How do you get financial aid for on-line colleges?
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I am currently attending the University of Phoenix online. I'm going to obtain my Associates in Business Administration. I've taken out financial aid and loans to help pay for my schooling. Feel free to email me with anymore questions that you have.
BTW, With UofP online, you take 2courses for a 9week period. It takes 20months to complete a assocs degree. I love the fact knowing I can do my homework whenever I want and don't have to worry about being away from my munchkins.
I was a online college student but it didnt work for me. I need a physical school to learn. I do wish you luck though. I also am an adult student and I can tell you its not easy. But make sure that your school is accredited. Some of these online schools arent. Make sure to check the BBB also before applying. That will save you on the heartache later. As far as financial aid goes you can apply here. http://www.fafsa.ed.gov/ This will get you going for Federal financial aid. One thing about the online schools is most offer the loans instead of grants. I was able to get a Pell grant but not much the rest was Stafford loans. You can also go to www.fastweb.com www.collegebound.com and www.scholarships.com Also make sure that your credits will transfer first before leaving your current school. You dont want to leave and find out nothing will transfer. The financial aid is the same with online schools as it is for traditional schools so you should have a problem BUT the only thing I see a problem with is transferring your current aid to another school. I think it is possible but not 100%. Good luck with your senior year.. Hope I helped some.
This isn't what you want to hear but most employer's aren't going to take one of those online degree programs seriously. Nothing in life is easy, including college, you only have one more year so just stick it out.
If the school you want to attend doesn't qualify for federal funding and financial aid--YOU SHOULDN'T BE GOING THERE. That means it's not accredited.
Call the school that you are interested in attending and ask the easiest way to start your financial aid there. You cannot use FA at two different schools at the same time, so if you had student loans out to your current school, and you're supposed to be receiving more there, you need to either call the school to cancel them or your lender to cancel them before you can start new FA at a new school. Also make sure that you have any outstanding balances paid off to that school so that your transcripts can be released. Check your new school's accreditation-they need some kind of MAJOR accreditation in order to receive Title IV funding from the Federal Government. (FFELP Stafford Loans). Most places are accredited with the Southern States Commission on Higher Education, or the Middle States Commision on Higher Education,etc. CHECK THEM OUT FIRST! And don't believe that other guy with the whole employer bit and them not accepting degrees from Online Schools. I work at Strayer University in the Financial Aid department, and guess what?? I got my AA degree from Saint Leo University ONLINE! So yes, those degrees are accepted-mostly because "Online" schools have an actual campus SOMEWHERE. If you have not reached your Aggregate Limits (the max. you can take out for Stafford Loans), then you should be able to apply for FA anywhere you want to go-as long as you cancel the disbursements of your other loans to your other schools first!
Here's FA in a nutshell: The Federal Government has made this Grand decision that every single person in America is entitled to a Higher Education, and, as such, they have entitled everyone to money (Stafford Loans) that they can use to obtain this Higher Education. The Aggregate Limits (Max you can EVER take out) are:
For an Undergraduate (Freshman, Sophomore, Junior, or Senior) $46,000
For a Graduate (Master's Doctorate, etc)
$93,000
For a GRAND TOTAL of $139,000 that you can borrow to obtain your education.
If you haven't hit that limit, (and you can check if you have a FAFSA PIN # on www.nslds.ed.gov) then you'll be fine.
Hope this helps. You do what you need to do-and if that's attend a college full time, 3/4 time, or 1/2 time ONLINE, then so be it. At least you're trying to better yourself.
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