How to Pay for an Online Degree

Kamis, 22 Maret 2018

How to Pay for an Online Degree

Wondering how to pay for an online degree? You may be in for a pleasant surprise. The government offers many opportunities for students to get money for college, and accredited online university students are no different. Whether you are an undergraduate or graduate student, regardless of your major, there should be something that you qualify for.

ACG

In order to qualify for the Academic Competitiveness Grant, students must also be eligible for the Pell Grant and must be enrolled at least half-time in their first or second year of a certificate or degree granting program. Awards are $750-$1,300, and they don't need to be repaid.

Direct and FFEL PLUS Loans

If you are enrolled in an accredited online university at least half-time, your parents may qualify for these unsubsidized loans, depending on their credit history and other factors.

Federal Perkins Loan

Undergrad and grad students in financial need may qualify for this loan of up to $5,500 for undergraduates and $8,000 for professional/graduate students.

FSEOG Grants

Federal Supplemental Educational Opportunity Grants offer awards ranging from $100 to $4,000 for undergraduate students in financial need.

National Smart Grant

The National Science and Mathematics Access to Retain Talent Grant offers awards of up to $4,000 annually for students who qualify for the Pell Grant, who are enrolled at least half-time in the third, fourth or fifth year of certain subjects and study programs, and who have at least a 3.0 GPA.

Pell Grant

The Federal Pell Grant offers money for qualifying undergraduate students to use for their college education that doesn't need to be paid back. This amount may be anywhere from $400 to $4,731, based on need and merit.

TEACH Grant

If you're studying online to become an elementary or secondary teacher, the Teacher Education Assistance for College and Higher Education Grant may award you with as much as $4,000 a year that doesn't need to be repaid. Undergraduate and graduate students may apply.

Subsidized Loans

Direct and FFEL Stafford loans, between $3,500 and $8,000, are provided to students in financial need attending college at least half-time, and they must be paid back, starting after graduation. With subsidized loans, the United States Department of Education pays the interest while the student is still in school.

Unsubsidized Loans

There are also unsubsidized Direct and FFEL Stafford loans, which range from $5,500 to $20,500, based on grade level and credit level, and they accrue interest while the student is still in school.

OnlineSchoolsU.com is a complete information portal about top online schools [http://www.onlineschoolsu.com/] and online degree [http://www.onlineschoolsu.com/] programs in United States and Canada. Choose best online programs and college for you and start your path to a rewarding career.

Article Source: https://EzineArticles.com/expert/Erik_R_Johnson/384802



Article Source: http://EzineArticles.com/6292065

How Student Loans Can Help You Get An Online Degree

Online courses have become more and more popular in recent years. More students continue to select online degrees and more programs are continually being offered.

Student loans make it much more practical to obtain an online degree. The key to financing your education is to find the best student loans that give you the most money without overwhelming you with debt.

Online courses are not for everyone. Many people do prefer the freedom and flexibility of an online degree. But not everyone prefers this option over more traditional classes. It really depends on the person.

So after you figure out if online classes are a real option for you and if you think you will succeed, then you have to apply. But you have to find the right degree for your goals.

You can find all of the information that you need to choose the right degree online. But you have to know where to look to find that information.

After you figure out which online degree you are looking for you have to decide on the right online university. There are many options so you should do your research and find the best one for your needs.

After you figure out which school and degree you are looking for you have to figure out how to pay for it. If you don't have sufficient funds, you should consider taking loans.

But in order to obtain the right loan, you need the right information. And this information can be found online if you know where to look.

So get online and start finding the right online degree program. The next step is to secure a loan that is suited for you. After you get all of the information that you need you can start applying. So get online and find what you are looking for.

I attempt to share the information I have learned about regarding online courses [http://studentguider.com/online-courses-advantages-and-disadvantages/], and financial aid at studentguider.com [http://studentguider.com/student-loan-debt/].



Article Source: http://EzineArticles.com/5764846

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.

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. So make sure to find out about those through the school you plan to apply to.

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. Sometimes it means taking an extra step or two to find it but most students do. So the reality is that all online colleges offer financial aid or federal financial aid through loans, grants or scholarships. Get all the facts before you sign up and make sure your credits will transfer in to other schools for future.

For more tips and info on avoiding scams, choosing the best online degree program [http://www.OnlineDegreesTips.com] or accredited bachelor's degree online and finding the best online degree scholarships, grants, education loans or financing go to [http://www.OnlineDegreesTips.com] for all types of online degrees

Article Source: https://EzineArticles.com/expert/Helen_Hecker/23532



Article Source: http://EzineArticles.com/2615224

Online Degree Finance

Now that you have made the decision to finish your education through an online degree program, what's next? Obviously researching and finding the right college is key. But once you have passed that step, there is one more major step that is over looked by many applicants of online schools. What is it you ask? Well it's applying for financial aid, getting the right loan, or even obtaining grants.

