Offline education can be costly for a variety of reasons. One of the biggest advantages of online schooling is its cost-efficient schooling and learning. For example, there are no travel expenses. Combined travel-related expenses, such as fuel, parking, car maintenance, and public transportation costs do not affect the online student. In the past, traditional offline schools were really expensive and non-budget-friendly, be it travel costs or uniforms and other things that students needed in offline schooling.
Covid pandemic
Many families took a huge hit in this deadly pandemic both in an emotional and financial way. A lot of people lost their jobs and many were laid off. In these times affording a costly education was really difficult for many families and students were asked to drop studies.
The generation of students is facing a crisis — many cannot afford to go to college. That means we must do everything we can to ensure that our children receive a good, affordable education. And fortunately, online colleges and universities do just that. Online schools offer low-income students a clear advantage: They can get the education they need at a much lower cost.
Overall lower costing
Many attendees are aware of the cost of online classes. While online students can pay the same amount of tuition per credit as campus students- and those who want certificates, they do not pay for college housing or catering programs. Students also save time and money by taking a trip to work.
Other cost savings include cheap textbooks, especially if online readers can buy digital versions. As long as online students are taking on enough credit to qualify for full-time scholarships, they can apply for financial aid programs, such as grants and loans. Most colleges also allow online graduates – certificate holders, to apply for institutional assistance, including need-based grants and tailored courses.