No. Each state determines how many new students it can assist each year. If there are more applicants with offers of admission than state funds available to support the students, your state will ask WICHE to conduct a ranking of applicants to determine who is most qualified.
Online education enrollment has continued to grow according to the new report, Digital Learning Compass: Digital Education Enrollment Report 2017. The overall enrollment in higher education, however, has fallen in the past three years.