* Quality Assurance: Accreditation signifies that the institution meets established educational standards, ensuring a certain level of academic rigor and quality in its teaching, faculty, curriculum, facilities, and administration.
* Credibility and Recognition: Degrees from accredited institutions are generally more widely accepted and recognized by employers, graduate schools, and other educational institutions. Non-accredited degrees may not hold the same value.
* Financial Aid Eligibility: Many forms of financial aid, including federal student loans and grants, require enrollment in an accredited institution.
* Transfer Credits: Credits earned at an accredited institution are more likely to transfer smoothly to other accredited colleges and universities.
There are different types of accreditation, with regional accreditation generally considered the most prestigious. National accreditation exists as well, but often holds less weight and may only be recognized within specific geographic areas or by particular employers. It's important to research the accreditation status of any institution before enrolling to ensure its legitimacy and the value of the degree you'll receive.