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<p>It should also be cost-effective as i want to reduce the cost of obtaining those points.</p>
I believe so far have found this website useful for online studies for PMP. They are the most reasonable and cheapest. They often come up with offers. Also, drop them a line asking for discounts, if do not find anything on their website.
They offer35 PDUS and lot of learning material for prep. The only thing to check is if they are approved by the PMI which I did not find time to do.
There are also combo offers. Please feel free to check the website in detail.
http://www.simplilearn.com/project-management/pmp-certification-training-online/ppa630da30
I'm open to training programs at an affordable cost.
You can do a self study plan and seek for more credentials, such as, PgMP, PfMP, or others. I do not think that any PMI provider gives a free PDU's.