nFnpxq

Accredited Online Colleges That Accept FAFSA

  • School Finder

    Accredited Online Colleges is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

While online learning has made college more accessible to many students, the cost remains a significant issue. That’s why, if you’re planning to pursue an online degree, it’s important to understand the Free Application for Federal Student Aid (FAFSA).

The FAFSA is your ticket to accessing financial aid from the federal government. It can open doors to a range of financial aid opportunities, and the best part is that You don’t have to be a traditional, on-campus student to benefit from it.

However, not all online colleges accept FAFSA, so it’s crucial to know which accredited institutions are eligible. This post will help guide you through finding accredited online colleges that accept FAFSA and explain how to apply for financial aid.

Related:

What Is FAFSA and Why Does It Matter for Online Students?

FAFSA is a form you fill out every year to see if you’re eligible for financial help with college. It opens doors for millions of students who might otherwise not be able to afford college. This can include:

  • Pell Grants: These are need-based grants that don’t have to be repaid.
  • Work-study: A program that allows you to work part-time while in school, usually in jobs related to your course of study.
  • Federal student loans: These loans usually have lower interest rates than private ones, and repayment options are more flexible.

Schools, states, and even some other programs use your FAFSA info to figure out what kind of financial aid you qualify for and how much you’ll get. So, if you’re planning to attend a U.S. or Canadian school (or even a school abroad) for any degree program, you’ll need to submit the FAFSA each year to be considered for federal aid.

Now, for online students, the importance of attending online colleges that take FAFSA can’t be overstated. Many online colleges qualify for federal financial aid, but only if the U.S. Department of Education accredits them.

How to Tell If an Online College Accepts FAFSA

So, how can you spot accredited online colleges that accept FAFSA?

Here’s what to look for:

  1. Accreditation Status – A recognized agency must accredit the school. These are agencies that the U.S. Department of Education approves. This accreditation means that the college meets certain academic standards and is eligible for federal financial aid. You can check the college’s website or look up its accreditation status on the Department of Education’s website.
  2. Eligible Programs – Not all programs are FAFSA-eligible. A certificate program, for example, may not qualify for federal aid, whereas a degree program likely will. Double-check that your specific program is eligible for aid.
  3. Federal School Code Lookup Tool – You can search for FAFSA accepted online degree programs through the Federal School Code Lookup Tool on the FAFSA website. It will help you verify whether or not a particular online school is eligible.

IMPORTANT REMINDER: Be wary of schools that aren’t accredited or ones that offer “scholarships” that don’t seem to be connected to FAFSA. If you’re unsure, it’s always worth doing extra research to avoid potential scams.

Benefits of Choosing an Online College That Accepts FAFSA

Pursuing the best online colleges that accept financial aid helps you set yourself up for success in more ways than one. Here’s how:

  1. Federal Grants (No Repayment) – The best part about federal grants like the Pell Grant? You don’t have to pay them back. It can significantly reduce tuition costs, making education much more affordable.
  2. Lower Student Loan Interest Rates – Federal student loans come with lower interest rates compared to private loans. This can save you money in the long run.
  3. Work-Study Opportunities – Even if you’re studying remotely, you might qualify for a work-study position. Many schools offer online work-study programs or partnerships with local businesses, which means you can gain valuable experience while earning money.
  4. A Solid Academic and Financial Record – By attending an accredited institution, you’re earning a degree that employers recognize. Plus, your financial aid history will be recorded properly, which can help when you apply for jobs, further studies, or other financial aid in the future.

Top 5 Accredited Online Colleges That Accept FAFSA

Now that you know the basics, let’s take a look at some of the top FAFSA-approved online schools. These schools are well-respected and accredited, offering a wide range of programs to choose from.

