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Financial aid for online degree
Until recently, students enrolled in online degree programs were not eligible for federal student aid unless at least half of their program was campus based (a law established in 1992 and known as the 50-percent rule). In February 2006, that law was repealed and now federal student aid in the form of federal loans, grants, and work-study is available in the U.S. for students enrolled in an eligible online degree program at an accredited Title IV-eligible institution.
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