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Whether you’ve already enrolled in an online college, or have started to consider online higher education, it’s important to know what types of financial aid are available to you. If you’ve ever attended a traditional brick-and-mortar college, you may be familiar with some of the financial aid options for students: scholarships, grants, federal or private loans, and work-study programs. You may not be aware of the fact that many online institutions offer these same types of aid to their online and distance learners.
Attending college online may also offset the general cost of education by eliminating the need for room and board and providing the flexibility necessary for students who want to attend college while working full-time.
As with any decision about your education, it’s important to do research on the institution or institutions you are interested in attending and to talk with a financial aid counselor when possible.