The idea of loan debt can be pretty terrifying for most students of traditional or online universities. In theory, federal student loans can be great for those looking to pay for offline or distance learning degrees, but in reality they don’t cover the entire costs and most of the times, students end up graduating from their degree program with tens of thousands of dollars in debt.
This is a student’s worst nightmare – having to spend years paying back college loans. Private loans are even worse for those enrolled with offline or online classes. They come with extremely high interest rates, fees for late payments and other disadvantages that makes it hard to consider them as viable options.
So what are students of traditional or online universities to do when faced with the high fees of a degree program? They should focus on searching for scholarships.
Whether you need a little help or a lot, there are tons of opportunities available to help you offset the cost of your offline or online classes.
But be prepared to devote some time to researching and applying for these funding opportunities. Even so, in the long run scholarships for students of offline and online universities are totally worth the effort.
As a student enrolled with a degree program, you should bear in mind that some scholarships have a simpler application process than others. Students of traditional or distance learning degrees are probably aware of the fact that most funding programs require a lot of documentations including CV, letters of recommendations and lengthy letters of intentions. But some scholarships only require a small part of what we mentioned above.
Here’s an example. The Asian Pacific Fund is offering the Growing Up Asian scholarship, a funding opportunity targeted at future students of on-campus or distance learning degrees of Asian minority including: Chinese, Filipino, Indian, Japanese, Korean, Vietnamese, etc. Applicants need to be in grade K through 12 at the time of the application.
In order to apply, future students of offline or online classes must submit an art piece, essay or video in which they describe what it is like to grow up Asian in America.
The deadline is set for March 2, 2018 and only residents of Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano or Sonoma Country are invited to apply.