Archive for March, 2010

How to Earn Scholarships for Online Degree Programs

Tuesday, March 23rd, 2010

By Olivia Coleman

Online scholarships have become easier to earn in recent years largely due to the 2006 Congressional bill that allowed online schools to receive federal funding.  Since this point, many more schools have opened up and many students have been able to receive federal Pell Grants and student loans through the government.  This has opened up vast opportunities for students in the online education world and has in turn opened up many opportunities for online scholarships as well.

Scholarships are a direct representation of the amount of funding any type of school receives, both from the government and private donors.  For-profit institutions, however, have difficulties in accruing money for scholarships since their endowment comes solely from their students.  However, the Congressional bill which was passed allowed for-profit institutions to receive a larger amount of funding, and therefore the means to expand their degree programs and their student base.  This has had an enormous affect on the amount of students who have enrolled in online institutions and their ability to earn a degree.

Online scholarships have thus become a direct result of federal funding to for-profit educational organizations and have slowly emerged in the past years.  Many range according to the school’s degree programs and acceptance rates, and are still hesitantly growing.  Online schools which have the most scholarships are typically traditional schools that have ventured into the online education community.  These schools offer many scholarships to any student who enrolls in their degree programs and many of these schools have been able to influence other online schools in their own financial aid areas.

Earning online scholarships for different degree programs is pretty similar to scholarships in traditional schools.  Most scholarships are based on good academic standing and other types of educational involvement in high school, which is what online universities consider as well.  Federal types of student aid additionally offer another type of monetary buffer for most students and help cover what other scholarships may not reach.  These federal funds normally look at students’ backgrounds, their financial situations, and their academic outlook.  As long as you are taking more than three hours of courses, you will qualify for most federal funds.  Most scholarships, however, require that you be enrolled at least full time (the amount of hours varies according to the school, but traditionally is over twelve hours).  Depending on what grades you have made throughout your academic career and your goals in your academic future, you will be able to secure many scholarships and federal funds for a further education. 

Why are Online Colleges and Universities More Popular than Ever?

Tuesday, March 16th, 2010

By Olivia Coleman

Online colleges and universities have experienced a jump in the past few years, largely due to the congressional bill which allowed federal funds to be handed over to online universities, but also due to the economic situation many of us have found ourselves in.  The economy has been the biggest influence for many students to attend online colleges, because many of them have found themselves in a lurch which they cannot easily get out of.  Online education offers many of them the option to gain a further education without paying thousands of dollars for the costs.

Online colleges and universities are for-profit institutions, which means they are able to charge less in their tuition and offer a greater selection of degree programs than most state schools.  Because of this aspect, online colleges have attracted a large amount of students from across the nation, many of whom would never have previously considered earning a college degree.  It is amazing what a few wires can do in the long run.  However, the economy has had a large influence on students of online education, mainly because it offers a cost-efficient alternative to earning MBAs and simple Bachelor’s Degrees, most of which would require four years of education which would result in outrageous loan payments.

Online education has the flexible alternative of allowing students to take classes when they want, and nearly pay what they want to pay.  The cost of online colleges is ridiculous compared to the cost of most state schools, and especially private schools, but the degree is exactly the same.  While you are not able to receive the same face to face interaction that traditional classroom education serves you, you will earn the same degree which will be able to earn you a further career option.

Online education has rapidly gained steam with many educators as it has procured a new option for students who otherwise would never have considered college.  A better education nation will inevitably lead to a better career-oriented nation, one which will be able to meet any challenges which may befall us in the coming years.  Education is more than simply earning a degree, but about learning the steps to grow more educated about certain topics.  Online colleges and universities have these resources available to their students and offer so much more in the future.  This is the new world for college for so many students and as soon as we realize the massive benefits that have occurred, the better off we all will be.