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Financial Aid for Online Colleges

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Minimum Qualifications
  • Accredited public or private not-for-profit institution
  • At least 3 online associate degrees or certificate programs (2-year schools)
  • At least 3 online bachelor’s or master’s degrees (4-year schools)
  • Annual in-state tuition below $3,000 (2-year schools)
  • Annual in-state tuition below $12,000 (4-year schools)
Ranking Metrics

  • Average in-state net price for first-time/full-time undergraduates
  • Count and breadth of online programs available
  • Student-teacher ratio
  • 6-year graduation rate (4-year schools only)
  • % of beginning, full-time undergrads receiving scholarship/grant aid from the college
  • Average $ of financial aid students receive directly from the college
  • Availability of academic/career counseling services
  • Availability of job placement services for students and graduates
  • 3-year loan default rate
  • AC Online Peer-Based Value (PBV)*

Data Sources

  • Most recent “Final Release” data available as of October 2017

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$12,500 In 1996

$33,000In 2014

66% of students with loans

College Costs Rising & Student Debt Ballooning

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