Salary: $65,700Cost Recoup Time: 8 yearsPaid back at 15% of annual salaryWhat is University of Florida known for?
University of Florida’s faculty and alumni have been influential in:
Most Influential Alumni
The University of Florida is one of the leading and most affordable online colleges. This gives students who lack the necessary funds to pay for college tuition a chance to earn a degree for less. On top of that, UF offers a variety of financial aid options.
Financial aid offered:
- Grants
- Scholarships
- Federal Work-Study Program (FWSP)
- Loans
- Non-Student Financial Affairs Administered Aid
- UF College and Departmental Scholarships
- Outside scholarships from businesses, libraries, local community groups, educational organizations, religious groups, civic organizations, and alums associations
- #13 15 Colleges with the Happiest Freshmen #2 Most Affordable Colleges in Kansas 2025 #2 Best Grad Schools in Kansas 2024 #2 Best Public Colleges in Kansas 2024
Other Rankings
Tuition + fees
$10K
Acceptance
95%
Graduation
69%
Student body
23K
Career Outlook for degree at Kansas State University
Cost of Degree: $10,448Expenses: $15,538Starting Salary: $51,900Cost Recoup Time: 10 yearsPaid back at 15% of annual salaryWhat is Kansas State University known for?
Kansas State University’s faculty and alumni have been influential in:
Most Influential Alumni
Kansas State University has scholarship opportunities for online students earning undergraduate and graduate degrees. Applicants must only submit the K-State Global Campus Scholarship Application to determine eligibility.
Financial aid offered:
- Kenneth and Leah Mae Bever KSU Foundation Family Scholarship
- Maurine Allison O’Bannon Memorial Scholarship
- Sue Maes and Dennis Hemmendinger KSU Foundation Family Scholarship
- Sue C. Maes and Vanier Family Scholarship
- EdAssist
- College of Education Master’s Degree Scholarship
- Nathan and Becky Smit Food Innovation Scholarship
- Allen County Community Foundation Scholarship
- Colorado Women’s Education Foundation Scholarship
- KC Scholars Adult Learner Scholarship
- Fairy Godmother Hand-Up-Grant
- Carol Ann Holcomb, Maggie Higdon, and RC & Eva Finley Center on Aging Scholarships
- Graduate Student Council Travel Awards
- #12 Most Affordable Online Colleges Ranked for Students 2024 #5 Best Public Colleges in Indiana 2024 #5 Most Affordable Colleges in Indiana 2024 #8 Best Liberal Arts Colleges in Indiana 2024
Other Rankings
- #1 Best Online Bachelor's in Cybersecurity in Indiana
- #3 Best Online MBA in Human Resources Ranked for Students in 2024
- #3 Most Affordable Online PhD Programs Ranked for Students in 2024
- #4 Best Online Associate Degree Programs That Can Be Completed in 1 Year
- #4 Best Online Associate in Early Childhood Education
- #4 Best Online Colleges in Indiana 2024
- #4 Best Online MBA Programs in Indiana
- #4 Best Online Associate in Human Services
- #5 Best Online Bachelor's in Cybersecurity in Illinois
- #5 Best Online Associate in Paralegal Studies
- #6 Most Affordable Online Associate Degree Programs Ranked for 2024
- #6 Best Online Master’s in Human Services
- #7 Best Online Associate in Accounting
- #7 Best Online Associate Degrees in Indiana 2024
- #7 Fastest Accelerated Online Bachelor's of Information Technology
- #8 10 Best Online Bachelor's of Forensic Psychology Programs
- #8 Most Affordable Online Bachelor's Degree Programs Ranked for 2024
- #8 Best Online Master's Programs in Indiana 2025
- #8 Fastest Accelerated Online Bachelor's of Cybersecurity
- #9 Best Online Associate in Information Technology
- #9 Best Online Associate in Business Management
- #9 Best Online Associate in Health Science Degree Programs
- #14 Most Affordable Online Master's Degree Programs Ranked for Students
- #15 Best Online Bachelor’s of Early Childhood Education Degree Programs for 2025
- #15 Best Online Bachelor's in Law and Legal Studies Degree Programs for 2025
- #16 Best Online Bachelor's of Healthcare Administration Degree Programs for 2024
- #17 Best Online Bachelor’s of Health Science Degree Programs Ranked for 2025
- #20 Best Online Master's in Project Management 2025
- #21 Best Online Bachelor’s of Human Services Degree Programs Ranked for 2024
- #22 Best Online Master’s in Finance
- #5 Fastest Online Associate's of Business Degree Programs Ranked 2024
- #15 Fastest Accelerated Online Bachelor's of Nursing Degree Programs 2024
Tuition + fees
$10K
Graduation
20%
Student body
66K
What is Purdue Global known for?
