The escalating tuition costs at many colleges and universities in the last several decades have become a significant concern for students and their families. These rising costs can burden students with substantial debt and financial obligations, impacting their financial well-being long after graduating and earning their degree.
These large tuition fees have prompted students to seek affordable alternatives that provide quality education without breaking the bank. Consequently, many students are now exploring less expensive college alternatives to pursue their academic goals while maintaining their financial stability.
One alternative gaining popularity is pursuing an associate degree in business administration online, which offers cost-effective solutions compared to many traditional in-person degree programs.
At Campus, we offer an associate degree in business online, with classes taught by professors who also teach at top schools in the country, all at community college costs. Our online model also provides students with the flexibility they need to succeed by allowing them to study from wherever they need to be. Our program is completely online and cost-effective, allowing students to earn their degrees from anywhere in the world without having to take on mountains of debt.
So now, let’s delve into how you can save money by getting an associate degree in business administration online, its advantages, and a few practical tips for students to save money on their overall educational journey.
Getting Your Associate Degree in Business Online Saves You Money
Earning a degree in business administration can be a significant investment for your future, opening doors to a wide range of career opportunities. However, the cost of education can often be a deterrent for many aspiring students.
That's where getting an associate degree in business online can make a remarkable difference. Not only does it offer the flexibility and convenience of remote learning, but it also presents numerous financial advantages that can significantly reduce your overall expenses.
If you are planning to pursue an associate degree online, you can save money in various ways, from eliminating housing and commuting costs to reducing tuition fees and expenses on textbooks and course materials.
Moreover, online education also allows you to balance your studies with your work schedule, minimizing the need to sacrifice valuable work opportunities for the sake of your education.
So, let's dive in and discover how you can save money while pursuing your dreams in the field of business. You will realize the immense financial benefits that online learning can bring, making your journey towards a business degree not only affordable but also financially savvy!
Lower Tuition with Full Access to Financial Aid Packages
With the advancement of technology and the widespread availability of high-speed internet, online education has emerged as a viable and cost-effective alternative to traditional classroom-based learning. Online programs offer the flexibility to study from anywhere, eliminating the need for commuting and new housing expenses, and often come with reduced tuition rates.
On top of that, traditional on-campus programs often come with additional costs such as facility fees, parking fees, meal plans, and extracurricular expenses. Online students can avoid these extra costs, resulting in significant savings.
Typically, to make your out-of-pocket tuition costs lower than ever, you can also apply for financial aid packages.
So, are you eligible for financial aid packages if you are not attending traditional institutions?
Yes! Attending school online does not take away your eligibility to apply for financial aid.
Federal financial aid programs, such as grants, federal loans, and work-study options, are available to eligible students regardless of whether they choose in-person or online education.
The Free Application for Federal Student Aid (FAFSA) remains the key application process for accessing federal aid. By completing the FAFSA, students can determine their eligibility for federal grants like the Pell Grant, which can significantly reduce their tuition costs.
For instance, students who are a part of our online program can still apply for financial aid opportunities. By exploring online education options and understanding the full range of financial aid packages available, students can discover affordable pathways to achieve their academic goals. We have a handy financial aid dictionary to make things easier for aspiring students to understand some financial aid jargon they ought to be familiar with as they navigate aid. Students who qualify for the full Pell Grant award have the chance to enroll in our business program with zero out-of-pocket tuition costs since our program tuition is below the maximum award!
Moreover, many states offer their own financial aid programs to support students pursuing higher education. These state-specific programs can include grants, scholarships, or loan forgiveness options. We highly encourage students to research the financial aid opportunities provided by their respective states, as they can greatly contribute to reducing the financial burden some educational programs may cause.
Campus provides guidance and resources to help students navigate the financial aid application process, including assistance with completing the FAFSA and exploring state-specific aid programs. By leveraging Campus's dedicated support, students can maximize their financial aid opportunities and make their education more affordable. You can reach out to our financial aid office by emailing us at firstname.lastname@example.org.
