Going to college is definitely one of the best experiences in life. But it can also be one of the most straining. Unfortunately, a traditional or online college degree can cost enough to affect your finances even years after you?ve finished your offline or online education.

The key to avoid a scenario where you pay for a loan you?ve taken in college, years after you?ve received your traditional or online education diploma, is to start applying for student grants, as soon as possible.

Students of on-campus or distance learning programs are equally eligible to receive funding. And sometimes, those enrolled with online college degree programs can have a bit of an advantage over their traditional counterparts. And that?s because some scholarship programs are targeted exclusively at students of online college courses.

Another thing to consider here is that distance learning programs might be easier to fund than regular on-campus programs. How so? Well online college courses tend to be more affordable, of course.

Not only will you be able to find an online college degree that is less expensive than traditional counterparts, but by adhering to online education you?ll be able to save on additional expenses. For example, you won?t have to worry about room & board expenses, or spending extra money on studying materials.

This means, that at least in theory, you?ll be able to save more money towards your online education tuition.

Now, even as distance learning programs are more wallet-friendly, some students might find they still need a helping hand when it comes to paying for their online college degree. If that?s the case for you, then you should start looking for student grants.

Student grants are free money that don?t have to be repaid once you?ve graduated from your online college courses. This is why they are the best alternative when it comes to financial aid.

Below you?ll find a scholarship example which is perfect for students enrolled with an online college degree.

It?s offered by online-accounting-degrees.net and obviously it?s targeted at students enrolled with a four-year bachelor degree in accounting.

If that?s you, then you will need to visit the scholarship website and fill out the application form with your personal details.

What?s more, you will have to submit the following documents:

• Cover letter
• Resume
• Two letters of recommendation
• 1 essay (max 500 words) in which you tell the scholarship jury which you?ve chosen an accounting major
• Official transcripts and ACT/SAT scores

The scholarship is worth $1,500 and will be awarded two times a year. The deadlines for applying each year are April 30 and November 30.

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