Purdue Global’s faculty and alumni have been influential in:
Purdue University Global is committed to helping students find ways to save on tuition and fees and graduate sooner. You can coordinate with Purdue’s Student Finance Coordinator to get more information about their financial aid options and whether you are eligible for one.
Financial aid offered:
- Federal Pell Grant
- Federal Supplemental Education Opportunity Grant (FSEOG)
- Federal Work-Study Program (FWSP)
- Iraq and Afghanistan Service Grant (IASG)
- Children of Fallen Heroes Scholarship
- Federal Direct Subsidized Loan
- Federal Direct Unsubsidized Loan
- Federal Direct Graduate/Professional PLUS Loan
- State Grant and State Aid Programs
- Institutional Aid
- Returning Student Relief Grant
- Continuing Student Relief Grant
- Private scholarships
- Private student loans
Purdue Global’s Online Degrees
BS in Accounting
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Analytics
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Business Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Analytics
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Business Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Finance
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Excel Track Healthcare Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Exceltrack Business Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Cloud Computing And Solutions
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Cloud Computing And Solutions
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Information Technology
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Information Technology
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Criminal Justice
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Cybersecurity
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Criminal Justice
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Cybersecurity
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Fire And Emergency Management
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Fire Science
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Legal Support And Services
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Excel Track Criminal Justice
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Early Childhood Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Communication
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Human Services In Youth/Family Services And Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Professional Studies
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Psychology
Degree Concentrations
- Addictions
- Applied Behavior Analysis
- Industrial/Organizational Psychology
- Addictions
- Applied Behavior Analysis
- I/O Psychology
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Environmental Policy and Management
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Professional Flight
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Healthcare Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Exceltrack™ Nursing
Degree Concentrations
- Rn-To-Bsn
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Health And Wellness
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Healthcare Administration
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Health Information Management
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Health Science
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Nursing
Degree Concentrations
- Rn-To-Bsn
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
BS in Nutrition
- Required Credits: 180
- Completion Time: None Reported
- Format: Online
- #1 Best Christian Colleges in Arizona 2024 #1 Best Private Colleges in Arizona 2024 #4 Best Research Universities in Arizona 2025 #4 Best Colleges in Arizona 2024
Other Rankings
- #4 Best Grad Schools in Arizona 2024
- #4 Most Affordable Colleges in Arizona 2024
- #4 The Most Influential Universities and Colleges Ranked by State 2024
- #1 How To Get an Online Master’s Degree in Biblical Studies
- #2 Best Online Bachelor's in Animation Illustration 2025
- #3 Best Online Bachelor's in Cybersecurity in Arizona 2025
- #3 Best Online MBA Programs in Arizona
- #3 Best Online MBA in Accounting Degree Programs
- #4 Best Online MBA in Business Analytics Ranked for Students in 2024
- #4 Best Online Master's Programs in Arizona 2024
- #4 Best Online MBA in Marketing Degree Programs Ranked for Students in 2024
- #5 Best Online Bachelor's in Cybersecurity in Washington
- #5 Best Online Colleges in Arizona 2024
- #5 Fastest Accelerated Online Bachelor's of Healthcare Administration
- #5 Fastest Accelerated Online Master's of Cybersecurity 2025
- #5 Fastest Accelerated Online Bachelor's of Cybersecurity
- #6 Most Affordable Online PhD Programs Ranked for Students in 2024
- #7 Top 16 Most Affordable Online Counseling PhDs (Doctorates)
- #8 Most Affordable Online PhDs in Psychology Ranked for 2025
- #9 Fastest Accelerated Online Healthcare Administration Masters 2025
- #12 15 Fastest Accelerated Online Master's of Psychology Programs
- #12 Most Affordable Online Applied Behavioral Analysis PhD Programs
- #15 Top 20 Most Affordable Online Business Administration Doctorates 2025
- #19 Top 20 Most Affordable Online Bachelor's of Cybersecurity 2025
- #9 Top 20 Fastest Accelerated Online Bachelor's in Counseling
- #14 Fastest Accelerated Online Master's of Counseling Degree Programs 2024
Tuition + fees
$18K
Acceptance
78%
Graduation
45%
Student body
155K
Career Outlook for degree at Grand Canyon University
Cost of Degree: $17,205Expenses: $14,300Starting Salary: $58,500Cost Recoup Time: 11 yearsPaid back at 15% of annual salaryWhat is Grand Canyon University known for?
