FiNANCIAL AiD?

CAN YOU EXPLAIN WHAT "FEDERAL WORK STUDY" HAS TO DO WITH Financial Aid? WHAT DOES THE AMOUNT OF $$ NEXT TO THE TITLE MEAN?

This is the amount you can earn through an on-campus job, that can either be applied to your bill or kept by you. Federal Work-Study is a grant program from the federal government that reimburses schools for money spent employing certain student workers for teh purpose of helping them pay for their education. When I was in school, the cap was $1500 per semester. The money is paid through the payroll system of the university and if you need to apply it to your bill, you can cash it and go pay your tuition bill.

This entry was posted on Wednesday, September 9th, 2009 at 9:07 am and is filed under Financial Aid. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses to “FiNANCIAL AiD?”

sarcastro1976 Says:
September 9th, 2009 at 2:12 pm

It’s money that you work for, but the federal gov’t guarantees payment to the place you work. The amount is the amount you can earn by working during the school year.

Benefit of doing this: The jobs are often easier than other campus jobs (but not always).
References :

Blueyota_f Says:
September 9th, 2009 at 2:55 pm

This is the amount you can earn through an on-campus job, that can either be applied to your bill or kept by you. Federal Work-Study is a grant program from the federal government that reimburses schools for money spent employing certain student workers for teh purpose of helping them pay for their education. When I was in school, the cap was $1500 per semester. The money is paid through the payroll system of the university and if you need to apply it to your bill, you can cash it and go pay your tuition bill.
References :
Me- Dir. of Accounting at a university

what? Says:
September 9th, 2009 at 3:34 pm

ask a counselor/advisor(same thing)
References :
fafsa.edu.gov

DLamitie Says:
September 9th, 2009 at 3:55 pm

Just for clarification: Federal Work Study money is supplemented by the Federal government. Part of the money comes from the college or university. You can earn more that the amount listed but after that point the college or university has to pay it all and they may not have the funds to do so.

From one colleges web site: "Once you have reached your maximum FWS earnings, employment may be continued at the discretion of the employing department or agency. Should the department retain the services of the student, the department will be responsible for 100% of the student’s wages."

Federal Work Study is another form of need based aid that aims to instill values and work ethic.
References :

flower0781 Says:
September 9th, 2009 at 4:15 pm

you work for your money
References :

sunshine23511 Says:
September 9th, 2009 at 4:33 pm

The amount of work study you receive various from student to student and from school to school. One school could max at 6000 for the year while other can be 3200 or less. Also, if you have a "need" after your other award has been given. you can work on campus or off campus too. good luck
References :

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