Scholarships

Financial AidFinancial aid can come in numerous forms. Scholarhips, grants, loans, and tax credits are some of the sources available, to those who qualify, to help you pay for your tuition. Without a doubt, the so-called "free money" is the first place you should start. On this page and in ajoining pages, you will find lots of helpful information on where you can find the applications and go about the process of financing your education. These applications are available at a number of federal and private websites. In addition, you should also pursue both federal and private student loans in order to help you fill the funding gap between the cash you put in and the scholarships and grants you might receive.

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Tuition Assistance Program for the Military

Tuition Assistance program for the military-free online degrees

Most military branches want you to be active or on reserve in order to qualify for tuition assistance- going to school online is an ideal way to complete your degree. Many online colleges and universities provide a solid educational foundation for people of all ages, backgrounds, and experiences. Last year, the United States had over 1.4 million active military members who offered their skills to support defense. Many of these professionals wanted to expand their education and complete their degree. It comes as no surprise that these professionals also wanted flexibility of scheduling and getting their degrees online is one of the best choices.

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Yellow Ribbon

yellow-ribbonMore Money for Veterans

The Yellow Ribbon Program comes under the post 9/11 GI Bill. Private colleges and universities can enter into dollar matching agreements with the U.S. Department of Veterans Affairs to cover any outstanding tuition and fees above those covered by the base GI Bill benefit. Soon even public colleges or universities can enter to cover the costs of non-resident veterans or those enrolled in more expensive programs such as law or business. The American Council on Education is confident a significant number of public and private institutions will be participating in the Yellow Ribbon Program.

 

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Scholarships

Scholarships are a common form of financial aid

Similar to grants, scholarships are sources of funding (or other promised aid) gifted to students to pursue their graduate or undergraduate education—no repayment necessary. While college scholarships are granted for a variety of reasons, the most common are student merit, financial need, athleticism, ethnicity and field of study. Although scholarships do not need to be repaid, some are awarded with certain stipulations (such as enrolling in a particular field of study or working with a certain organization).

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Veterans Benefits

Veterans Can Easily Fund an Online Degree

The new GI Bill makes online education even more affordable for veterans.

Post 9/11 Veterans Educational Assistance Act of 2008:

Who qualifies: honorably discharged veterans who served in the armed forces on or after September 11, 2001 who have at least served 90 days or had a service connected disability for 30 days. For full benefits, the serviceman must have served at least 36 months. Servicemen/women who have completed 3 to 35 months of active duty will receive partial benefits. Servicemembers have fifteen years to claim these benefits. Veterans must be pursuing a degree; certificate programs are not eligible.

How it Works: With help from the “Yellow Ribbon Program”, the government and a participating private institution/out of state college share the cost of tuition. Up to $2,000 will be paid for certification testing as well as an annual stipend of $1,000 to pay the cost of books and other education related expenses. Up to four years of tuition assistance will be provided.