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Work Study Programs
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Article on Work Study Programs
Federal funding is available and exists in the form of loans, grants, fellowships, and work-study programs to help subsidize the cost of post-secondary education. The federal work-study program (FWS) is an excellent way for students demonstrating financial need to fund education while getting practical work experience. FWS offers monetary compensation for students to work part-time jobs in order to lower the cost of post-secondary education.
Applying for Work Study Programs
As with all federal student aid programs, the application for the federal work-study program starts by completing the Free Application for Federal Student Aid (FAFSA.) This can be filled out online or in hard copy from the FAFSA website. Once completed, students will receive a Student Aid Report (SAR) informing them of their expected family contribution and thus, eligibility to receive federal aid. Schools will then send out financial aid awards with all available institutional and federal funds. If applicable, this will include the yearly maximum work-study allowance.
How Does It Work?
Each school year, the federal government gives funding to the approximately 3,400 participating institutions to provide part-time jobs for students in the FWS program. The work-study allowance shown in a student’s financial aid package represents the maximum amount that can be earned for that academic year. Students then choose to accept the FWS program by taking one of the school approved part-time jobs. Income earned during work-study is taxable, and the typical workload is eight to ten hours per week. Some schools have restrictions on the amount of hours you can work.
Job Options
The financial aid office at your school will have all the updated information on available work-study positions. Jobs can be both on and off campus. Many schools have special work-study arrangements with local community service providers, charities, and non-profit agencies. A few universities also have agreements with local private firms to help train work-study students in their chosen field or profession. Small awards or heavy class schedules usually require on-campus work, as this is the most flexible and understanding of your role as a student.
Payment
Legally, payment must equal or exceed federal minimum wage requirements. More specialized jobs usually receive higher hourly wages. Payment is distributed directly by the school no matter the place of employment. This will occur weekly, bi weekly, or monthly, depending on the school’s payment policies. Wages for FSW students are calculated hourly, and may not be based on commission. Once your maximum award amount has been earned, you may no longer receive federal work-study funds.
Federal work-study programs are one of the many ways for students demonstrating financial need to finance post-secondary education. Job opportunities vary and can include institutional work, community service work, and work related to course of study. All options give students the opportunity to have flexible and educational work experiences during school, while earning extra cash. Contact your financial aid department with any questions about current jobs and any additional advice about institution specific work-study programs and benefits.
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