Work-study programs can help you finance your education and gain work experience for your resume. This lesson discusses work-study options, eligibility requirements, application procedures, and restrictions.
Would you like to earn money for school and get job-related experience at the same time? Sounds great, doesn't it? Being accepted into the Federal Work-Study Program, or simply getting a work-study job, can help you earn money for:
- Room and board
- Any other expenses related to your education
Work-study programs can also help you gain work experience while you earn extra money.
I bet you are interested now! So, what exactly is a work-study? A work-study program gives students a way to earn financial funding through part-time work.
And how do you get a work-study position? Good question! The process is fairly simple, but positions and program funds are limited, and there are deadlines to consider, so you have to get in early if you want to get a spot.
First, you must determine your eligibility. Once you know if you are eligible for a work-study position, you have to find a job through your school's financial aid or work-study office. Finally, you must make sure that you fully understand the restrictions involved with a work-study program position. Let's look at each of these steps in more detail.
Eligibility begins with the Free Application for Federal Student Aid form, or FAFSA for short. While Federal Work-Study programs require the FAFSA, other work-study programs (such as state or institution funded work-study programs) may not actually require the form. These non-federally funded programs may still ask you to fill out the FAFSA form to determine your level of financial need. Ask at your institution's financial aid office for more information.
Work-study positions are all need-based and can be funded by the federal government, the state, or your institution. For any federally funded work-study position, you must fill out the FAFSA form and be awarded federal student aid to be eligible for a Federal Work-Study position at your institution.
Make sure that you check the box indicating that you would like to be considered for a work-study program on the form. If you forget to check the box, don't worry. It isn't too late. Each institution has its own application procedures and deadlines for funds. Make sure you talk to your financial aid office for your institution's procedures.
Another requirement to be eligible for a federally funded work-study program is that you must also be eligible to work in the USA. That means you are either a U.S. citizen or legally allowed to work in the U.S. on a visa permit.
Remember, funds are limited and institutions work on a first come, first serve basis - so even if you are eligible and have been awarded a work-study amount through FAFSA, it is not guaranteed that you will get a position.
After filling out the FAFSA, you will receive a financial aid award notice indicating how much financial aid, if any, you qualify for. This notice also tells you if you qualify for the Federal Work-Study Program. Pay close attention to the amount of aid you have been awarded; this indicates how much money you earn in a semester through the work-study position.
Now the types of jobs available depend greatly on your institution. As a general rule, all Federal Work-Study Programs must include at least 7% community service jobs. These would include things like early literacy programs, math tutors for high school students and other services that directly serve the community. Non-federally funded work-study programs may have similar rules; you should see your financial aid or work-study office for specific information from your institution.
Some schools match your degree major to your position, some schools assign your work-study position based on the school's needs, and still other schools work on a first come, first serve basis. Sometimes, you get to apply for positions you find on a general list of available positions.
The location of your job could be either on campus or off campus, working for your school, a federal, state or local agency, a private non-profit organization or even a private for-profit organization. With all of these, you will earn at least the current federal minimum wage. Earnings are usually paid directly to you by your institution once a month. Any alternate payment must be negotiated between you and your institution.
While a work-study job sounds great, there are some restrictions, or rules and regulations you must follow. Make sure you understand the restrictions for both Federal Work-Study Programs and any state or institution funded work-study programs you may be interested in.
First, there are limited hours. Students working on a work-study grant cannot work more than 8 hours in a day or 40 hours in a week. Another restriction is that you must maintain at least half-time student status. This means that if you have too few courses, you may lose your work-study position.
Some schools also maintain a GPA standard for students on a work-study grant. If your institution has this restriction, you will need to keep your grades up in order to keep your job.
You also need to be careful with your work schedule. Your award amount, or the total dollar amount the federal government has approved for you to earn through a work-study position, is for an entire semester at a time. Once you have earned that amount, you may not continue working in your work-study position. Your total award amount is dependent on:
- When you apply
- Your level of financial need
- Your school's funding level, which is the total amount of funding your school receives per year for work-study programs.
As an example: if you are awarded $1,500 for your work-study program and you work 20 hours per week, you will have about 8.5 weeks of funding for the whole semester.
So, now you know everything you need to know about getting a work-study position at your school. Let's review.
The most important form you need is the FAFSA. The eligibility rules are that you must be financially needy and eligible to work in the U.S. The types of jobs available tend to focus on community service type positions and can be located anywhere on or off campus. Some restrictions you will be under when working under a work-study grant will be limited hours, a maximum limit to your earning capacity, need to carry at least a half-time load of courses each semester, and you could have GPA standards to maintain for your institution.
So, why seek a work-study grant? Well, because it will help you earn money to fund your education while giving you valuable work experience to add to your resume.
I hope you have enjoyed this lesson. Please review the lesson before taking the quiz and any time in the future you would like to remind yourself of the process for applying for and landing a student work-study position.
Two last thoughts before I leave. Hurry! Funds are limited, and they are awarded on a first come, first serve basis. Get in early for your best chance. And make sure you become familiar with your school's procedures, as their deadlines and requirements may be different from those of the federally funded work-study programs.
After watching this lesson, you should be able to discuss different work-study options, requirements to be considered, the application process, and restrictions.