Index of finaid pdf work-study 2025

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A negative SAI indicates you have a higher financial need. For example, if you have an SAI of 1500, youll qualify for a maximum Pell Grant award assuming you have not exhausted your lifetime amounts and meet all student eligibility requirements. Learn how the SAI is calculated. your final financial aid offer.
On your FAFSA, you will be asked if youre interested in being considered for work-study. If you are, be sure to check Yes. If your college participates in the work-study program, and you meet their eligibility requirements, youll see Work-Study listed on your financial aid offer letter.
Yes, you can still apply for FAFSA (Free Application for Federal Student Aid) even if your parents have a high income. However, the amount of financial aid you receive may be limited because FAFSA primarily considers your familys financial situation when determining your eligibility for need-based aid.
Low/Negative scores such as -1500 or 0 means you are in great need so youre likely to receive the full amount of aid. A positive score indicates youre above the bracket of what it considers to be in-need and will receive little or no aid(Pell) but still qualify for loans.
The SAI can go as low as -1500, but negative numbers dont increase federal student aid or allow financial aid to exceed the schools cost of attendance (COA). Instead, the negative SAI helps colleges identify students with the greatest financial need.

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Undergraduate students can earn between $1,000 to $4,000 per year from work study. Graduate students can earn up to $5,000 per year. ing to Sallie Maes How America Pays for College 2023 Report, the average amount awarded for work-study is $1,821.

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