Thursday, 4 February 2010

online courses in the states

Many adults are going back to school to earn a college diploma with the expectation that this will open more career opportunities for them and enable them to earn more. Students attending an online school face the same financial challenges as students in a traditional school. The following are some of the options available to help them pay for college: Deferred payment plans. Many students are adults who have household bills, medical bills and child-related expenses to contend with. Many online schools accept payment in monthly, quarterly or semi-annual installments. On the other hand, some schools give their students an incentive to make a one-time/full tuition payment by offering discounts up to 50 percent. Another form of the deferred payment plan is to pay per course, instead of on a per-semester or yearly basis. Students must pay the tuition and applicable fees before each course starts. They can also get credit for courses that they have taken in another school, online high school, or for relevant work experience, so that there will be fewer courses to pay for down the road. Authorization to bill a third party. Some employers are willing to subsidize their employees' tuition fees. The same is true for the military/government agencies and their staff. Online schools require third parties to shoulder at least 50 percent of the tuition for this option to be applicable. The student and the employer or military/government agency must agree to certain terms and conditions such as submitting required documentation and payment on time. This includes any amount not covered by the third party, which the student must pay for. Also, this option is valid only while the student is an employee of the third party. Reimbursement by the employer. Some employers do not want to be billed directly, and instead, prefer to reimburse their employee the tuition costs. Online schools usually give students 60 days to collect and submit payment from their employer. Late payments will be charged an additional fee. Scholarships and loans. Students can use these traditional sources to help them finance their online college education. These include private loans and Federal Financial Aid grants or loan programs. Military personnel and their spouses are also eligible for tuition fee discounts in many online schools. The above are just some common ways to get funding for college in an online school. An enrollment adviser is the best person to help students decide on which payment option is suitable for them. The cost should not be a deterrent to pursuing a worthwhile investment such as a college education.

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