However most MOOCs providers have developed models where students can pay a certain fee that is usually around $30 to $150 to earn a “verified certificate”. The effectiveness of free MOOCs has been questioned in the past owing to their low student completion rates hence some MOOCs providers such as Coursera, Udacity, FutureLearn and edX have options that allow students to pay for MOOCs.
Here are some benefits of paying for online courses & MOOCs.
1. Ensures authenticity
2. Students can show off the certificate on their resume or portfolio
Most students are opting to pay for MOOCs certificate since it is a valuable credential that they can post online or mention it on their resume or job application. Students are proud of owning a verified certificate that they can even post it on their social media profiles. Below is a sample HarvardX certificate via edX from Harvard University.
3. Learners get motivated to learn and complete their MOOCs
Studies show that the completion rate among students who enroll for a verified certificate is 10 times or 60 percent higher that that of students who sign up for free MOOCs. Earning a certificate is a major motivating factor since learners are more committed to getting value for their money. With free certificates learners can walk away at their own convenience since they have nothing to loose.
4. Students can earn college credits
Although not common, verified certificates can sometimes earn learners college credits. Students who successfully complete certain MOOCs can gain credits for a graduate level program.
5. Students are able to access additional features
Learners who pay for a verified certificate can have access to a wide range of features that are not available to those taking free MOOCs. For example MOOCs provider Coursera enables paying students to submit their work and receive feedback on the same. Other features include homework assignments, quizzes and exams.
Buying an online course certificate comes with several benefits but sometimes students learn for fun or to simply satisfy their curiosity on certain issues. Others learn because they have an objective to accomplish such as advancing their career or the desire to become more effective and efficient at their work.
For a fully accredited degree program, University of Illinois iMBA is an ideal option.
In such circumstances, the Return on Investment (ROI) can be quantified. This ensures that learners are more responsible and disciplined which makes them more valuable to employers. While most MOOCs are still available free of charge, even those courses that require students to pay will usually offer free trials that last between 7 to 14 days which is enough time to grab a thing or two.
The University of New South Wales
Stanford University
Rice University
University of Minnesota
University of Michigan
Rice University
Federal Institute of Technology in Lausanne
UNIVERSITY OF LONDON & Meteor
The Hong Kong University of Science and Technology
University of Pennsylvania
Stanford University
Stanford University
University of Colorado System
University of Pennsylvania
University of Alberta
University of Illinois at Urbana-Champaign
Stanford University
Yale University
University of Illinois at Urbana-Champaign
John Hopkins University
You can checkout thousands of online courses and MOOCs related to different area of study including IT & Computer Science, Social Sciences, Business, Medicine and more.
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