Grand Canyon University’s faculty and alumni have been influential in:
- Nursing
- Religious Studies
- Education
- Political Science
- Engineering
- Mathematics
- Business
- History
- Communications
- Medical
Most Influential Alumni
At Grand Canyon University, paying for your online college degree is easy with FAFSA, student loans, grants, and scholarships. This is to help average students pay reduced annual tuition.
Financial aid offered:
- Education Master’s Degree Scholarship
- Alumni Doctoral Degree Scholarship
- Active Duty Online Military Undergraduate Scholarship
- Doctoral Online Military Scholarship
- Arizona Teacher Student Loan Program
- TEACH Grant
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (FSEOG)
- Outside scholarships
Grand Canyon University’s Online Degrees
BS in Behavioral Health Science
Degree Concentrations
- Adolescent Disorders
- Family Dynamics
- Infancy and Early Childhood Studies
- Substance Use Disorders
- Trauma
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Animation and Digital Design
Degree Concentrations
- Web Design
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Entrepreneurship
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Human Resources Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Technology
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Accounting
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Early Childhood Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Counseling
Degree Concentrations
- Addiction
- Chemical Dependency
- and Substance Abuse
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Early Childhood Education and Early Childhood Special Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Advertising and Marketing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Business Analytics
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Business Information Systems
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Applied Marketing and Advertising
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Digital Film
Degree Concentrations
- Screenwriting
- Production
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Health Information Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Advertising and Graphic Design Degree
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in History
Degree Concentrations
- Secondary Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Computer Programming
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Cybersecurity Degree
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in English
Degree Concentrations
- Professional Writing
- Secondary Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Health Sciences
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Entrepreneurship
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Healthcare Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Christian Studies
Degree Concentrations
- Biblical Studies
- Global Ministry
- Philosophy
- Worship Leadership
- Youth Ministry
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Government
Degree Concentrations
- Legal Studies
- Public Policy
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Hospitality Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Educational Studies
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Communications
Degree Concentrations
- Broadcasting New Media
- Interpersonal and Human Relations Emphasis
- Political Campaigns
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Elementary Education
Degree Concentrations
- Christian Education
- English as a Second Language
- STEM
- Teaching Reading
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Psychology
Degree Concentrations
- Forensic Psychology
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Elementary Education and Special Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Nursuing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Analytics
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Homeland Security and Emergency Management
Degree Concentrations
- Homeland Security and Emergency Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Information Technology
Degree Concentrations
- Cybersecurity
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Education
Degree Concentrations
- Secondary Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Mathematics for Secondary Education
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Information Systems
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Justice Studies
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Risk Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Social Media
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Sociology
Degree Concentrations
- Social Work
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Finance and Economics
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Public Health
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Sports Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Software Development
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
- #10 Best Online Doctorate of Physical Therapy Programs (PhDs) #12 Best Online MBA Programs in Michigan #16 Best Online Colleges in Michigan 2024
Tuition + fees
$13K
Acceptance
66%
Graduation
46%
Student body
7K
Median SAT/ACT
1075/24
Career Outlook for degree at University of Michigan–Flint
Cost of Degree: $12,858Expenses: $13,764Starting Salary: $44,500Cost Recoup Time: 12 yearsPaid back at 15% of annual salaryWhat is University of Michigan–Flint known for?
University of Michigan–Flint’s faculty and alumni have been influential in:
- Nursing
- Anthropology
- Medical
- Engineering
- Communications
- Criminal Justice
- Computer Science
- Economics
- Biology
- Political Science
Most Influential Alumni
Students interested in applying for a degree at the University of Michigan-Flint will be more than happy to know that this university offers many scholarships, some created by generous donors. They also accept outside scholarships that require separate applications and eligibility requirements.
