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Ask 5 Questions to Decide Between Online, Blended MBA Programs

When 27-year-old Josh Eickmeier decided to pursue an MBA, he knew he had a few options: fully online, completely face-to-face or blended to combine the best of both worlds.

The Cleveland resident chose the latter, eventually enrolling in the part-time hybrid MBA program at Carnegie Mellon University’s Tepper School of Business. Every two months, students attend “access weekends” at on-site locations throughout the U.S. to give them a chance to interact with classmates and faculty.

Eickmeier says he was, in part, attracted to the in-person networking opportunities.

“Even though I was looking for something flexible, it was important to me to get to know the people in my class,” says Eickmeier, a manager at McMaster-Carr, an industrial supply company.

Prospective MBA students might ultimately narrow their options to completely online and blended options. Experts say the ultimate decision often boils down to whether they want the total flexibility that an online-only education provides, or opportunities for face-to-face communication.

[Understand the various definitions of “hybrid” and “online” classes.]

“There’s no way that a purely online program could claim itself as being better — a better experience, a more robust education — than one with some on-campus experience,” says Dan Bauer, CEO and founder of The MBA Exchange, an admissions consulting firm. Students need to consider what benefits they will sacrifice by choosing one form of learning over the other, he says.

Prospective online learners should consider answering these questions when weighing their options, experts say.

1. Do you prefer face-to-face over virtual networking? A blended format allows for more direct networking opportunities and the ability to build connections in person, which many students prefer over strictly online interactions, says Philip Powell, associate dean at the Indiana University Kelley School of Business, who works with online programs. Kelley offers a mostly online MBA with two one-week residency requirements on campus, and a more blended evening option.

Blended programs might also enable students to build more locally-focused networks given that many of those who enroll likely live somewhat close to campus, Powell says. This differs from online networking, which usually connects students on a national or even international scale.

“The deeper your local network, the easier it is to move across organizations in a certain area,” he says. “The return on a blended program or a part-time program in a metropolitan area is certainly larger than if the part-time program is located in a smaller city.”

[Explore networking tips for online MBA students.]

2. How much do you value in-person interaction? Some students simply prefer to learn at least some course material in person, experts say. For others, the flexibility of a fully online education can outweigh the face-to-face contact in a blended environment.

When looking at fully online programs, prospective students should understand the extent of student-to-student and student-to-faculty communication they will encounter, Bauer says. If these opportunities don’t exist, they might be better off learning in a blended setting, or selecting another online program.

3. Do you have the time and ability to travel for face-to-face requirements? Online students often juggle other obligations with their education, so they should decide whether they have the time required for the on-ground portion of a blended program, says Kate Barraclough, who heads the MBA program at Tepper.

She suggests they ask: “Do I have family or work commitments that would make that a challenge?”

Those who travel a lot, says Powell from the Kelley School of Business, might similarly prefer the flexibility of completely-online learning.

Kyle Richardson, who’s now completing his MBA fully online through the University of Saint Francis in Indiana — where he also works as an enrollment services specialist — says he simply couldn’t commit to traveling to a physical campus.

“It’s more of a: There’s a syllabus; you have to work through the syllabus and you have to meet deadlines, but it’s going to be at your own convenience,” he says of the online program. “If I want to be up at midnight working on my homework after I put my kids down, that’s fine.”

[Learn how to compare online and on-campus graduate programs.]

4. What percentage of the curriculum is online versus on ground? Blended programs vary in the duration and frequency of the on-campus component, Bauer says. Researching this information beforehand can help applicants determine the extent of the commitment.

For instance, in the blended weekend MBA program at Purdue University–West Lafayette’s Krannert School of Management, students go to class on campus for two Saturdays each month. Meanwhile, in the MBA@UNC online program at the University of North Carolina–Chapel Hill, students must attend at least two immersions in the U.S. or overseas over the course of the program.

5. How else might a partially on-ground option benefit you? Experts say those considering blended MBA programs should also consider whether the in-person component will help them in ways other than networking.

Online MBA programs offer many opportunities to collaborate with classmates virtually — a skill that’s valued by employers — but blended programs allow students to build more “soft skills” when it comes to establishing effective relationships, Powell says.

Online learning requires “more comfort with virtual interaction,” Powell says. “That’s not for everybody.”

Trying to fund your online education? Get tips and more in the U.S. News Paying for Online Education center.

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Ask 5 Questions to Decide Between Online, Blended MBA Programs originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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