| One of the frequently asked questions about | | | | potentials prior to enrollment. |
| attaining an education is whether or not financial aid is | | | | Furthermore, online colleges sometimes provide |
| available. This is a very legitimate question to ask in | | | | in-house educational loans to students as well. As |
| regards to online colleges. | | | | with most academic loans, in-house financing is |
| Typically, online colleges participate in many of the | | | | commonly set up for repayment six months past the |
| same grant and loan programs as traditional colleges | | | | date of degree completion. |
| and universities. Financial aid programs, such as the | | | | All online colleges that offer financial aid programs |
| Federal Pell Grant is designed to help students with | | | | usually provide online resources and online applications |
| tuition cost. Another program, known as the Federal | | | | so students can complete all required information via |
| Supplemental Education Opportunity Grant, commonly | | | | the Internet. |
| referred to as "FSEOG," is a grant program that is | | | | In a nutshell, many online colleges afford ample |
| awarded and based on extreme financial need. This | | | | financial aid resources to prospective students to |
| particular grant is often facilitated by students who | | | | encourage enrollment and opportunities for students |
| are seeking a conventional or online degree. | | | | to acquire a higher education without the added |
| Colleges online will frequently take part in loan | | | | aggravation of driving to and from distant campuses. |
| programs like the Federal Stafford Student Loan, and | | | | If you are thinking about enrolling in an Online College |
| additional loan programs as well. Just like any | | | | to attain your education or would simply like to learn |
| traditional schools, online colleges will provide | | | | about some of the programs that they offer, feel |
| information to students about filling out the FAFSA | | | | free to visit the Distance Learning Directory at for |
| (Free Application for Federal Student Aid) online, and | | | | more information. |
| encourage prospective students to do so. | | | | ©09/15/2006 - Online Colleges: Is Financial Aid |
| Another great opportunity that online colleges | | | | Available? |
| provide for their students is scholarship funding. Yes, | | | | By C. Bailey-Lloyd for Media Positive Communications, |
| even a number of online colleges award scholarships | | | | Inc., Managing Organization for Notice to Publishers: |
| to students based on fund availability, amount of | | | | Please feel free to use this article in your Ezine or on |
| applicants and student GPA. Students that are | | | | your Website; however, ALL links must remain intact |
| seeking an online bachelor degree or masters may | | | | and active. |
| wish to review individual online colleges for scholarship | | | | |