The cost of online degrees is seemingly on a constant rise. If you are seeking a postsecondary online education but the prices veer you away, there are many options available that will allow you earn a higher education with a lower price tag.
Financial aid amounts awarded to college students
According to the National Center for Education Statistics, the average amount of financial aid awarded to full time undergraduates was $12,700, with dependants receiving an average of $13,100. Independent undergraduates were awarded $11,700, and part-time undergraduate received $5,800. The cost of online degrees varies by school, but any college education is a big financial undertaking, especially for recent high school graduates. Regardless of the total amount of tuition you owe, these are large sums of money that will help you pay for school at the current time. Keep in mind; you must re-pay the loans according to the terms agreed upon.
Percent of students taking online courses
An important figure to remember courtesy of the National Center for Education Statistics, 20 percent of all undergraduates took at least one distance education course. Four percent of those students took their entire undergraduate educations online. This being said, it is understood that these students were able to receive financial aid, so remember that whether you are attending a traditional campus college, or the ever popular online college, you should fill out the FAFSA form to determine whether or not you are eligible for a loan.