Lehi, Utah (PRWEB) October 04, 2013
Students are expected to experience a delay in receiving Federal Direct Loans and Pell Grants as the government shutdown impacts the Department of Education’s ability to process financial aid applications.
The government shutdown has caused the Department of Education to furlough 95 percent of its employees, and although it is attempting to continue operating as normal, students should anticipate a long wait period before receiving financial aid funding. At best, students may have to delay enrollment until the wait period subsides. A worst-case scenario is students avoiding enrollment entirely.
“They would be put on hold completely,” Lynnette Perkins said when asked how her plans for college would change if she were unable to receive financial aid. “I rely on not only Pell Grants but also student loans as well.” As a college student with four children at home, Perkins requires financial aid to pursue her degree.
To assist those that may be negatively impacted by the government shutdown, Cheaponlinecolleges.org identified five cost-effective alternatives for students who are affected by financial aid delays.
1. Negotiate deferred payments
2. Enroll in a MOOC
3. Take a Straighterline Course
4. Sign up for a CLEP exam
5. Take an ed2go course
“One size does not fit all for each of these alternatives,” said Hannah Reid, Editor of Cheaponlinecolleges.org. “Some provide transfer credit, some are free and some have costs attached, but all costs are nominal compared to the cost of attending college. Since each individual’s circumstance is unique, Cheaponlinecolleges.org breaks down the pros and cons of each of these alternatives to ensure those affected find the right solution for themselves.”
For more information, please contact SherRon Marcek at (801) 705-4918
Cheaponlinecolleges.org is commitment to higher education and the belief that college can be affordable. By providing quality information on important topics related education, Cheaponlinecolleges.org has become valuable resource for students who are looking for ways to attend college inexpensively. For more information, please visit http://cheaponlinecolleges.org. Twitter: @CheapOLColleges