October 9, 2007

Financing Your Online Education

Financing Your Online Education By Annika Wallendahl & Chris Nelson

Getting an online education online is a great way to advance your skills while maintaining a work/life balance. While online learning offers many advantages over traditional classrooms programs, the one thing they share is a price tag. But you shouldn't let cost deter you from earning your degree. There are more financial aid options available than ever for students pursuing online learning programs. And getting financial aid may be easier than you think.

"A university's financial aid department is always going to be the best place to get financial aid information," says Bridget McGuire, Executive Director of Financial Aid at Kaplan University. Kaplan began offering online education for students in 2000. Currently, the university has about 25,000 students that are working toward degree programs taken completely online, according to McGuire.

There are multiple ways to finance your online education, including:
  • Federal financial aid
  • State financial aid
  • Employer scholarships
  • Private grants and scholarships

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.