Lots of people who choose to enrol on distance learning degree courses do so later in life. This can be due to a number of different reasons such as being disenchanted with their current careers or being made redundant.
If you want to learn online when you’ve got a lot of other commitments, things can be difficult financially.
One of the great things about distance learning degree courses is that you can fit the studying in around your job or other regular activities. This gives you the opportunity to keep earning money while you study for your new qualification.
In the rest of this article we’ll look at some of the financial considerations when you’re contemplating learning online.
· How will you pay for your course?
Most distance learning course providers will have a choice of payment options. For shorter courses, you may be able to afford the full amount in advance, but for degrees, monthly instalments may be the most suitable option for you.
Since an online degree is a big commitment, it’s wise to make sure you can afford the monthly costs comfortably from your monthly income.
· Money saved on tuition fees
University tuition fees are rarely out of the headlines at the moment. With some establishments charging up to £9,000 per year, the prospect of leaving University in £36,000 of debt is not a pleasant one.
As a result of this rise, many people are choosing to study for degrees online instead while they build up some valuable work experience in their chosen sector.
In addition to saving on tuition fees, you will also save on travel costs by studying at home. When you work out how much daily travel could be from your home to University and back, you’ll appreciate even more what good value for money distance learning degree courses are.
· Future earnings
Another financial consideration is the salary level you can expect upon successful completion of distance learning degree courses. Of course, that’s not the only consideration, as things like job satisfaction and doing something you’re passionate about are also important.
· Exam and assessment fees
With most distance learning degree courses, when you learn online there will be additional fees to pay for exams and assessments. It’s always worthwhile finding out in advance how many exams/assessments you’ll need to take and the cost for each. You should then factor this into the overall investment in your degree course.
Author Bio: ICS Learn http://www.icslearn.co.uk/ has partnered with Edinburgh Napier University and the University of East London to provide a wide range of online degrees ranging from subjects such as social care through to business management.