By Scott Manning
Posted March 23, 2011 09:59 AM
The high cost of postsecondary education prevents many adults from pursuing a degree. However, a growing number of organizations are seeking to make higher education more affordable.
This week, Regent Education announced the launch of a program that will help prospective students determine the cost of a college program. According to a press release, the company partnered with StraighterLine – a provider of online education – to create Regent SNAP, which provides degree seekers with real-time answers to questions about college costs.
“In today’s marketplace, answering questions about available financial aid in real-time can transform initial interest into actual enrollment,” said Randy Jones, CEO of Regent Education. “Our solution offers students a meaningful answer in about 15 minutes or less-compared to current turnaround times of days or even weeks.”
Straighterline,
Online Education Provider Offers Program To Calculate College Costs which has partnerships with approximately 20 colleges and universities, will provide students with an estimate for the likely amount of tuition assistance they will receive.
Sallie Mae – a provider of student loans – reports that more than $168 billion in financial aid was available during the 2008-2009 academic year.