A university degree from a fully accredited university , is a degree, whether distance or not. The subject being studied may however require some on-site research, although the basic tuition and acvademic support is by distance.
As regards how much you will forfeit if you don't complete the cours, you will have to take a look at the univerity's Terms & Conditions of enrollment - easy enough to find out.
I offer any information or advice 'as is' and hope that it has been of help. I am not an admin of this board, and my postings do not necessarily reflect the opinions of the board management.
____________________Thailand TESOL forum