So if you have found the college that you suits you, its now time to complete your free application for Federal Student Aid, or FASFA. This application is published by the Department of Education and is the same for almost every college, online or on campus. The only major difference between filling out this form at an online school and an on campus school is your filling the form out online instead of on paper. Also weather you are applying online or on campus it is totally free of charge.

The Federal Application will give lenders and the government an idea of the funding you are entitled to. Once you fill out the form and send it in, you should receive conformation within a few short days telling you which programs you are eligible for.

Just because you're taking classes online, doesn't mean it will cost you less. So you should go even as far as going to your local bank if you have to, and look for a low interest loan with a long payment plan. Getting your education doesn't have to be as hard on your wallet as it is on your brain!

So obviously one of the first things you can get is a student loan. The government offers a multitude of loans for students, with the limit of the loan usually based on the school you are attending. If you need some information straight from the source follow this link: http://www.fafsa.ed.gov.

All student loans must be paid back, but the purpose of getting a loan is that you can pay it back at a slower pace. The government will determine the type of loan they give you by several different factors, such as your income and your dependants. Some students are even offered subsidized loans by the government, where the government pays the interest of the loan for you. So obviously it in imperative that you find the best loan for you!

The next step on your list is to apply for grants. Grants are free money from the government that you don't have to pay back. So you need to apply for as many government grants as you can! The government offers grants to students who a in the lower level bracket of income. Usually to get a grant a student must maintain a minimum GPA in order to get the grant and to keep it through to the next semester. The minimum GPA varies from school to school, and varies sometimes because of income. But the average GPA to obtain and keep a grant is between 2.5-3.0 GPA. You can find extra information on grants at the link posted above.

But obviously there are some students who don't qualify for government grants. Such as students in specific unapproved schools, and those who are not US citizens. These are the students who have to take the option of taking out a private loan from a bank. In order to get a loan from a bank you generally need good and well established credit and or a co-signer who does on the loan with you. Bank loans are generally higher in interest.

Finally, you need to try and get a scholarship. A scholarship is an award given for academic achievement. Like grants, scholarships do not have to be paid back. The only down fall is that scholarships are usually only give out by schools. So in order to get one you need to already enrolled in a school. But if you are it is necessary to know of all the requirements needed to get the scholarships you are eligible.

So apply for as much as you can in order to maximize your educational dollar. There are many programs out there for everyone. If you do the proper research into financial aid you will save money and have more time to study to earn your degree.

Phillip Bernard writes of degree online programs [http://www.the-best-online-colleges.com/]. For more information on getting your degree online or anything else visit us at, [http://www.the-best-online-colleges.com/]

Article Source: https://EzineArticles.com/expert/Phillip_P_Bernard/275999



Article Source: http://EzineArticles.com/1577246

Online Degrees - What Online Colleges Have a Payment Plan? Loans, Grants Or Scholarships!

What online colleges have a payment plan is a common question regarding getting an online degree if you want an online college or an on-campus school that offers classes online. Most students get some financial aid whether it is directly through a college or from outside funding, but there is plenty of financial aid available. It doesn't matter if you want a bachelor's degree, master's degree, doctorate, MBA, associate degree or other. If you're looking specifically for a payment or repayment plan this is usually the standard way of repaying for a loan.

However there are many ways to get financial aid to go to an online college and you may also be able to go free through various grants and scholarships that are available. The grants are easy to find through the financial aid departments of the college you're considering, Scholarships take a little more research but every year hundreds of scholarships go unawarded. This may take a little more creativity. Many science scholarships are eagerly waiting for applicants for example.

So all colleges have a payment or repayment plan. It usually goes through the U.S. government programs -- federal money that is available such as the Stafford or Perkins loans. There are also many types of education loans available. Those may or may not be of higher interest than the government loans depending but the government loans are usually of lower interest. So checking to see what is available through the financial aid departments is the first step. Then compare rates of interest and the term of the loans. Makes sure to apply for scholarships and grants because many people have gone through online colleges for their degrees successfully, either through financial aid programs or scholarships or grants and sometimes a combination of them which is not uncommon.

Make sure the online college you plan to attend is accredited through the U.S. Department of Education. Most are but you want to make sure. You may want to transfer your credits to another school, college or university in the future. So make sure to check with the schools to make sure they will accept your credits. I always state this warning in the event you attend an online school that is really not accredited. You can be pretty safe if the school is a nationally recognized on-campus university or college also with a well- known name and reputation. But always double-check.

So as to what colleges have payment plans, the answer is they all do. Although as I mentioned the payment may go to the federal government or to some other source of funding such as an education loan. Hopefully you can get some grants and scholarships to get your online degree free or at a reduced cost. You want to make sure to go to the best online school also so make this part of your criteria too.

