What's the lowest cost distance master's program that offers Federal Financial Aid?

Discussion in 'General Distance Learning Discussions' started by iquagmire, Oct 30, 2004.

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  1. iquagmire

    iquagmire Member

    What's the lowest cost distance master's program that offers Federal Financial Aid?

    Thanks in advance.
     
  2. -kevin-

    -kevin- Resident Redneck

    I think this is one of the cheaper:

    http://iit.ches.ua.edu/index.html

    You may want to do a search on the schools in Kansas at:

    www.chea.org

    I worked on this effort a while back but didn't figure on the financial aid aspect but the following are pretty reasonable,

    University of Illinois-Springfield
    Amberton University
    Southwest Missouri State university
    Mountain State University

    Bellevue University, University of North Alabama, University of Northern Arizona are all around $300 per credit.

    You can also check in at www.bain4weeks for a list that may help.

    Good luck,
     
  3. tmartca

    tmartca New Member

    Amberton does not participate in Federal Aid programs.

    Taken from Amberton U Website:

    FINANCIAL AID
    Amberton University's philosophy is low cost in order to enable the students to "pay as they go" and not incur long-term debts. For this reason, the University does not endorse or participate in any type of federal or state loan program. For students having acceptable credit references, the University offers a convenient loan program. Also, major credit cards are accepted as payment for an account. Please refer to the Schedule of Classes for details.

    http://www.amberton.edu/Finan.htm
     
  4. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

  5. samkiwi

    samkiwi New Member

    I checked out quite a few...

    I have just begun a Masters at Western Governors University where the charge is about $2600 for 6 months and there is Federal funding. It is competency based - which I like as I already have some of the competencies needed.

    I also liked Grand Canyon University at about $11,000/yr - a good established university with an easy program. I chose WGU for the depth of the program and the price - plus it is the only university in America that is accredited in 4 different states.

    http://www.wgu.edu
    http://www.gcu.edu
     
  6. BillDayson

    BillDayson New Member

    Wouldn't it make more sense to specify the field of study first?

    CSUDH's external MA in humanities currently charges $175/semester unit. (It was $140 when I was a student.) $175/unit x 30units = $5,250.

    Students are eligible to apply for federal direct loans.

    http://www.csudh.edu/hux/finaid.html
     
  7. Guest

    Guest Guest

    FSU may be an excellent choice for you as you are in Florida.

    Their distance learning offerings are here .

    It is also of note that as a Florida you are a member of the SREB Academic Common Market in which all students are offered in state tuition rates.
     
  8. beachhoppr

    beachhoppr New Member

    I am not sure it is an "easy" program...

    From what I am hearing, it is quite demanding.
     
  9. DaveHayden

    DaveHayden New Member

    Hi

    I was under the impression that at the graduate level the only financial aid programs are loans, assistantships, and scholarships. If that is correct, Fed. Fin. Aid may be much less important than you might assume. It would be great if others could comment on this. Thanks!
     
  10. tmartca

    tmartca New Member

    I was under the impression that at the graduate level the only financial aid programs are loans, assistantships, and scholarships. If that is correct, Fed. Fin. Aid may be much less important than you might assume. It would be great if others could comment on this. Thanks!


    Hi Dave,

    I am in a MBA program at a local CSU and I received a university grant from the state that covers about 70% of my tuition. The rest of my aid is from federal Stafford loans (subsidized and unsubsidized).

    As far as importance, if you don't want any debt then federal financial aid doesn't mean much for grad students. Prior to my first year, I didn't work and did not file taxes. I had no income and still did not get federal grants. However, I received about 13K in loans. You can receive up a total of $18,500 per year in Stafford subsidized and unsubsidized loans. This isn't chump change. For me, I work full time and take two classes per term (this qualifies as full-time student status at my school it will be different depending on the school that you choose) and I don't mind getting 15.5K in state and federal aid even if this increases my debt payable.

    Additionally, I was looking at the DL Masters program in Transportation Management from San Jose State. I asked their financial aid department about receiving aid for this program. They stated that I would only be eligible for federal loans. No state university grant. I would not be surprised that this is the same for similar DL programs at other CSU campuses. I couldn't tell you about any other state or private universities.

    In sum, federal aid is vital for my grad students, especially students who do not have assistantship/fellowships and work outside the university.
     

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