Financial aid offered:
- Aiyer, Ananthakrishnan G. Memorial Scholarship
- Department of Music Instrumental Jazz Scholarship
- Freedman, Eric G. Ph.D. Psychology Research Scholarship Fund
- Freeman, Ralph M., and Emmalyn E. Distance Learning Scholarship
- University of Michigan-Flint Matthew Hilton-Watson Study Abroad Scholarship
- Wyatt, Merit Scholarship
- School of Education & Human Services Alumni Scholarship for Education
- Cebulski, Paulette Kondela Physical Therapy Scholarship Fund
- Association Greater Oakland Charter Chapter
- Michigan Competitive Scholarship
- Elevate Black Entrepreneurs Scholarship
- Navy Health Professions Scholarship
University of Michigan–Flint’s Online Degrees
BA in Applied Science
- Required Credits: 124
- Completion Time: None Reported
- Format: Online
BS in Health Care Administration
- Required Credits: 124
- Completion Time: None Reported
- Format: Online
BS in Early Childhood Studies
- Required Credits: 128
- Completion Time: None Reported
- Format: Online
BA in Business Administration
Degree Concentrations
- Accounting
- Entrepreneurship and Innovation Management
- Finance
- General Business
- International Business
- Marketing
- Organizational Behavior & Human Resouces Management (OBHRM)
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Nursing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Psychology
- Required Credits: 124
- Completion Time: None Reported
- Format: Online
BS in Respiratory Therapy
- Required Credits: 124
- Completion Time: None Reported
- Format: Online
- #9 15 Best Self-paced Online Colleges Ranked for 2025 #2 Best Private Colleges in Utah 2024 #4 Best Liberal Arts Colleges in Utah 2025 #7 Best Colleges in Utah 2024
Other Rankings
- #7 Most Affordable Colleges in Utah 2025
- #1 Best Online Bachelor's in Cybersecurity in Utah
- #2 Best Online Bachelor's in Cybersecurity in Wyoming
- #4 Best Online MBA Programs in Utah
- #6 Best Online Master's Programs in Utah 2024
- #6 Fastest Accelerated Online Bachelor's of Accounting Programs 2025
- #6 Fastest Accelerated Online Bachelor's of Healthcare Administration
- #8 Fastest Accelerated Online Bachelor's of Information Technology
- #8 Best Online Colleges in Utah 2024
- #18 Fastest Accelerated Online Bachelor's of Nursing Degree Programs 2024
Tuition + fees
$8K
Graduation
49%
Student body
214K
Career Outlook for degree at Western Governors University
Cost of Degree: $8,010Starting Salary: $48,100What is Western Governors University known for?
Western Governors University’s faculty and alumni have been influential in:
Most Influential Alumni
Western Governors University offers scholarships and accepts federal financial aid simultaneously to ensure students can achieve their educational and career goals. WGU received the American Association of University Administrators’ Blackburn and Exemplary Models Awards for Responsible Borrowing Initiative in 2016.
Financial aid offered:
- Year of You Scholarship
- Online Access Scholarship
- Opportunity Grant
- General scholarships, such as Administrative Professional Scholarship, Alumni Master’s Scholarship, Empowering Midwestern Communities, Finish Strong Scholarship, Leader Scholarship, and more
- State scholarships from Colorado, Idaho, Missouri, Montana, Nebraska, North Carolina, Ohio, Tennessee, Texas, Utah, Washington, and Wyoming
- #12 15 Best Self-paced Online Colleges Ranked for 2025 #6 Best Online Associate in Human Services #9 Best Online Associate Degrees in Missouri 2024 #11 Best Online MBA Programs in Missouri
Other Rankings
- #11 Best Online Colleges in Missouri 2024
- #12 Best Online Bachelor's of Cybersecurity Degree Programs in Missouri
- #16 Best Online Associate in General Studies
- #17 Best Online Bachelor’s in Public Administration Degree Programs for 2025
- #23 Best Online Bachelor’s of Human Services Degree Programs Ranked for 2024
- #24 Best Online Bachelor's of English Degree Programs for 2024
Tuition + fees
$24K
Graduation
43%
Student body
9K
Career Outlook for degree at Columbia College
Cost of Degree: $12,140Expenses: $13,982Starting Salary: $43,000Cost Recoup Time: 12 yearsPaid back at 15% of annual salaryWhat is Columbia College known for?
Columbia College ’s faculty and alumni have been influential in:
Columbia College offers need-based grants and other types of federal financial aid. All you need to do is apply through FAFSA using the school code 002456.
