Most online colleges are relatively cheaper than the traditional colleges which bring about the issue of financial aid. Even if the tuition fees may seem lower, not everyone can afford them. This is why students for online colleges are also allowed to apply and get financial aid just the same as the students in the traditional colleges.
Just like the other students, the online college?s students have to meet the requirements necessary to get financial aid. They will also be required to make an application which may be approved or denied.
Students will enjoy the same benefits as the regular students. Loan repayment also remains the same for all students.
Age isn?t a barrier when it comes to online colleges. As long you are through with high school, it doesn?t matter if you are 19 years old or even 50 years old; you can attend the colleges.
Source: http://www.capitalviewpoint.com/reference-and-education/online-colleges-financial-aid/
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