Work-study jobs benefit students in many ways, from providing more financial aid to offering flexible schedules during the academic year. Universities set up work-study jobs, which students qualify for when they apply for financial aid.
What is Work-Study?
The Federal Work-Study Program enables students with financial need to take on part-time jobs to help pay for their education. To apply for the program, you must file your FAFSA® and indicate that you are interested in work-study.
If you are deemed eligible, your school will include the work-study funds as part of your financial aid offer. Even if you are granted work-study funds, you will still need to find a work-study job to earn that money. For instances, students often choose dining halls and libraries as their workplace.
What are the benefits of work-study?
While work-study functions in almost exactly the same way as any part-time job, it does carry with it some inherent benefits for students.
Work Study Does Not Count On Your FAFSA®
Unlike income earned from part-time jobs, you do not report your work-study earnings on your FAFSA®. Any income reported on your FAFSA® over $6,420 increases your EFC score, meaning you will receive less financial aid.
You Control Where Your Money Goes
Unlike most forms of financial aid, your work-study earnings are given directly to you. You can choose how and where to spend your income, and can prioritize your expenses as you see fit.
While it is always recommended that educational expenses remain your top priority, if you have the financial flexibility, work-study can be a great way to pay for personal expenses to help you get the most out of the college experience.
The work-study program is designed to make the jobs accessible to students. Many are located on and around campus, and are scheduled to work around your course load.
Additionally, many schools try to help students find jobs that are aligned with their career goals or benefit the community.
While working a part-time job in addition to being a full-time student can make life a bit of a juggling act, gaining work experience before you graduate will make it easier to find employment upon graduation. Employers like job candidates to have some experience in the workforce so they can be confident of a smooth transition.
Student qualify for work-study if he or she is a low income student. Work-study can be used for educational expenses as well as your personal expenses. The federal government provide work-study opportunities to help low-income students afford college expenses. The essential benefit of having a work-study job is to allow students to pursuit academic excellence while having a flexible part-time job that will support them financially and provide work experience.