Online College
Education Network
(OCEN)
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Financial Assistance for Distance Learning
There are various financial assistance options for those who wish to obtain a certificate or degree through distance learning.
Federal Financial Aid
If the cost of an education is holding you back
from reaching your goals, find out whether you
are eligible for federal financial aid. Financial
aid can come in the form of a grant, bursary,
work-study program or student loan.
If you would like to get additional information on the financial aid programs available check out the U.S. Department of Education's web site. There is also a toll free number you can call for information at 800-4-FEDAID.
Eligibility
for Financial Aid
- Possess a high school diploma, GED or pass a test approved by the Department of Education
- Enrolled in a degree or certificate program
- Possess U.S. citizenship or be an eligible non-citizen
- Have a Social Security number
- Able to register with the Selective Service if required
- Maintain satisfactory academic progress if accepted
Distance Education Demonstration Program
Online education is seeing a surge of students
who want to enjoy the freedom and flexibility
that distance learning offers. Recognizing this,
congress established the Distance Education
Demonstration Program under the Department of
Education. In order to enjoy the benefits of
this program you must find out whether or not
the distance learning facility you would like
to apply to qualifies for financial aid.
Federal Aid Programs
If the online college you want to be a part
of is eligible for federal aid you should then
check which programs are available for funding.
You may also want to check out any financial
aid programs for distance learning offered by
your state. For example, in Canda, you can use
the Human
Resources Development Canada which offers
financial assistance programs.