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Can I get federal student loans for a second bachelor's degree (in fine arts/graphic art)-- and is that possible via distance education?

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Asked by artsypreneur Tuesday Feb 19th 2008 in Student Loans
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Hi Artsy,

Yes, you can get federal student loans for your second bachelor degree. However you probably will not be able to get an federal student aid such as a pell grant for that second bachelor degree.

These days you have lots of options for in terms of financing for your education. The government offers quite a bit of options such as the (e.g., Stafford and Perkins loans) under which you have the Federal Direct Loans (most common for single students) and the Federal Family Education Loans, there are parent loans (e.g., PLUS loans) and finally private student loans including companies like Sallie Mae, and a litany of other private companies.

Now, you can get federal loans and private loans for your distance education just like you would if you went to school. There has been significant changes in the last few years to open up federal grants and loans to distance learners. I encourage you to check out these two articles on our site.

About the Student Loans Issues Today

http://www.distance-education.org/Articles/Navigating-the-College-Student-Loan-Minefield-9.html

What Laws Your Need to Know as an Online Student

http://www.distance-education.org/Articles/What-Laws-Do-You-Need-To-Know-As-A-Distance-Learner--3.html

About Free Federal Aid and Federal Student Loans

http://www.distance-education.org/Articles/9-Ways-To-Earn-Free-Or-Borrowed-Money-To-Attend-College-Online-4.html

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