How is financial aid affected by participation in the Cooperative Education Program?
The Office of University Financial Aid makes every attempt to ensure that students will not be penalized financially for participation in the Co-op Program within the limits imposed by federal regulations and funding availability. Co-op participants should be aware that federal financial aid regulations have certain implications for determination of a student’s eligibility for federal need-based assistance: • When a student is enrolled for only one semester of an academic year, both the parental and student contributions will be pro-rated from the full year amount. Any student considering participation in the Co-op program should notify the Office of University Financial Aid as soon as possible, preferably at the time of submission of the financial aid application. Work-Related Expenses: • Expenses incurred as a result of participation in the Co-op program such as tools and equipment, special clothing, union or professional dues, etc. are allowable deductions from income, if itemized.