Financial aid offered:
- Federal Pell Grant
- Supplemental Education Opportunity Grant (SEOG)
- Direct Subsidized and Unsubsidized Loans
- Direct PLUS Loans
- Federal Work-Study Program (FWSP)
Columbia College ’s Online Degrees
BS in Accounting
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in History
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Cybersecurity
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in English
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Business Administration
Degree Concentrations
- Innovation & Entrepreneurship
- Marketing
- Human Resources
- Finance
- Management
- Accounting
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Healthcare Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Healthcare Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Human Resource Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Human Resource Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in General Studies
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Human Services
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Human Services
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Innovation and Entrepreneurship
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Psychology
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Nursing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Criminal Justice Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Organizational Leadership
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Organizational Leadership
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Political Science
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Public Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Finance
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Finance
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Management Information Systems
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Sociology
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in International Business
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in International Business
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Sports Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Sports Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BA in Marketing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
- #1 Top 20 Easiest Online Degrees from Accredited Schools in 2024 #3 Top 3 Best Online Economics PhD Degree Programs (Doctorates) 2025 #6 Best Online Bachelor's of Cybersecurity Degree Programs in Michigan #8 Top 10 Best Online Bachelor's of Web Design Degree Programs 2025
Other Rankings
Tuition + fees
$13K
Acceptance
37%
Graduation
20%
Student body
6K
Career Outlook for degree at Baker College
Cost of Degree: $12,710Expenses: $12,700Starting Salary: $31,800Cost Recoup Time: 14 yearsPaid back at 15% of annual salaryWhat is Baker College known for?
Baker College’s faculty and alumni have been influential in:
Baker College offers flexible online degree programs to fit on-the-go students’ lifestyles and educational and professional goals. Aside from fully online degree programs, Baker College offers numerous federal financial aid options.
Financial aid offered:
- Federal Pell Grants
- Federal Supplemental Educational Opportunity Grants (FSEOG)
- Federal Work-Study Program (FWSP)
- Iraq and Afghanistan Service Grant
- Children of Veterans Tuition Grant
- Fostering Futures Scholarship
- Michigan Competitive Scholarship
- Michigan Tuition Grant
- Tuition Incentive Program
- Presidential Scholarship
- Deans Scholarship
- Gap Year Scholarship
- TEACH Scholarship
- Taylor/Graystone Scholarship
- BakerProud Scholarship
- Children of Fallen Heroes Scholarship
Baker College’s Online Degrees
BS in Accounting
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Business Administration Accelerated
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Finance
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Human Resource Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Logistics
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BBA in Management
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Marketing
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BBA/MBA in Finance
- Required Credits: 141
- Completion Time: None Reported
- Format: Online
BBA/MBA in Human Resource Management
- Required Credits: 141
- Completion Time: None Reported
- Format: Online
BBA/MBA in Logistics
- Required Credits: 141
- Completion Time: None Reported
- Format: Online
BBA/MBA in Management
- Required Credits: 141
- Completion Time: None Reported
- Format: Online
BBA/MBA in Marketing
- Required Credits: 141
- Completion Time: None Reported
- Format: Online
BBA/MBA in Accounting
- Required Credits: 144
- Completion Time: None Reported
- Format: Online
BS in Computer Science
Degree Concentrations
- Computer Programming
- Database Technology
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Game Software Development
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Information Systems
Degree Concentrations
- Assurance Specialist
- Project Management
- Web Development
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in It And Security
Degree Concentrations
- Information Assurance And Cybersecurity
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Criminal Justice
Degree Concentrations
- Criminal Justice Studies
- Law Enforcement And Police Academy
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in General Studies
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
BS in Healthcare Administration
- Required Credits: 120
- Completion Time: None Reported
- Format: Online
Tuition + fees
$8K
Acceptance
85%
Graduation
61%
Student body
8K
Career Outlook for degree at University of Wisconsin–Platteville
Cost of Degree: $7,862Expenses: $12,931Starting Salary: $51,200Cost Recoup Time: 9 yearsPaid back at 15% of annual salaryWhat is University of Wisconsin–Platteville known for?
University of Wisconsin–Platteville’s faculty and alumni have been influential in:
- Chemistry
- Engineering
- Computer Science
- Criminal Justice
- Psychology
- Literature
- History
- Sociology
- Mathematics
- Philosophy
Most Influential Alumni
The University of Wisconsin-Platteville ranks among the lowest tuition in the state. Students must visit the financial aid office to know what kind of financial aid you can qualify for.
Financial aid offered:
- Chancellor Scholarship
- Capstan Scholarship
- Merit Scholarship
- Non-Resident Scholarship
- UW-Platteville Foundation Underrepresented Student Scholarship
- Wisconsin Promise
- Pioneer Pledge
- New freshman scholarships
- Branch campus scholarships
- Transfer student scholarships
- Continuing student scholarships
- Private and outside scholarships
Steps Needed to Apply for Financial Aid for Online College
Individuals who do not have enough resources to pay for their college tuition can apply for financial aid for their online college degrees.
