Career Opportunities - Home
The Career Opportunities Article
Getting Grants And Loans For Online College

Getting Grants And Loans For Online College

This is Print View - Back to Normal View

How To Get Grants and Loans for Online College


Millions Available In College Students Grants - The government offers millions of dollars in grants, and loans for students each and every year. There are also other resources such as private educational loans and scholorships that all go in to helping you get into college and get your online degree.

High school students with good grades in math, science or critical language courses pay off when they apply for any college, either campus based or online. With scholorships and grants such as Academic Competitiveness and National SMART Grants, it pays to study in high school.

Other grants and loans for online colleges include those like Pell Grants. This year U.S. Secretary of Education Margaret Spellings announced that Pell Grant eligible students can apply for additional grants that provide $790 million in funding for the 2006, 2007 academic year and $4.5 billion over the next five years. These grants are to provide an incentive for students to take more challenging courses in high school and to pursue college majors that are in and will continue to be in high demand in the global economy. Courses such as science, math, technology, engineering and critical foreign languages are the new currencies in our global economy, just as online colleges are the future of education.

This grant is called the Academic Competitiveness Grant. To receive an Academic Competitiveness Grant, college freshmen and sophomores must be Pell Grant eligible and have completed a program of meticulous high school course work as defined by their home state and recognized by Secretary Spellings. Academic Competitiveness Grants provide additional funds of up to $750 for first year college students and up to an additional $1,300 for second year students who complete the high school course work, and are enrolled in a full time college and maintains a 3.0 GPA in college.

Another grant is called the SMART Grant. For SMART Grants, third and fourth year Pell Grant eligible students who meet the requirements of the grant, major in designated science, technology, math or critical foreign languages and maintain a 3.0 GPA will automatically receive up to an additional $4,000 during the 2006-07 school year.

A complete list of eligible majors is available at www.federalstudentaid.ed.gov.


"Develop a passion for learning. If you do, you will never cease to grow."
Anthony J. D'Angelo, The College Blue Book

Comments

There are no comments on this post.

Add a Comment

Allowed tags are: a, b, em, i, p, strong, u; Line breaks are converted automatically.

Suggestions

Title