Online Colleges Offer Cash Boost for Enrollment

Financial Considerations and Real-World Examples

When considering an online college, it's crucial to evaluate the total cost of attendance against the potential cash incentives. For example, Southern New Hampshire University frequently offers scholarships and grants that can reduce tuition costs significantly¹. Similarly, Arizona State University provides various financial aid options to online students, including need-based and merit-based scholarships².

It's also important to be aware of the long-term financial benefits of earning a degree online. According to the National Center for Education Statistics, individuals with a bachelor's degree earn approximately 66% more than those with only a high school diploma³. This potential increase in earnings can quickly offset the initial cost of obtaining the degree.