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6 Tricks Online Colleges Use to Appear Less Expensive
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated Consumer Reporting Team  |  March 08, 2010   
 
Online universities don't need to pay for buildings, so they should be cheaper, right?Cost of Education

Not necessarily.

Some online universities are, in fact, much more expensive than traditional, campus-based schools—but they may lead you to believe the opposite is true, through a variety of subtle means.

Here are six college pricing tricks you may encounter. Don't be fooled by them!
Learn the six tricks some colleges may try to play to make their programs look less expensive
 
Best Tax Deductions for Online Education
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated.com Consumer Reporting Team  |  January 05, 2010   
 
tax deductions for online educationLooking to save money on online college costs? You may be able to deduct some—or all—of what you spend on distance learning from your income tax bill by using education tax deductions.

Tax deductions are subtracted from your income. They may reduce what you owe the IRS by putting you in a lower income category.
Learn more about saving money through education tax deductions
 
Best Tax Credits for Online Education
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated.com Consumer Reporting Team  |  January 05, 2010   
 
Uncle Sam is helping students with a hoUncle Sam Giving Moneyst of tax credits—including a new, expanded education credit as part of the federal stimulus program.
 
Tax credits save you money by cutting the amount of income tax you owe.

As you work through your 1040 or 1040EZ form and calculate your adjusted gross income, you will see what your tax is, based on the chart the IRS provides. You can subtract your tax credit directly from your tax bill, reducing the amount you must pay the government.

For example, if you look up your adjusted gross income in the tax chart and find that you owe $4,000, and you qualify for $2,500 in education tax credits, you can subtract $2,500 from $4,000—meaning you will only owe the government the difference ($1,500).
Learn which education tax credits you may qualify for
 
4 Ways to Get Your Boss to Pay for Your Online Education
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated Consumer Reporting Team  |  December 28, 2009   
 
Need money Boss Giving Money for Online Educationfor school? Check with your employer.

Many companies have tuition assistance benefits that cover at least part of the cost for higher education. Some even pay for your children and spouse to get educated.

A recent survey by the Society for Human Resource Management found that 63 percent of companies offered undergraduate educational assistance and almost as many—59 percent—also covered graduate education.

The number of employers offering these benefits has dropped slightly over the past few years and some companies plan to discontinue or reduce such benefits next year.

Still, it's worth your while to check to see if your company provides educational assistance.
Read four tips to get your boss to pay for your online education
 
7 Ways You Can Save Thousands by Going to College Online
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated Consumer Reporting Team  |  December 14, 2009   
 
Saving money
You can save thousands of dollars by going to college online instead of on-campus.

Here's how:

1) No dorm fees or high apartment rents

By studying from home, you’ll avoid all college room and board fees. Cost savings can be substantial, especially if you live in an area where apartment rents are lower than the rents typically charged in residential college towns. If you live with your parents or with a significant other you’ll save even more.

Not living on a traditional campus saves you an average of $10,000 annually, according to the National Center for Education Statistics.
Read more ways online education can save you money
 
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