Online universities that are exclusively online and not associated with a brick-and-mortar university do not have residency requirements. Traditional universities that offer online programs, however, typically do have residency requirements for enrollment if they are state-sponsored schools. They require proof of residency and keep these records for a period of time that varies by university.
Both online-based universities and universities that offer online programs of study have certain basic academic standards for admission. For an undergraduate program of study, these generally include a high school diploma or GED equivalent, proof of citizenship, and proper submission of all required paperwork, including test scores and transcripts from other universities. The institutions keeps these records in an online database for a variable period of time, usually until a student either withdraws or completes his program of study.
Financial aid options are available for students who attend online programs of study on a full-time basis. A student must provide financial aid documentation, including FAFSA forms and proof of income as well as other applicable paperwork, to qualify.