Earning a traditional degree in person can cost an average of $80,000, while achieving the degree online costs almost one third of this at an average of $30,000. While this is still a significant amount of money, there are numerous ways to bring the cost down before resorting to taking out student loans. One aspect many people don’t realize is that there are scholarships for online students as well. Sallie Mae and Scholarships.com are two resources that provide information on scholarship programs for your degree. Another resource is federal student aid, which comes in two forms of help. The first is a federal pell grant, which is based off of your income and assets. The second is federal student loans, which should be maxed out before you consider taking out private ones.