Online education is often praised for its flexibility, but one of its biggest advantages is cost savings. While tuition varies by institution and program, online degrees typically cost 30-60% less than traditional on-campus options when factoring in hidden expenses like housing, transportation, and campus fees. Below, we break down the key cost differences in an easy-to-compare table, followed by answers to common affordability questions.
Cost Comparison: Online vs. Traditional Classes
| Expense | Online Classes | Traditional Classes | Key Notes |
|---|---|---|---|
| Tuition (Annual) | $9,350–$18,000 | $10,560–$27,020 | Public online programs often 30% cheaper (EducationData.org) |
| Technology Fees | $100–$500/year | Included in tuition | Covers LMS access (e.g., Canvas, Blackboard) |
| Course Materials | $50–$200/course | $100–$400/course | E-books save 50%+ vs. print (CollegeBoard) |
| Housing | $0 (home) | $8,000–$15,000/year | Biggest savings for online students (NCES) |
| Transportation | $0–$200/year | $500–$3,000/year | No commute/gas/parking fees |
| Meal Plans | $0 | $2,500–$5,500/year | On-campus dining costs add up |
| Campus Fees | $0–$200/year | $500–$2,000/year | Online students skip activity/athletic fees |
| Total Annual Cost | $9,700–$19,000 | $22,000–$55,000 | Online saves 40–60% (U.S. News) |
Sources
– EducationData.org – Tuition averages
– CollegeBoard Textbook costs
– NCES Housing/transportation data
– U.S. News – Online vs. traditional cost analysis
How Much Does Online College Cost Per Semester?
Most accredited online programs charge between $300 and $700 per credit hour, making a typical 15-credit semester cost:
- Public universities: $4,500–$9,000
- Private universities: $7,500–$15,000
- Community colleges: $1,500–$3,000
Source: BestColleges
What Online University Has the Cheapest Tuition?
Top Budget-Friendly Options:
- Western Governors University – $3,975 per 6-month term, unlimited credits
- University of the People – Tuition-free, with $120–$240 course fees
- Valdosta State University (Georgia) – $169 per credit for in-state students
Scholarships for Online Students: Key Opportunities
There are some scholarships available for certain online programs so you can pursue an online degree with financial aid. Many scholarships are now tailored specifically for distance learners. Below are some of the best options available. We have included application links for easy access.
General Scholarships for Online Students
These scholarships are open to students enrolled in accredited online programs, regardless of field of study.
- Affordable Colleges Online Scholarship
Amount: $1,000
Eligibility: Enrolled in an accredited online program
- Distance Learning Scholarship by Study.com
Amount: $500
Eligibility: Part-time or full-time online students
Field-Specific Scholarships
Some scholarships are available for students pursuing particular fields of study through online programs.
- WGU Cybersecurity Scholarships
Amount: Up to $5,000
Eligibility: Enrolled in WGU IT or cybersecurity programs
- ASU Online Business Degree Scholarship
Amount: $1,500–$3,000
Eligibility: ASU Online business majors with a GPA of 3.0 or higher
Employer and Military Discounts
If you’re working or connected to the military, these opportunities can significantly reduce tuition costs.
- Amazon Career Choice
Benefit: Covers 95% of tuition at select online schools
Eligibility: Amazon employees
- MyCAA Scholarship for Military Spouses
Amount: Up to $4,000
Eligibility: Spouses of active-duty U.S. service members
State-Based Scholarships
Some states offer scholarships for residents enrolled in online programs.
- Florida Virtual Campus (FLVC) Scholarships
Amount: Varies
Eligibility: Florida residents in accredited online programs
- California Online College Grant
Amount: Up to $2,500
Eligibility: California residents at state-approved online schools
There are ways you can employ to find more scholarship opportunities online. First point is to start by checking your target school’s financial aid page using a simple search like “[University Name] + online scholarships.”
While you on the results pages check dedicated scholarship databases such as Fastweb and Scholarships.com for additional options, and don’t forget to ask your employer (if you are employed) to get about possible tuition reimbursement programs.
If you want to be tech savvy you can make use of targeted online searches using Google search operators like: “Accredited online degree scholarships [year] site:.edu” for laser focused results. Also, If you want to maximise savings in online learning programs, you need to apply early and consider negotiating tuition rates. Note that some schools are willing to match competitor offers.
FAQs
Do online degrees qualify for federal financial aid?”
Yes! Accredited online programs (IV-eligible) qualify for FAFSA loans/grants. Check a school’s accreditation at studentaid.gov/school-search.
Can I negotiate tuition for online degree programs?
It can be doable with some courses however most public schools rarely negotiate, but private online colleges may match competitors’ rates. You can always check with the financial aid office.
What’s the cheapest regionally accredited online university
Western Governors University (WGU) at $3,975/6-month term (unlimited credits). Please verify the institution for accreditation at chea.org.
Are there scholarships just for part-time online students?
Yes! You can check the following:
Study.com Distance Learning Scholarship
eLearners Scholarship for Working Adults
How do employers verify online degrees?
- Via Accreditation (via CHEA or DOE databases)
- Validation of Transcripts/diploma (identical to on-campus)
- Direct contact with the school’s registrar.
Can I use military benefits for online degrees?
Indeed! The GI Bill® covers accredited online programs. You can compare schools at vets.gov/education.
Do online students pay out-of-state tuition?
Often no. Many public schools charge flat rates (e.g., UMass Online), but check exceptions like Penn State World Campus.
What’s the fastest way to finish an online degree cheaply?
Competency-based programs (e.g., WGU, SNHU) + credit for prior learning (CLEP/DSST exams).
Are there free online degrees that are legit?
Only University of the People (tuition-free, but $120–$240/course fees). Search, verify and get details for specific courses at uopeople.edu.
How to avoid scams when picking an online university?
To avoid falling for scams you need to watch out these red flags:
- No regional accreditation
- Degrees in weeks” promises
- Unverifiable contact info.
- Undisclosed whois data for the website domain
The critical part of your due diligence is to always cross-check with CHEA.org.
Final Thoughts
Online degrees aren’t just flexible—they enable you to advance your education and career in a financially smart way. As a professional seeking to leverage e-learning for professional development you can cut housing, transportation, and campus costs and can save thousands while earning the same accredited credentials as on-campus peers.
For the best deals, prioritize public in-state schools, competency-based programs (like WGU), and tuition-free models (like UoPeople).
All the best in your endeavors.