A scenario in which a student can use a Pell Grant to help pay for a bundle of edX courses no longer seems so far-fetched.
Political support is building for a system to encourage and oversee higher education upstarts that don't look or act like colleges, such as online course providers and coding boot camps. And these emerging players soon may have a pathway to accreditation and even federal financial aid eligibility, albeit in limited or experimental form.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2015/04/09/political-pressure-builds-new-accreditation-and-aid-pathway-upstart-providers