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Funding Your Education 1997-98Campus-Based Aid Programs |
CreditsSourceU.S. Department of Education's Office of Postsecondary EducationContentsCredits and AcknowledgmentsIntroduction Education after High School Paying Tuition and Other Costs Federal Pell Grants Campus-Based Aid Programs Federal and Direct Stafford Loans PLUS Loans (Loans for Parents) Stafford and PLUS Loan Questions Applying for Financial Aid Eligibility Criteria Deadlines and Verification Contacting the Department Reducing the Cost of School Taking the Next Step ForumsEducation and KidsRelated ArticlesPreparing Your Child For CollegeCollege Planning for Gifted and Talented Youth Getting Ready for College Advising High School Students with Learning Disabilities |
The Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Federal Perkins Loan programs are called campus-based programs because they're administered directly by the financial aid office at each participating school. Not all schools participate in all three programs. How much aid you receive from each of these programs depends on your financial need, on the amount of other aid you receive, and on the availability of funds at your college or career school. Unlike the Federal Pell Grant Program, which provides funds to every eligible student, the campus-based programs provide a certain amount of funds for each participating school to administer each year. When the money for a program is gone, no more awards can be made from that program for that year. What is a Federal Supplemental Educational Opportunity Grant?FSEOGs are gift-aid for undergraduates with exceptional financial need. Pell Grant recipients with the lowest Expected Family Contributions (EFCs) will be the first students to get FSEOGs, which don't have to be paid back. You can get between $100 and $4,000 a year, depending on when you apply, your financial need, and the funding level at the school you're attending. FSEOGs are awarded only to undergraduate students who have not earned bachelor's or professional degrees. How will I receive the FSEOG?If you're eligible, your school will credit your account, pay you directly (usually by check), or combine these methods. Your school must pay you at least once per term (semester, trimester, or quarter). What is Federal Work-Study?The FWS Program provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the recipient's course of study. FWS can help you get your foot in the door by allowing you to gain valuable experience in your chosen field before you leave school. How will I receive FWS?You'll be paid by the hour. No FWS student may be paid by commission or fee. Your school must pay you directly at least once a month. Wages for the FWS Program must equal at least the current federal minimum wage but may be higher, depending on the type of work you do and the skills required. Your total FWS award depends on when you apply, your financial need, and the funding level at your school. The amount you earn can't exceed your total FWS award. When assigning work hours, your employer or financial aid administrator will consider your award amount, your class schedule, and your academic progress. What types of jobs are available?If you work on campus, you'll usually work for your school. If you work off campus, your employer will usually be a private nonprofit organization or a public agency, and the work performed must be in the public interest. Your school may have agreements with private for-profit employers for FWS jobs. If you get one of these jobs, it must be relevant to your course of study. If you attend a career school, there may be further restrictions on the jobs you can be assigned.
Federal Pell Grants |
