What factors enable an accredited distance learning program to qualify for federal financial aid for its students?
"Even if the program is a distance learning program, the program
typically needs to be located within your country to get approval.
If the institution is located in another jurisdiction (such as
another state), the program may need to meet regulations in both
the home jurisdiction and the jurisdiction in which it is
operating. Some programs may be required to deliver a certain
amount of content in a certain form, or may need to have students
write (supervised) examinations."