Managing work study requires a bridge between the institution's payroll department and the financial aid office to provide an overall view of student employment.
Students classified as employees are identified and accessed in the institution's payroll department to track compensated wages.
Wages may come from various forms of employment such as academic, staff, or work study.
Once each type of compensation is identified, the information is updated and can be viewed within Financial Aid. This allows the institution to report and monitor student earnings to ensure that total earnings do not exceed the work-study award.
The federal work study program provides jobs for undergraduate and graduate students with financial need, enabling them to earn money to pay educational expenses.
Students receive work study awards from participating institutions after filing a Free Application for Federal Student Aid (FAFSA) to determine their financial need.
The minimum requirement to access a work study placement record is an accepted work-study award. The hiring department then records the student’s placement on the Work Study Placement page. After placement, you can review the placement records of students who are active as employees.
Upon completion of this lesson, you will be able to:
• Track a work-study job.
• View student awards and earnings.
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