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New Federal Program Offers Students Aid for Nontraditional Education
The New York Times: Hoping to offer more alternatives, particularly to low-income students considering substandard for-profit colleges, the Education Department is unveiling a pilot program on Wednesday to allow students to use federal loans and grants for nontraditional education like boot camp software coding programs and MOOCs, or massive open online courses.
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At the moment, only programs offered by accredited schools are eligible to receive federal student aid and loans. This initiative would sidestep that regulation by permitting aid to flow to students who enroll in experimental programs approved by the Education Department.
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