 Online Degree - Universities & Colleges - Financial Aid
2011-11-22
Until 2006, United States students enrolled in online degree programs were not eligible for federal student aid unless at least half of their program was campus-based (a law established in 1992 and known as the 50-percent rule).
In February 2006, that law was repealed, making federal student aid in the form of federal loans, grants, and work-study available in the U.S. for students enrolled in an eligible online degree program at an accredited Title IV-eligible institution.
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