Federal Loans for Online Schools

Discuss Financial Aid Options and Resource to finance your online education program.

Postby Ms. Stafford on Wed Jun 03, 2009 4:00 pm

I know that you can get Federal loans for online school as long as the school participates in the Federal loan program. What I have often wondered is how I get the funds or how the funds are disbursed if there is not technically a campus or financial aid office? Does anyone have experience with this?


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Postby onlinegal on Fri Jun 05, 2009 3:36 pm

I think it works the same way as a regular school. Even though the classes are online the school still technically has a financial aid office that the loans get sent to. they certify the loans and apply them to your account then send you any refunds.


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Re: Federal Loans for Online Schools

Postby ryxin on Mon Nov 02, 2009 3:56 am

hey what if the school didn't participates any of federal loans? i think its not a big deal,.
can u let me know if how important is that for online schools??
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Re: Federal Loans for Online Schools

Postby edvadmin on Mon Nov 02, 2009 3:35 pm

If the school, online or other, does not participate in the federal loan program than you can not get a federal loan. In those cases scholarships, www.studentscholarshipsearch.com and www.scholarshippoints.com and private loans, www.privatestudentsloans.com are your best bet.
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