1. Southern New Hampshire University (SNHU)

  • Accreditation: New England Commission of Higher Education (NECHE)
  • FAFSA-Eligible Programs: All programs
  • FAFSA Code: 002580
  • Key Features:
    • Over 200 online degree programs
    • Dedicated financial aid officers/counselors to help you through the process
    • Flexible learning options for students with different schedules
    • Great for both undergrad and graduate students

2. Western Governors University (WGU)

  • Accreditation: Northwest Commission on Colleges & Universities (NWCCU)
  • FAFSA-Eligible Programs: Bachelor’s and Master’s degrees
  • FAFSA Code: 033394
  • Key Features:
    • Flat-rate tuition, meaning you pay one price for as many courses as you can complete in a term
    • Competency-based learning model (progress at your own pace)
    • Focus on degrees in high-demand fields
    • No residency requirements

3. Arizona State University (ASU Online)

  • Accreditation: Higher Learning Commission (HLC)
  • FAFSA-Eligible Programs: Wide range of bachelor’s and master’s degrees
  • FAFSA Code: 001081
  • Key Features:
    • Known for its strong online programs and resources
    • Excellent career services and job search assistance
    • Access to a huge network of alumni
    • Great for students who want a solid academic foundation and a good ROI

4. University of Florida Online (UF Online)

  • Accreditation: Southern Association of Colleges & Schools Commission on Colleges (SACSCOC)
  • FAFSA-Eligible Programs: Wide range of undergraduate and graduate programs
  • FAFSA Code: 001535
  • Key Features:
    • Competitive tuition rates for in-state and out-of-state students
    • Ranked among the top public universities in the U.S.
    • Strong academic reputation and career resources
    • Excellent student support services

5. Purdue University Global

  • Accreditation: Higher Learning Commission (HLC)
  • FAFSA-Eligible Programs: Undergraduate and graduate programs
  • FAFSA Code: 003964
  • Key Features:
    • Designed with working adults in mind
    • Offers prior-learning credit evaluation so that you can get credit for work experience
    • Variety of online programs, including in-demand fields like business, IT, and education
    • Great financial aid and career support resources

How to Apply for FAFSA for Online College

Here’s how you can strategically apply for accredited online universities with FAFSA:

  1. Create an FSA ID. This is your login for the FAFSA website. You’ll use it every time you submit or update your application.
  2. Gather your documents. You’ll need your tax documents, W-2s, and other financial records. Having these on hand will make the process smoother.
  3. List your schools. When you fill out your FAFSA, you can list multiple schools. Make sure you include the FAFSA code for each school you’re interested in.
  4. Submit early. Some aid is given on a first-come, first-served basis, so it’s best to submit as soon as possible.
  5. Wait for your aid award letter. After submission, you will be receiving a Student Aid Report (SAR), and your chosen schools will review it and send you an aid award letter.

Common FAFSA Mistakes Online Students Should Avoid

  • Listing Only One School – You can list up to 10 accredited online colleges that accept FAFSA. If you’re still deciding, don’t limit your options.
  • Assuming You Won’t Qualify for Aid – FAFSA is open to all U.S. citizens and eligible non-citizens, regardless of whether you’re going to school online or on-campus.
  • Missing Deadlines – Keep track of FAFSA deadlines. Submit early to maximize your chances of receiving the aid you need.
  • Not Reapplying Every Year – You need to apply for FAFSA every year. Don’t forget to renew your application!
  • Not Confirming Eligibility – Always double-check online colleges eligible for FAFSA. Some short-term programs or certificates might not qualify.

Other Financial Aid Options for Online Students

Online schools that qualify for FAFSA are great. But they’re not the only way to get financial help for your education.

  • State-Based Grants or Scholarships – Many states offer their financial aid for online college students, so check with your state’s higher education office.
  • Employer Tuition Reimbursement – If you’re working while studying, your employer will possibly offer financial assistance for your education.
  • Institutional Scholarships – Some online colleges offer their scholarships, so be sure to research what’s available.
  • Military and Veteran Education Benefits – If you’re a veteran or an active-duty service member, there are specific education benefits available.

Conclusion

FAFSA isn’t just for traditional students. Online learners can—and should—take advantage of it, too. And if you’re wondering how to use FAFSA for online college, the process is the same as applying for traditional schools. Please ensure that you list your online school’s FAFSA code.

Don’t wait—apply for FAFSA early and explore all your financial aid options. It could be the key to unlocking your dream degree!