Getting a business degree is always a good investment, but it requires a lot of money even when you are making it online. An average online business degree costs about $30,000 and this is sufficient amount of money that not everybody can afford. What possible income sources you can find to support such undertake?
The fastest way if you are really big optimist, is to take a loan. But in long-term plan it may be not the brightest idea, you’ve ever had. There is another way, it’s usually slower and not 100% sure to succeed, but it worth trying – searching for and getting student scholarships. Plural because if you search carefully you will find that some grants allow combining or receiving additional amounts of money through other scholarship programs.
In this sense the online universities are no different from the ordinary ones. They can also present you with information and offers for possible grants. Fr example, if you want to get MBA, you need to go through the standard application: fill FASFA, write all needed essays, application letters and so on. But what grants exactly can work for you?
Except the federal grants for online education that we mentioned in another one of our materials, you should also keep in mind these couple of options:
- The scholarships of AMVETS National Service Foundation.
There is one special condition to apply for these grants: you need to be daughter or son or grandchild of or be veteran/active military yourself. Also you are eligible if you are descendant of diseased veteran. Not all programs are applicable to online education but The Henry G. Huestis and Dr. Aurelio M. Caccomo Memorial Scholarship are.
- Grants and scholarships of Moody Bible Institute.
Moody Bible Institute offers long list of scholarships with different amounts and conditions. You can take a look at their award list here: http://www.moody.edu/uploadedFiles/EDU/Website_Assets/Files/Financial_Aid/Moody_Scholarships_and_Grants_List.pdf
Zonta International gives these awards to women enrolled in business management educational program (both master’s degree and undergraduate students are eligible). You are not eligible if you are member or employee of Zonta. Every region where there are Zonta clubs offer awards of $1,000 and also the organization gives twelve $7,000 awards to international students.
Look for other opportunities once you’ve chosen a school that you want to attend. Don’t forget that many private organizations offer awards.