Each year, the Federal Student Aid (FAFSA) office provides approximately $112 billion in loan, work-study, and grant funds to help individuals who genuinely desire to finish college pay for their tuition. FAFSA also manages student financial assistance programs, informs students and families of the availability of federal student aid programs, develops the FAFSA form and processes them, and manages and secures repayments from borrowers.
Here are the steps for applying for FAFSA for online college:
Apply for a FAFSA ID or account.
Students or borrowers and their parents must create an account to start their student loan journey. The account or ID must be in the FAFSA form, and the Master Promissory Note (MPN) must be signed electronically. Other requirements include loan counseling, use of the Public Service Loan Forgiveness Help Tool, and applying for repayment plans.
Submit the FAFSA form.
The FAFSA form must be completed and submitted before your desired college’s priority deadline or after October 1st. Online colleges will use this form to determine the Expected Family Contribution (EFC) and your eligibility for financial aid, such as subsidized student loans.
Submit the CSS PROFILE application form if required.
Some universities, colleges, and scholarship programs may require borrowers to file the CSS PROFILE and IDOC forms to assess a student’s eligibility for financial aid. It’s important to check the list of participating institutions and programs to ensure you comply with all requirements.
Start searching for local and national scholarships.
First, you can check with your high school guidance office to learn about local scholarship opportunities. Then, search online for national scholarships that you can use to pay for your tuition, living expenses, and school supplies.
Go over the Student Aid Report (SAR).
You will receive your SAR after filing the FAFSA. You may edit any mistakes and add any school you want your information sent to by logging into your FAFSA account.
You will find the Expected Family Contribution (EFC) information on your SAR, which will be sent to you by the financial aid office of the colleges you have indicated in the form.
Compare your Student Aid Report (SAR) and award letters.
Not all colleges and universities can meet 100% of your financial need. Because of this, the financial aid office of the schools you apply to will create a financial aid package or award letter for you. This is where you will be offered scholarships, grants, student loans, or work study opportunities.
Bottom Line: The Federal Student Aid website is the ultimate source of financial aid information. The site breaks down step-by-step the exact process of applying for and evaluating your financial aid offers.
Going Over Your Financial Aid Award Letter
The amount of financial aid you can qualify for depends on the school you are applying to. Remember, not all schools can afford to offer you the full amount you need to pay for college tuition. This is why you need to review your financial aid award letter to know how much your chosen school can afford to help pay for college.
Get the necessary information.
Here are the steps to read and understand your financial aid award letter:
- The award letters from the colleges you indicated on the FAFSA may be emailed, mailed, or posted on the student portal.
- If you haven’t received it, you can ask your school’s financial aid office when you’ll get it.
Know the different types of financial aid in the award letter.
Financial aid can come in the form of grants, scholarships, loans, and work-study. If you are offered a grant or scholarship, you won’t have to repay it. This is why it’s important to carefully assess the different financial aid offered to you to properly determine the costs you will be paying in the future.
Calculate how much you’re going to have to pay for college.
Use online tools like the US Department of Education’s Net Price Calculator Center and College Cost Calculator to determine how much you will pay for college tuition. Calculating your estimated bill, including housing, meal plans, and other fees, will show you how much you’ll need to pay once you start attending an online college.
Calculate the long-term cost of using financial aid to afford college.
One of the main reasons to review your financial aid award letter is for you to be able to calculate the long-term cost of a student loan. When computing the total cost, account for all the years you’ll attend school. Use an online loan calculator to determine how much you will pay monthly for a loan for ten or more years.
Don’t forget your indirect expenses.
Attending school always involves indirect expenses, whether you’re enrolled in on-campus or online classes. Of course, you’ll need to purchase books, technology devices, and other school supplies. Also, you might need to consider the travel expenses for the days you’ll be asked to report to your college or university. Because of the many items you will need to take into account, it’s important to create a college budget.
Award Letter Terminology You Should Know
Upon reviewing your Award Letter, you may come across some unfamiliar terminology. You may want to know the meaning of some words while evaluating and comparing the award letters you receive.
- Cost of Attendance: This refers to the total college expenses before any financial aid is applied. This includes tuition and fees, books and supplies, living expenses, and room and board.
- Expected Family Contribution (EFC): This is used by financial aid advisors to gauge your family’s financial health and determine the total amount for your financial aid. EFC is computed based on the information you provide about your family’s financial status.
- College Credit: Some colleges grant credit for a course. This means that passing a course counts toward a degree. Others may also grant degree credits based on exam scores.