Save Money on Textbooks and Course Materials
As you are trying to reduce tuition costs and save money by getting an associate degree in business online, you should be thinking of eliminating additional costs that may accrue depending on the needs of your classes. More specifically, we’re talking about the cost of purchasing required textbooks and course materials.
According to the College Board, the average college student spends more than $1,200 on books and materials. These costs can quickly accumulate, making it challenging for students to afford all the necessary materials for their courses every term. In fact, approximately 65 percent of college students have chosen not to purchase the necessary textbooks during their time in college due to the high costs involved. Having anxiety around these recurring expenses can definitely put a damper on your overall student experience.
So, how can you save money here?
When it comes to saving money on textbooks and course materials, online business degree programs like Campus provide all eTextbooks and course materials at no additional cost! Our online business students receive a new laptop and mobile WiFi access if they don't already have access to high-speed internet, too!
If you are taking your associate degree in business administration online with Campus, you can just rely on digital learning resources, which significantly reduces the need for expensive textbooks and printed materials. You can also access e-books, online libraries, and multimedia resources as needed. We thought about these costs and want to have your back.
Save Money by Not Commuting or Living in a Dorm
Another great example of saving money by earning an associate in business administration online is the opportunity to save money on commuting and any general added living expenses. Traditional colleges often require students to commute to campus or live in dormitories, incurring additional costs on top of tuition and course materials.
Commuting to a traditional college campus can be a significant financial burden for students. Expenses such as fuel costs, parking fees, and public transportation can add up quickly, especially for students who have long distances to travel each day. By opting for an online business administration degree program, students can eliminate these expenses entirely. Without the need to commute to a physical campus, students can save a significant amount of money that would have otherwise been spent on transportation.
Living in a dorm is a common choice for many traditional college students, too. However, room and board expenses can be substantial and contribute significantly to the overall cost of education. The exact costs of dormitories can vary depending on the institution, location, and type of housing. For example, in some states, the average annual cost of room and board at public four-year institutions can range anywhere from a little below $10,000 to $15,000, or even higher at some prestigious universities. According to Education Data, the annual average cost for room and board for on-campus students at public four-year institutions is $11,557.
By pursuing an online business administration degree, students can potentially avoid these expenses altogether.
Take Classes Around Your Full- or Part-Time Work Schedule
Imagine you want to study while working full- or part-time. In most traditional colleges, it can be a little more challenging to work while studying because classes are scattered throughout the week at varying, specific locations and times. But, if you want to continue both studying and working, getting an online degree may be a great choice.
Online classes offer a level of flexibility that traditional classroom-based programs often cannot match. With online business classes, working students have the freedom to choose where they engage in their coursework. The virtual learning environment allows students to access lectures, assignments, and discussions at their convenience, making it easier to fit their education into their existing work schedules.
Many community college students face the challenge of balancing work and education. While specific statistics on the percentage of community college students who work full-time or part-time may vary, it is widely recognized that a significant proportion of community college students juggle employment alongside their studies.
A 2017 study by the U.S. Department of Education found that 63 percent of full-time enrolled undergraduate students who also had jobs worked for more than 20 hours per week. Similarly, 88 percent of part-time enrolled undergraduate students who had jobs also worked for more than 20 hours per week.
If you are a part-time student or are planning to work in the daytime, Campus’s online associate degree in business program lets you attend classes during the evening. The arrangement allows students to work full-time during the day and focus on their studies at night. As you have the opportunity to take classes outside of typical business hours, you can seamlessly integrate your work and educational commitments with less conflict.
Getting your associate degree in business administration online can save you money in several ways. Through an online business degree program like the one offered at Campus, students can enjoy cost savings while receiving a quality education.
By choosing an associate degree in business administration online through Campus, students can take advantage of fair tuition rates, free access to all required eTextbooks and course materials, and the ability to study from wherever they’d like to be – making their education more accessible and cost-effective.
So, if you're ready to advance your education or career and pursue an associate degree in business administration while balancing work and other commitments, request more information today. Explore our online community college program and discover how we can support you in reaching your career aspirations and save you some money in the process.