What is Federal Work-Study and why is it considered financial aid?
Federal-Work Study (FWS) funds are specifically for educational expenses and the employment is directly related to student eligibility. Federal Work-Study is a program in which the Federal Work-Study funding pays 60% of your wages and the employer pays 40%. Since employers only have to pay the remaining 40% of each Work-Study student’s salary, they are more likely to hire students who are eligible for this federal support. This makes it much easier for you to find employment, if you so desire. The FWS eligibility is treated as part of your current year financial aid resources. Students earn regular employment income have those earnings considered as part of the following year’s financial aid budget.
Federal Work-Study (FWS) funds are specifically for educational expenses and the employment is directly related to student eligibility. FWS is a program in which the FWS funding pays the majority of your wages and the employer pays the rest. Since employers only have to pay the remaining amount of each student’s salary, they are more likely to hire students who are eligible for this federal support. This makes it much easier for you to find employment, if you so desire. FWS eligibility is treated as part of your current year financial aid resources.