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Four Steps to Financial Aid<<< STEP 1: WHAT IS FINANCIAL AID?The Federal Work-Study ProgramWhat is the Federal Work-Study Program?The Federal Work-Study Program provides jobs for undergraduate and graduate students with financial need, allowing you to earn money to help pay education expenses. The program encourages community service work and work related to your course of study. How much money can you earn? Your Federal Work-Study salary will be at least the current federal minimum wage, but it may be higher, depending on the type of work you do and the skills required. Your total Federal Work-Study award depends on when you apply, your level of need, and the funding level of your school. How will you be paid? If you're an undergraduate, you'll be paid by the hour. If you're a graduate student, you may be paid by the hour or you may receive a salary. A Federal Work-Study student may NOT be paid by commission or fee. Your school must pay you directly at least once a month. Are Federal Work-Study jobs on campus or off campus? Both. If you work on campus, you'll usually work for your school. If you work off campus, your employer will usually be a private nonprofit organization or a public agency, and the work performed must be in the public interest. Some schools may have agreements with private for-profit employers for Federal Work-Study jobs, which must be judged to be relevant to your course of study. If you attend a proprietary school, there may be further restrictions on the jobs you can be assigned. Can you work as many hours as you want? No. The amount you earn can't exceed your total Federal Work-Study award. When assigning work hours, your employer or financial aid administrator will consider your class schedule and your academic progress. [ top ]
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