If you are planning on doing a distance learning degree, you probably have started a search for online education loans. After all, unless you have a rich uncle or you are rich yourself, you are going to need student financial aid. This is nothing to ashamed about, over 60% of students who attend colleges across the USA have accessed some form of education financial aid.
But if you are searching for “online education loans” – you may want to do yourself a favor and extend your search a little. This is because education financial aid is available to students of distance education colleges and traditional campus-based colleges. Individual online schools may offer financial assistance to their students but there are a lot of other student aid options available to students who want to study online.
For example, federal loans and grants are available to students who attend accredited distance learning universities. “Accredited” is the key word here because federal student loans and grants are not available to students who attend unaccredited institutions. There are a lot of bogus online colleges (aka diploma mills) that are more than happy to sell you fake degrees.
Diploma mills are a total waste of time and money. You might find it next to impossible to get that dream job if you only have your fake diploma to impress your prospective employer with. Individual states also offer grants and other financial aid to students attending accredited education institutions.
Private grants and scholarships are also given to students pursuing certain degree programs – even if such programs are pursued online. Bottom line, don’t limit your search for student financial aid to “online education loans”. It makes better sense to do a search for “student financial aid.” If you do that – you’ll see not only loans, but grants and scholarships that you can access.