Don’t Forget About Federal Work-Study | 06.03.10
Federal work-study isn’t often brought up when discussing paying for college, but it is an amazingly useful and convenient avenue for cash.
Federal work-study programs are based on demonstrated financial need. All you have to do is meet certain eligibility requirements and complete a FAFSA, where you will be asked if you are interested in student employment. If you are eligible, your work-study funds will be noted on your award letter.
Federal work-study allocates a set amount of funds per semester that you can earn in various on-campus jobs. Like a scholarship or grant, it doesn’t need to be paid back. You earned it. You keep it.
There is also Non-Federal work-study, which is not based on need and is available on many campuses across the nation. Ask your school employment office about on-campus jobs that are available.
Federal work-study, unfortunately, is not guaranteed. If you don’t use it, you might lose it for future semesters.
Looking for another way to earn money for college that you don’t have to pay back? Visit ScholarshipPoints.com for the chance to win free money to pay for your education. Use the code “WORKSTUDY” to get started.
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