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Disadvantages of Work-Study Jobs When it comes to work-study jobs, they are very low salaries. This could be an issue if you are trying to bear up more expenses and cover your day-to-day casual activities expenses. Students with work-study employment are usually limited to a certain amount of hours each week.
Can you accept work-study and not use it?
If you dont use it, you wont have to pay it back. But be sure not to include that in your calculations for expenses because that isnt money you will just get like loans, you will get it in the form of wages from working somewhere. You should always accept the work study money.
Should I say yes to work-study on FAFSA?
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.
How do you know if youre eligible for work-study?
Eligibility for Federal Work-Study Whether or not you qualify for the Federal Work-Study Program is based on financial need. You must fill out your Free Application for Federal Student Aid (FAFSA) in order to find out if you are eligible. You can find this form on the official FAFSA website (.fafsa.ed.gov).
What happens if I accept work-study but dont use it?
If you dont do a work study, you just dont get/earn that money. It will probably still show up on your financial aid, but it wont be ``disbursed (used). You can also just reject the work study so it doesnt show up as additional aid if you arent planning on doing it. If you do that, apply for more scholarships.
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Do I have to accept work-study aid? If work-study is on your financial aid award and you dont intend to use it, you can decline the award. However, in most cases, getting a work-study job is a good idea, especially if it decreases your student loan borrowing and the amount of student debt youll face after graduation.
Can you decline work-study after accepting?
If you do not wish to utilize your work-study award, you may request to have it converted into a loan. If you decline your work-study award, the Office of Financial Aid and Scholarships may terminate it and offer the funds to another eligible student.
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