Online learning has become a popular way of obtaining education in recent years.
However, the cost of attending an online college can be high, especially for struggling students. Fortunately, several online colleges pay you to go to school, making education more accessible to everyone.
Let’s check what online schools offer financial incentives to students.
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What Online Colleges Pay You to Go To School?
Western Governors University
Western Governors University is one of the most well-known colleges that pay its students to attend. The university offers competency-based learning programs, meaning students can progress through their coursework at their own pace.
The faster students complete their courses, the less they pay tuition fees. In addition, the university offers scholarships and grants to students who demonstrate financial need. WGU also has partnerships with various employers, meaning students can receive financial assistance from their employers to cover their tuition fees.
Southern New Hampshire University
Southern New Hampshire University is another online college that pays its students to attend. The university offers a program called “The College for America,” designed specifically for working adults who want to earn a degree while continuing to work.
The program is competency-based, meaning students can progress at their own pace. Students are charged a flat fee of $2,500 per year, and there are no additional fees for textbooks or course materials. In addition, the university offers scholarships and grants to students who demonstrate financial need.
University of the People
The University of the People is a non-profit institution offering students tuition-free online education worldwide. The university offers undergraduate and graduate degree programs in business, computer science, and education.
The goal of the school is to provide quality education to anybody who wants it, regardless of their financial standing. There are no tuition costs at this school; however, there is a nominal application fee and a per-course assessment fee. Nonetheless, students in financial need may apply for scholarships and grants via the institution.
Purdue University Global
Purdue University Global is an accredited online institution that provides degrees in various disciplines, including business, healthcare & technology. The university’s “Excel Track” program is tailored to students who want to move quickly through their studies.
Each six-month term has a set price, and students may take as many classes as possible within that time frame. In addition, students who show financial need may apply for scholarships and grants from the school.
University of Illinois at Springfield
Other accredited universities, such as the University of Illinois at Springfield, provide financial aid to online students. Some degree options, including those in computer science teaching and public health, are available entirely via the university’s online platform.
Through the Illinois in Washington program, students may receive academic credit for an internship in the nation’s capital. Moreover, students with financial needs may apply for university-funded scholarships and awards.
Considerations Before Enrolling
Before enrolling in an online college that pays you to attend, several things must be considered. These include:
- Accreditation: Make sure a reputable accrediting agency accredits the online college you choose. Accreditation ensures that the college meets certain quality standards and that the credits you earn will be transferable to other institutions.
- Program Offerings: Ensure the online college offers degree programs in your area of interest. Research the faculty and course offerings to ensure the program is high quality.
- Financial Aid: Research the financial aid options offered by the college to ensure that you can afford tuition and other educational expenses.
Types of Financial Incentives
Online colleges that pay you to attend offer various types of financial incentives to students. Some of the most common incentives include:
Scholarships and Grants: These are funds awarded to students based on merit or financial need. Online colleges may offer scholarships and grants to cover the cost of tuition, fees, and other educational expenses. These funds do not need to be repaid and can significantly reduce the financial burden of attending college.
Work-Study Programs: Some online colleges offer work-study programs that allow students to work part-time while attending school. These programs provide students with a source of income to help cover tuition and living expenses.
Tuition Reimbursement Programs: Some employers offer tuition reimbursement programs to college employees. This can be an excellent opportunity for students already working to earn a degree while getting paid.
Loan Forgiveness Programs: Some online colleges offer loan forgiveness programs to students who agree to work in certain professions after graduation. These programs can help students pay off their student loans and make pursuing a career in a high-demand field easier.
Benefits of Online Colleges
One of the most significant benefits of online colleges is flexibility. Online courses allow students to complete coursework independently and at their own pace. This especially benefits students with other commitments, such as work or family responsibilities. Online courses are also ideal for students who live far from their college or have mobility issues that make it difficult to attend classes on campus.
Individualized approaches to education are made possible through online learning. Online learning allows students to choose their own pace & return to previously completed lessons as often as they want for further study. Multimedia presentations, discussion boards, and digital simulations are some learning tools available in today’s online courses.
Students may benefit from earning their degrees online, and several companies now provide workers with online degrees the same opportunity for promotion as those with regular degrees. And since students may get their degree online even while maintaining a full-time job, they can obtain valuable work experience in addition to theoretical knowledge.
Attending an online college can be a great way to obtain a degree while balancing other commitments, such as work or family. However, the cost of attending an online college can be a barrier for many students.
Fortunately, several online colleges pay students to attend, making higher education accessible to everyone. Whether you’re looking for a competency-based program, a tuition-free education, or an accelerated degree program, options are available.
By taking advantage of these opportunities, you can earn a degree and improve your career prospects without breaking the bank.
Hi, I’m Ashley a freelance writer who’s passionate about personal finance. Ever since I was young, I’ve been fascinated by the power of money and how it can shape our lives. I’ve spent years learning everything I can about budgeting, saving, investing and retirement planning. So if you are looking for tips, advice, or just a little bit of inspiration to help you on your financial journey, you have come to the right place. I am always here to help, and I am excited to share my passion for personal finance with you.
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