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March 14, 2024

Do you find Coursera’s financial aid application process confusing? Are you unsure which courses offer the financial aid option?

If your answer is yes, then this article is for you! This article will help clear up all your doubts about Coursera’s financial aid option.

In this comprehensive article, I’ve covered everything you need about Coursera’s financial aid program, from eligibility requirements to the step-by-step application process. 

I’ll also tell you about alternative options in case your financial aid application gets rejected.

Without further delay, let’s jump right in!

Eligibility For Financial Aid On Coursera

Coursera provides financial aid to you based on your financial needs. It assesses your financial situation based on the income details provided in the application. There is no specific income threshold. However, individuals with lower incomes have a higher chance of getting aid.

Apart from your financial situation, it may also consider other factors, including:

  • Employment status: Do you work full-time or part-time? Are you a student? Or unemployed?
  • Educational Background: Did you finish high school and college? Do you have a master’s degree?
  • Career goals: Why do you need this specific course? How does it fit your career goals?

So, while financial need is important, your motivation and potential matter too. 

Type Of Financial Aid You Can Get On Coursera

If Coursera approves your financial aid application, you’ll get a discount on individual course prices. This is the most common type of financial aid. The discount amount depends on your financial need. So, be honest in your application.

In some cases, Coursera may decide to waive the entire course price based on your application details, financial situation, and geographical location.

These two options ensure a fair distribution of financial aid resources among the learners.

Steps To Apply For Financial Aid On Coursera in 2024

Follow the steps given below to apply for financial aid.

Step 1: Visit Coursera’s website

Click here to go to Coursera’s website.  Click on the ‘Login’ button in the upper right corner of the page.

How To Apply For Financial Aid On Coursera - Visit Coursera’s website

Once you click the ‘Login’ button, a popup window like the one below will appear. Enter your email and password and click the ‘Login’ button. Or, if you are new to Coursera, you can set up your account using Google or Facebook. 

 click the ‘Login’ button

Once you enter your login credentials, the website will redirect you to its home page.

 Step 2: Select A Course

Remember, you can only apply for aid for individual courses. Financial aid isn’t available for Specializations or Professional Certificates. If you want financial aid for a specialization program, you must apply separately for each course in the program. 

Now, suppose you select IBM’s Data Analyst Professional Certificate course. 

 Step 3: Click the Financial Aid option.

Click on the ‘Financial aid available’ option near the blue ‘Enroll’ button on the course description page.

Click the Financial Aid option

Once you select this option, a pop-up window like below will appear on your screen.

pop-up window

Select the course for which you want financial aid. Let’s say you choose ‘ Introduction to Data Analytics’.

choose ‘ Introduction to Data Analytics

Once you select a course, click ‘Next’. Select ‘Continue to the application’ on the next pop-up window.

click ‘Next’

Step 4: Fill in your details

Once you complete the above step, the website redirects you to the following window. 

complete the above step

Fill in your details- education, email, country, etc. Provide a minimum 150-word explanation for why you’re applying for this aid.  You also have to explain how taking a specific course will help you achieve your career goals.

After filling in all the basic details, click ‘Next’.

In the next step, upload relevant financial documents. 

 Step 5: Submit your application

Before submitting your application, carefully review it.

Coursera takes up to 16 days to process your application. After 16 days, you will receive an email notification about your application status. 

If your application gets rejected, you’ll receive an email stating the reason behind the rejection. In this case, you can re-apply for financial aid.

Note: Your financial aid application will be canceled if you sign up for a free trial. If you’ve already signed up for it, you can cancel it. Once the free trial ends, you can re-apply for financial aid. 

Remember, you only have 180 days to complete a course with financial aid. You’ve to resubmit your application if you fail to complete the course within 180 days.

Exploring Available Courses And Programs 

Coursera provides 7000+ courses and 400+ Specializations and Professional Certificates. These courses cater to every interest. You can explore courses across a range of categories. These include data science, business, IT, writing, health, and others. 

But with so many options, where do you begin?

So, the first step is to understand your goals and interests. To do this, you can ask yourself the following questions:

  • What do I aim to achieve?
  • What skills do I want to develop?
  • What are my interests?

Understanding your learning objectives will help you choose a course that aligns with your career goals.

And the best part?

These courses are self-paced, allowing you to learn at your own pace, anytime, anywhere. All it takes is an internet connection and a willingness to learn! We have also listed the best Coursera certificates & courses here for you to choose from.

Alternative Options For Coursera Financial Aid 

You might wonder- what if my financial aid application gets rejected?

Well, you don’t need to worry! You can explore the following alternative options:

  • Free Trials

Coursera offers a 7-day free trial option for its Coursera Plus service. This option gives you free access to thousands of courses, Specializations, and Professional Certificates for 7 days. After the trial period ends, you’ve to pay the Coursera Plus subscription fee unless you cancel it.

  • Audit a Course

The ‘Audit the course’ option allows you to get access to individual courses for an unlimited time.  It’s a great way to explore courses before committing to further studies. However, it isn’t available for specialization and degree programs. It also doesn’t give you access to graded assignments or the completion certificate. 

  • Discounts & Coupons

Coursera frequently offers promotional discounts and coupons. You can use these coupons and discounts to get your desired courses at a low price. But for this, you need to keep a check on their official website to know about the latest discounts and coupons. Don’t miss the perfect deal!

More On Coursera:

Conclusion: Get Upto 90% Off Using Coursera’s Financial Aid Program

Learning a new skill can be exciting, but the cost can sometimes be a barrier. Thankfully, Coursera’s financial aid program offers a solution. It helps you build your career, regardless of your income. While financial need is a big factor, Coursera also considers your goals and how the course fits into your career plans before approving your application. 

By following the steps outlined above and understanding the eligibility criteria, you can increase your chances of getting financial aid for your chosen course.

Even if you fail to get the approval, you can use alternative options. These include free trials, auditing courses, and discounts. These options can also help you get access to your favorite course without breaking the bank.

So, don’t wait!

Explore the platform, find a course that suits your learning goals, and apply for financial aid today!

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