March 28, 2023

In case you’re serious about going to varsity on-line however you’re fearful that you just received’t be eligible for a similar of sort of monetary assist that you just’d get at a conventional faculty, relaxation straightforward.

Most accredited on-line faculties and universities settle for the identical federal monetary assist as brick-and-mortar colleges. That implies that college students at many on-line colleges will usually be eligible for assist from FAFSA, the Free Utility for Federal Scholar Assist. Nevertheless, some on-line colleges, resembling Penn Foster, have a distinct sort of accreditation and don’t settle for federal monetary assist. 

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On-line colleges that settle for FAFSA

Some common on-line colleges that settle for FAFSA embody:

On-line colleges that do not settle for FAFSA 

Well-liked on-line establishments that do not settle for FAFSA embody:

Here is the quick reply: A go to to a college’s website online can flip normally up this info shortly. Simply go to the monetary assist web page. Or, simply name the monetary assist division.

Here is the extra in-depth reply: Most on-line colleges that maintain a regional accreditation – which is similar accreditation held by conventional, brick-and-mortar faculties – settle for federal monetary assist. On-line colleges that maintain a nationwide accreditation usually do NOT settle for FAFSA.

With any on-line studying choice, it is all the time clever to test that the varsity has an applicable accreditation. Accreditation is essential not solely due to monetary assist, however as a result of it ensures that this system you’re enrolling in meets the minimal requirements set by the U.S. Division of Schooling.

See additionally: Penn Foster On-line School Evaluate

In case your faculty is just not accredited, chances are you’ll find yourself spending some huge cash on a level that few employers acknowledge as respectable.

To make sure that your faculty is accredited, go to the U.S. Division of Schooling’s database for accreditation and kind in your faculty identify. 


 You may then view accreditation standing for all the faculty’s places. Here is an instance for The College of Arizona World Campus (UAGC).


Click on in your desired campus to view its accreditation. If the varsity is online-only, click on on its foremost location or headquarters. Right here is the consequence for The College of Arizona World Campus (UAGC).

dapip-example-2Accreditations for colleges that settle for federal monetary assist are usually issued from regional commissions. (You may click on on the accreditor identify to study extra about them.) 

What sort of monetary assist can I get for on-line school?

FAFSA, in any other case generally known as the Free Utility for Federal Scholar Assist, is the principle option to get federal pupil schooling assist for any on-line colleges with regional accreditation. Your FAFSA software will qualify you for federal grants, such because the Pell Grant, and federal pupil loans. 

FAFSA can also be typically used to find out state- or school-based assist, resembling scholarships, so it is best to fill it out even in case you assume you will not qualify for federal assist. 

Take a look at our useful question-by-question information for filling out the FAFSA.  


You may also apply for scholarships and grants for on-line faculties. Make sure to communicate to the monetary assist division to seek out out about all your choices.  Keep in mind, it is all the time sensible to get all of the “free cash” you possibly can earlier than you resort taking out pupil loans. 

And in case you do want pupil loans, it is clever to max out your federal pupil loans earlier than taking out personal loans. Federal loans are usually at a decrease rate of interest and include more-generous protections in case you discover that you just’re unable to make your month-to-month funds after commencement.

What’s subsequent?

Focused on exploring on-line school choices? Take a look at our latest roundup of the 20 Most-Reasonably priced On-line Bachelor Diploma Applications.