- Demonstrated Need: This is the difference between the total cost of attendance and your EFC.
- Need-Blind Admission: Some educational institutions have this policy of making decisions on college admissions without considering the student’s financial needs. As a result, those schools may not offer enough financial aid to help pay a student’s full college tuition needs.
What Are Student Loans?
Unlike grants and scholarships, a student loan is money awarded to a student based on financial need that must be paid back, almost always with interest.
Student loans are much like any other loan, such as a housing or car loan. The only difference is that you do not need to repay a student loan immediately. Loan payments will be deferred until you graduate or stop attending school. When you reach this point, you will be given a six-month grace period and work with a loan servicer to guide you on your loan repayments.
Types of Student Loans
- Direct Loans: The US Department of Education (DOE) offers Direct Subsidized Loans, the kind of loan awarded to a borrower after the college you will be attending determines how much you can borrow based on your financial need, and Direct Unsubsidized Loans, the kind of loan that the school determines based on the tuition and other costs.
- Direct PLUS Loans: These are sometimes referred to as Parent PLUS Loans or Graduate PLUS Loans, depending on the borrower’s identity. This type of loan isn’t based on a borrower’s financial needs. Rather, the DOE will conduct a credit check to check whether you have a poor credit history.
- Federal Student Loans vs. Private Student Loans: Aside from the US government, some private institutions and organizations, such as credit unions and banks, offer federal aid thorugh student loans. While federal loans have fixed interest rates, private loans are generally more expensive.
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What Are Grants?
Grants are offered by the federal or state government to students attending college. Grants are occasionally also offered at career schools, private colleges, and nonprofit organizations. Grants do not need to be repaid, unlike loans.
Types of Grants:
- Federal Pell Grants are generally awarded only to undergraduate students who show exceptional financial need and would be unable to attend college without the award.
- Federal Supplemental Educational Opportunity Grants (FSEOG) are types of grants that only a participating school’s financial aid office can administer. Only the students with the most financial needs can be awarded FSEOGs. Typically, you can receive $100 to $4,000 a year, depending on your financial need.
- Iraq and Afghanistan Service Grants are for applicants whose parents or guardians perished while in service in Afghanistan or Iraq, granted they meet certain criteria.
- Teacher Education Assistance for College & Higher Education is different from other types of grants because those who accept such financial aid will be required to agree to complete a teaching service obligation. If you don’t complete the service obligation, the TEACH grant awarded to you will be converted to a loan, which you will repay with interest.
Remember that grants are mostly awarded only to students with financial needs. You will need to submit a FAFSA form to know whether you qualify or not.
Did you know that there are colleges that you can attend for free and numerous online college courses that you can take for no cost?
Back to TopWhat Are Student Scholarships?
Like other financial aid, scholarships are awarded to deserving students attending traditional or online school to help them pay for an undergraduate or graduate degree.
Some scholarships are given as a one-time check, and others are renewable each semester or school year. What makes them different from student loans is that you don’t need to repay them.
Types of Scholarships:
- State scholarships: Almost all states likely offer at least one scholarship program to state residents. Some offer such financial aid based on test scores or grade point averages. Other states offer scholarships based on a student’s financial needs.
- Institutional scholarships: Schools give merit scholarships, usually during acceptance and based on a student’s test scores and grades. If the student filed a FAFSA form, the admission staff would determine whether the person needs financial assistance even after considering merit scholarships.
- Private scholarships: Private and nonprofit foundations, such as religious groups, private entities, civic groups, and charities, may award deserving students scholarships.
Bottom Line: There are three basic types of financial aid: loans, grants, and scholarships. It is key for students to explore each type of aid in order to ensure that they have the financial support needed to attend college. Being savvy about all of the options for aid can remove the financial barrier to receiving a higher education.
Applying for Additional Financial Aid
Take Advantage of the Federal Work-Study Program
If you are eligible, you can work in FWSP-designated jobs at the college or university of your choice. Being a working student helps you earn extra money to pay for your college tuition.
Aside from that, you also gain professional experience and develop important skills that will help you advance in your career in the future. Ask the financial aid offices in your school to confirm your financial aid eligibility.
Get a federal student loan before applying for a private loan.
The amount a student may be eligible for financial aid is usually determined by financial need. This often results in having only a portion of the entire cost of your college tuition being paid for by the student loan. If you need additional financial assistance after being awarded a loan, you can apply for a private loan as soon as you receive your award letter and accept financial aid.
