Online Colleges That Accept FAFSA – You may not get the same level of financial aid or assistance from an online college as you would from a regular university.
The vast majority of college financial aid programs, including federal and state grants, operate the same way, whether you enroll in an online or on-campus program.
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In most cases, online colleges and universities accept the same forms of federal financial aid as traditional institutions.
Penn Foster, for example, is uniquely accredited compared to other online schools. Students attending these online schools can apply for federal student aid using the FAFSA, or apply for free federal student aid.
Although most colleges and universities offering online courses offer only a small percentage of on-campus classes, you are still eligible for almost all federal financial aid programs, including Pell grants and subsidized loans.
The University may charge less than the normal tuition for an online class, but may not provide a lesser amount of federal financial aid in addition to a regular grant or loan.
Are there colleges that accept FAFSA applications online?
Well, it’s a hard fact that when it comes to full-time and online colleges, you’ll find only a few that accept the FAFSA. It is not that hard to find online colleges that accept FAFSA. There are still some online colleges that accept the FAFSA.
Where to find online colleges that accept the FAFSA
The United States Department of Education has granted accreditation to a variety of online schools, but this status is only good for a predetermined amount of time for each school. If you are unsure as to whether or not your school is accredited, you should look it up in the database of accredited institutions that the Department maintains.
Search the accreditation database to find out if a school meets the requirements for participating in Title IV or receiving FAFSA funds. Search for the institution's name, and you'll be able to see information about the institution's accreditation and program.
Your school's name or unique federal school code can be searched if it is on the DE's Title IV participating school list. Make sure your FAFSA award is listed on their website if you plan to use it for online college education.
Online college financial aid: what's available?
Federal student aid is available to online schools with regional accreditation through the Free Application for Federal Student Aid (FAFSA). Federal grants, including Pell Grants, and federal student loans are available to you when you apply for a FAFSA.
The FAFSA form can also be used to determine how much financial aid, including scholarships, will be provided by states and schools. It is best to complete the Free Application for Federal Student Aid (FAFSA) if you are planning to apply for both federal and non-federal forms of aid, since you will have access to all other federal forms.