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| Federal Work Study | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Features of Federal Work StudyTo be eligible for Federal Work Study(FWS), you must have financial need as determined by the Office of Financial Aid & Scholarships (OFAS). The Federal Work Study Program is a part-time employment program that can help you meet your cost of attendance by helping you to —
If you have been awarded FWS, detailed information can be viewed by logging onto AidLink and selecting "Federal Work Study Program" within the Award Notification screen. Your Certification PeriodThe Certification Period is the time you may work and receive FWS funds. There are two certification periods—
The academic year period:The AY period begins the week before fall semester classes and ends May 31.Important: Budget your hours so that you earn no more than the fall portion of your FWS award during the fall semester. Any unearned fall semester amount may be earned during the spring semester. You must stop working when —
The summer period:The summer period begins June 1 and ends August 31.
Any unearned fall semester amount may be earned during the spring semester. However, any unearned academic year amount cannot be earned during the summer nor can any unearned summer amount carry over to the next academic year. You forfeit the remainder of your Earnings Limit. Adding or Declining a Federal Work Study AwardContact a financial aid counselor to find out—
Tax Regulations Regarding FWSAll FWS earnings are considered taxable income and must be reported to the IRS, if you are required to file a tax return. Every FWS employee is sent a W-2 Form in January showing total earnings for the previous year. Reporting FWS Earnings on Your FAFSAInformation about your earnings and Adjusted Gross Income (AGI) for the prior tax year are collected from the Free Application for Federal Student Aid (FAFSA) and is used to determine your eligibility for financial aid. In order for the OFAS to exclude any FWS earnings that you report as part of your earnings and AGI, you must include those earnings on the FAFSA as a Title IV Income Exclusion. The FAFSA provides instructions on how to properly complete this item.
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