If you’re been reading along this month, you know that we named February Financial Aid Month. If you’re almost all financial aided out, you may be happy to know that today’s post is the last one dealing with financial aid – at least for awhile or unless you beg us for more.
Today we tackle the Federal Work Study program, which provides part-time jobs to eligible students. Students earn at least the federal minimum wage and can work up to eight hours a week. The financial aid office at your school will let you know if you are eligible for Federal Work Study.
A college may offer students jobs in any department or office on campus to perform a variety of tasks, including:
- Filing and answer phones
- Working as a lab assistant
- Giving campus tours
- Ushering at campus events
Here are some other things you should know about the Federal Work Study program.
- You will need to apply for a particular job.
You may also be interviewed by the department or office you’d like to work in. You can find out what jobs are available by looking on the web. Most colleges will post online the available jobs.
- You will receive a paycheck
At some schools, you’ll have the option of receiving an actual check or having your paycheck directly deposited into your account.
- Your earnings are taxable.
Since you’re earning an income, it will be taxed.
According to studentfinancedomain.com
there are several advantages to students taking part in the work-study program besides earning money:
- Working with others will increase your communication skills
- It will help you develop time-management skills
- Future employees are impressed with students who have work experience while in college
- Your supervisor can be an excellent reference for you (if you do well on the job of course)
- Many jobs offer students a strong sense of community within the campus.
- An employer can provide a needed reference for the next summer job, internship, off-campus apartment or campus leadership position.
- While working a student may feel needed, which can increase his or her overall sense of accountability.
In addition, U.S. News & World Report offers some of having an on-campus job, including working with people who understand a student’s schedule.
There. Do you feel like a financial aid expert after reading a month’s supply of posts? (We feel a little smarter writing them.)