For more tips and info on avoiding scams, choosing the best online degree program [http://www.OnlineDegreesTips.com] or accredited bachelor's degree online and finding the best online degree scholarships, grants, education loans or financing go to [http://www.OnlineDegreesTips.com] for all types of online degrees.

Article Source: https://EzineArticles.com/expert/Helen_Hecker/23532



Article Source: http://EzineArticles.com/2648278
Are Online Degrees Eligible for Student Loans?

Are Online Degrees Eligible for Student Loans?

Nowadays everything is done online. Be it education, business or marketing slowly things are catching up the internet way. Most of us wish to get a college degree but due to personal circumstances we are unable to fulfill our wishes. We take up a job and start earning to make ends meet. Some of the lucky few are recognized for their efforts at their job and the employer pays for their higher education. The dream of college degree remains a dream and somewhere along the way we lose interest in life. Not any more. Online degrees can help fulfill your dream to become a graduate, post-graduate or even a PhD. Many colleges offer their courses online.

The major advantage of online education is you can work as well as earn. Most of the accredited universities and colleges are offering online degrees. It could be under a graduate program, MBA or post-graduate studies, you can get online degrees from reputed universities online. And the good news is you can also get student loan for the same.

Though the loan criteria for online degree is the same as attending college campus, the college you have selected should be accredited and recognized by the lender. The rest of the procedure is the same. You need to have a minimum GPA in high school of a 3.0 or more. Also filling out a FAFSA and the income of family members, if they are sponsoring you, should be furnished. Remember to give truthful data in the application form. It is deeply scrutinized and if there are any errors your loan will be rejected.

Another advantage of online degree is you can cut a lot of expenses so that your loan amount is kept at a minimum. Traveling to college and expenses for living on the campus are some of the expenses you can avoid. Also online lessons can be stored in your computer rather than buying stationary.

Now with everything going online the Federal Government has recognized online colleges. Before 2006 online degrees were not eligible for student loans. But now Federal Stafford Loan, Perkins Loan and Plus Loan are offered for online degrees also. This is a great way to learn while you earn. Also, women who are pregnant and are on maternity leave can use their time by getting an online degree. This is a double whammy as you are at home taking care of yourself as well as the baby (once it arrives) and you are making use of this time to educate yourself.

Degrees earned from online colleges carry the same weight as traditional institutions, so there will be no difference in your degree. All companies recognize these degrees. So get online and start finding the college that you wish to study at and the course you wish to pursue. You can find all the information you are looking for on the internet. So, start applying now.

Nick Samuel has quite a bit of student loans and enjoys teach other about the pros and cons of getting them for their education. Check out his latest website on a consolidating student loans [http://www.consolidatingstudentloans.net/] and on trying to consolidate federal student loans [http://www.consolidatingstudentloans.net/consolidate-federal-student-loans/]



Article Source: http://EzineArticles.com/5967337
Student Loans - Financial Aid For Online Degrees

Student Loans - Financial Aid For Online Degrees

With the skyrocketing cost of college increasing each and every year, it is a wonder that anyone in our recess of the economy is actually going to school. The answer to this may be that more and more people are taking out student loans. This is a sad consideration in that in just a few years, the amount of debt that each person will know in this country will increase by billions of dollars. To avert this, there are other sources of financial aid for online degrees that you may want to look into before taking out any kind of a loan.

There are many people that think nothing of spending a few thousand dollars on their credit card. Likewise, there are people that will not bat an eye taking out $50,000 for a masters degree just to complete their college education. Many of these people do not have a choice. They are barely able to find the time to go to college and finding other sources of income or payment for college may not be in their agenda.

One of the best ways to finance any type of college is to look for financial aid that pertains to your area of focus. For instance, if you are a science major, you may want to go to your credential advisor or financial aid at your university and asked them to help you find scholarships and grants that are related to your field of interest. Some of them can even direct you to people that can help you fill out this paperwork. This will allow you more time in your day to prepare for college that is just about to begin.

Another way to pay for college is to be work-study. Depending upon your degree, there may be several opportunities that allow you to not only earn extra money to help you during college, but this time can also be used in regard to earning your degree as time spent in the field. Taking out student loans is usually a bad idea. It is convenient and allows you to go to college without worries. The problem is that after you have achieved your degree, you will be burdened with at least 10 years of payments because of your time in college.

If you can find a way, do anything you can avoid a Stafford loan or other school related loans. Interest rates alone will hurt you and if you cannot pay them, you will go into default and this will look poorly on your credit record. The best way to go is to find some form of financial aid through the college itself. Talk to advisers and look for scholarships and grants that are available. And at the very least, if you can apply for it and receive it, the Pell grant will cover most of the cost of your college and to you earn your baccalaureate degree which will save you tens of thousands of dollars over the course of your college career.

To find out more information on student loans for college [http://www.get-college-aid.com/apply-for-free-government-loans.php] go to: [http://www.get-college-aid.com].



Article Source: http://EzineArticles.com/3203670