Because most online universities want to manage your grants and loans and if there is anything left over, they just take those funds and put them towards the next class. Nothing is ever left over. The point I am trying to get at is, if there is a 100, 200, 300 level class that I need and the community college offers it, I'd rather take it at the community college becuse it is waaaayyyy cheaper. Who else has done this?
The best source is the web and here you can research site of grants.gov and also refer to the CFDA or Catalog of Federal Domestic Assistance that is published by the US General Services Administration. These are the best sources for acquiring all the information of the Government grants and loans.
The way to do this is talk to the online college BEFORE you enroll in the class to be sure the school will accept it and count it towards your degree. Sometimes they don't transfer all courses people take.
You can't get fin aid from two schools at once, but "occasionally" a school will honor the enrollment status of another school. For example, being half time at one school will only get you a half time financial aid package. However if they both agree they can honor say, your half time enrollment at BOTH schools to give you a full time financial aid package. Just so you know, not all schools are up to the idea of doing this, an online school would be even less likely...
My advise to you if you ever want ANY money left over from your financial aid is to simply transfer to a NON-online school. Its a 10th of the cost and you will actually get money to live off of back from your financial aid.
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