Grants for Online Degrees

College grants are often referred to as free money, but there are strings attached since most grants are given by government agencies or non-profit groups. Grants are available to students taking classes at online universities, but the university must be accredited. You will also need to fill out a Free Application for Federal Student Aid (FAFSA).

Types

Federal Pell Grants may be a way to pay for your undergraduate online degree. The amount is based on full-time or part-time status and dates of attendance.

Function

For students with exceptional financial need, there is the Federal Supplemental Educational Opportunity Grant (FSEOG).

Potential

Students who qualify for the Pell Grant and attended an academically rigorous high school program may qualify for the Academic Competitiveness Grant.

Identification

College juniors and seniors majoring in science, math or technology may be eligible for the National SMART Grant.

Considerations

Many universities--including those online--will offer grants for particular groups such as women and minorities. Universities also offer grants for students studying specific fields such as computer technology.

References

• Grants from the Government
• Undergraduate Grants

Resources

• FAFSA