Work-study is considered need-based financial aid because students must have financial need to receive a federal work-study award. Work-study is also considered self-help financial aid because you have to earn the amount offered. However, not all work-study awards are based on need. Some state and institutional work-study awards are offered to students who do not have financial need, but wish to work to help pay their educational expenses.
A work-study position offers a way to earn money while attending college. Students can work on-campus or at businesses off campus. Sometimes you can find a job that is related to your major — a great way to gain valuable work experience that you can list on a resume.
You will be paid an hourly wage and are paid at least monthly. You will receive a paycheck and times you work are determined by your class schedule.
Colleges list work-study positions on-line and in a prominent place on campus. Check with your college to determine if a work-study program is available and where you can view the list of employment opportunities.
- Federal Work-Study (FWS)
In order to be awarded federal work-study, you must have financial need as determined by the Free Application for Federal Student Aid (FAFSA). You will be paid by the hour and receive at least the federal minimum wage although you may make more depending on the job.
You may work on- or off-campus for your college. In general, the emphasis for federal work-study jobs is on community service and work related to your program of study. However, you may find a work-study position with a private employer off campus that has an agreement with your college under the Federal Work-Study program.
Funding is limited to the amount your college receives from the federal government. It is important you meet the school's priority date to complete and file the FAFSA to be considered for a FWS award.
- Colorado Work-Study (CWS)
Colorado work-study procedures are very similar to federal work-study. There are some Colorado work-study funds, however, that may be awarded to students who do not have financial need but want to work to help pay for educational expenses.
- Institutional Work-Study and Other Employment
Your college may have work-study money available or offer other employment opportunities that are not work-study positions. Check with your college to discuss additional work opportunities.