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Sunday, July 29, 2007

NextStudent Encourages Students to Take Advantage of Federal Work-Study Opportunities

Since some colleges start posting available work-study positions as early as the summer, students looking to get their first choice of campus jobs in the fall may want to get a head start by already having their résumé and cover letter written and polished. The Federal Work-Study Program provides part-time jobs for both undergraduate and graduate students with qualifying financial need and encourages students to participate in community service and try out employment opportunities related to their course of study. Work-study jobs are required to pay at least the current federal minimum wage but might pay more, depending on the type of work the student does and the skills required.
Work-study, on- or off-campus, can offer students a paycheck while allowing them enough flexibility to accommodate their class schedule. Work-study jobs run the gamut from tutoring children or other college students, to working as a museum aide, to serving as an usher at public or school events. According to NextStudent, a leading Phoenix-based education funding company, work-study programs can be a great option for students who need a little help meeting their college expenses.
Benefits of Work-Study Jobs
Because the Federal Work-Study Program is based on financial need, work-study income does not affect a student’s financial aid eligibility. While their work-study income is taxable, students who receive on-campus work-study jobs can enjoy the benefits of walking to work straight from class—they save on gas money and can meet up with friends at the dorm right after their shift. And whereas students in non–work-study jobs may get bogged down in work hours, work-study employers tend to be more sensitive to a student’s schedule and offer more flexibility. Universities may cap an undergraduate’s work availability at 20 hours per week.
In addition to offering convenience and flexibility, work-study allows students to start building their work history. When these students are ready to head out into the real world, they’ll be a step ahead of those students who chose not to work. Prospective employers may look more favorably on students who were able to balance the demands of a higher education with the requirements and scheduling of work.
Qualifying for Federal Work-Study
Students interested in work-study positions must fill out the Free Application for Federal Student Aid (FAFSA) and mark “yes” when asked if they are interested in student employment. Students must demonstrate sufficient financial need and meet other qualifications. Since the number of work-study positions is limited, students should apply as early as possible to increase their chances of getting the job of their choice.
Students who qualify for work-study will be notified by their university’s financial aid office. Students who don’t receive a work-study award and believe they are eligible to receive one should make an appointment with a financial aid counselor to discuss their options. Some schools may offer to put students on a waiting list.
NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about
Student Loans, Private Student Loans and Student Loan Consolidation at www.nextstudent.com.

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