For many individuals, pursuing an online education is a convenient and flexible way to further their academic and career goals. However, the cost of tuition and other expenses can sometimes be a barrier to accessing higher education. Fortunately, there are numerous scholarships available for online learners that can help alleviate the financial burden and make achieving a degree more attainable.
From merit-based scholarships to need-based grants, there are a variety of financial aid options for online students. By taking the time to research and apply for these opportunities, students can unlock valuable resources to help fund their education and reach their full potential. In this article, we will explore some of the scholarships available for online learners and provide tips on how to increase your chances of securing financial aid.
Merit-Based Scholarships
Merit-based scholarships are awarded to students based on academic achievement, extracurricular activities, leadership qualities, and other accomplishments. These scholarships recognize students who have demonstrated excellence in their academic pursuits and reward them for their hard work. Online learners can often qualify for merit-based scholarships by maintaining a high GPA, participating in clubs or organizations, or excelling in specific subjects.
One example of a merit-based scholarship for online learners is the Jack Kent Cooke Foundation’s Undergraduate Transfer Scholarship. This scholarship is awarded to outstanding community college students who plan to transfer to a four-year institution to complete their bachelor’s degree. Recipients receive up to $40,000 per year for up to three years to cover tuition, fees, books, living expenses, and other educational costs.
Need-Based Grants
Need-based grants are awarded to students based on financial need as determined by completing the Free Application for Federal Student Aid (FAFSA) or other financial aid applications. These grants provide assistance to students who may not have the financial resources to pay for college on their own. Online learners can apply for need-based grants to help cover the cost of tuition, books, supplies, and other educational expenses.
The Pell Grant is one example of a need-based grant available to online learners. The Pell Grant is awarded by the U.S. Department of Education to undergraduate students who demonstrate exceptional financial need. Eligible students can receive up to $6,495 per year (as of 2021-2022) towards their college expenses. To apply for the Pell Grant and other need-based grants, students must complete the FAFSA form each year.
Specialized Scholarships
In addition to merit-based scholarships and need-based grants, there are also specialized scholarships available for online learners pursuing specific fields of study or career paths. These scholarships are designed to support students in disciplines such as STEM (Science, Technology, Engineering, Mathematics), healthcare, business, education, social work, and more. By targeting these specialized scholarships that align with their interests and goals, online learners can maximize their chances of receiving financial aid.
One example of a specialized scholarship is the Women Techmakers Scholars Program offered by Google. This scholarship provides funding and networking opportunities to female-identifying students pursuing degrees in computer science or related fields. Recipients receive $10,000 USD (for those studying in the US) or $5k CAD (for those studying in Canada) towards tuition costs as well as access to a supportive community of fellow scholars.
Tips for Securing Financial Aid
To increase your chances of securing financial aid as an online learner:
- Research scholarship opportunities early: Start looking for scholarships well before you plan on starting your program so you have time to prepare strong applications.
- Apply for multiple scholarships: Cast a wide net when applying for scholarships and grants by submitting applications for several opportunities.
- Showcase your achievements: Highlight your academic performance, leadership qualities,
and extracurricular activities in your scholarship applications. - Pursue external funding sources: Look beyond your school’s financial aid offerings
to external organizations that may offer additional scholarship opportunities.