Ask to pay tuition in installments.
If you feel that you may benefit from paying your tuition payments in installments, you can write a formal and detailed letter explaining your circumstances to request the college you are attending. At the same time, you will also need to set the due dates and deadlines for your installments.
Apply for private loans and scholarships.
Online college students may also apply for private loans and scholarships to cover the rest of the cost of your college education.
Private loans can come from:
- Banks
- Credit unions
- Lenders
- Private organizations
Private scholarships can come from:
- Community organizations
- Private organizations
- Scholarship databases
- Employers
- Colleges and universities
- Religious organizations
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Most Common Challenges That Online Students with Financial Aid Encounter
Restrictions on eligibility requirements
According to the National Association of Student Personnel Administrators in Higher Education, one of the major hurdles for online students with financial aid is state eligibility restrictions. Most state-funded aid programs require full-time enrollment. Although schools and government agencies mean well with this eligibility requirement, this can be an unrealistic option for part-time students who need to juggle their time between work, school, and financial obligations.
College Accreditation
Accreditation further narrows the educational opportunities available to students who choose distance learning or online classes. According to the American Council of Trustees & Alumni (ACTA), “Once accreditation agencies became the gatekeepers for federal funding, accreditors essentially gained regulatory control over colleges.” However, many online colleges are respected and accredited.
Tips to Help College Students Save Money
Going to college can put a huge dent in your family’s budget. This is why it helps to do everything you can to save money while in school.
Maximize the use of student discounts.
Your student ID offers various discounts, from coffee shops to grocery stores. Some schools even offer discounts on bigger ticket items and tech gadgets.
Apply for a tuition payment plan.
If the federal student loan you have been awarded is not enough to pay for the entire cost of your yearly tuition, you can request a monthly or biannual installment plan.
Check the school’s credit transfer policy.
Some colleges may only accept credits from regionally accredited schools. Transferring credits for professional, academic, or military experience can help you reduce your tuition and speed up completion times.
For veterans, there are a number of online colleges that are best for veterans, offering Post-9/11 GI Bill and even Yellow Ribbon Program veteran benefits.
Choose shared living.
Paying rent while living alone can be very expensive. Finding a roommate can be a real boon when trying to cut costs for college. You’ll not only split the costs of rent, but you can also save on utilities and must-haves like internet service.
Opt for secondhand stuff.
Whether for books, clothes, appliances, or furniture, you’ll reward yourself with big savings by opting for pre-loved items. With a keen eye for the old but good stuff, you’ll enjoy significant savings in the long run.
Take on a side gig (or two).
Whether you’re a working student or on a federal student loan or grant, you can take on a side hustle that will allow you to get extra income every month. This should help you pay for rent and other necessities.
Be conscious of how much energy you consume daily.
Make substantial savings by turning off your thermostat if the weather isn’t too cold. You should also unplug devices that are not in use. Also, upgrade to energy-efficient electronics to save on utility bills.
Learn to budget and switch to a minimalist lifestyle.
To improve your financial situation, you must start budgeting. You need to have a clear overview of your monthly income and spending so you can take control of your finances and, at the same time, be able to pay for your tuition.
Additionally, you should practice the “less is more” mindset. This means living with only a few essential things, buying only the necessary items, and spending less.
Back to TopFrequently Asked Questions on Financial Aid
Do online programs qualify for financial aid?
Students who choose distance learning must apply for schools accredited by the US Department of Education to be eligible for federal financial aid. Also, they must check each institution’s website to be sure that the school and the degree program they are interested in are eligible for financial aid.
Most online colleges offer financial aid to students who cannot afford to pay their tuition independently. This is regardless of the student’s major or study level. However, undergraduates tend to qualify more for financial aid than graduate students.
Can students of online certificate programs apply for financial aid?
Yes, some institutions accept federal financial aid for online certificate programs. Career training programs in education, computer technology, and healthcare are eligible for federal student loans and other financial aid options.
It’s also important to note that online graduate certificate programs are not eligible for FAFSA.
Which online colleges can give the highest financial aid?
Financial aid is awarded to students based usually on available funding and the individual’s financial need. Some online colleges with “no loans” policies provide high-quality financial aid packages instead. However, it’s important to remember that the actual amount may vary depending on the following categories:
- Need-Based Aid: this is awarded to a student based on the school or organization’s assessment of their ability to pay for college tuition.
- Merit-Based Aid: this is awarded to those with a special talent in academics, athletics, music, and other areas.