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What happens to unused work study money?

If you do not earn all of your Federal Work-Study award, the remaining funds will be given back to the general Federal Work-Study fund at your school.

What happens to leftover work study money?

If you do not earn all of your Federal Work-Study award, the remaining funds will be given back to the general Federal Work-Study fund at your school.

Can I use work study money for anything?

You can opt to get paid by check or direct deposit, or have the money credited to your school account to cover tuition, fees or room and board. There's no requirement that you use the money for anything specific. FitzGibbon says many students use their work-study paychecks to cover day-to-day living costs.

What happens if I accept work study?

1. Being awarded Federal Work-Study does not guarantee you a job. Accepting the Federal Work-Study funds you're offered is just the first step. In order to receive those funds, you need to earn them, which means you need to start by finding a work-study job.

Where does work study money go?

Work-Study Funds Are Not Applied Directly to Your Tuition Unlike other types of financial aid, work-study earnings are not applied directly to your tuition and fees. Students who are awarded work-study receive the funds in a paycheck as they earn them, based on hours worked, just like a normal job.

Do you have to pay federal work study back?

Federal Work Study is a form of financial aid Like scholarships and grants (but unlike loans), work study is a type of financial aid that does not have to be paid back. Undergraduate, graduate, and professional students in financial need are eligible for the work study program.

What happens if I don't use my work study?

You may have the option of converting your work-study to loans. If you do not use work-study, it is less likely you'll receive it as part of your financial aid the following year. If you don't convert your work-study to loans or don't earn it, be sure not to include it as a resource in your personal budget.

How do I claim my wage subsidy?

How can I apply? Contact an employment services provider within 12 weeks (84 days) of your new employee's start date to apply for a wage subsidy. Search now to find your local provider or call the Employer Hotline on 13 17 15. Call charges apply for calls to '13' numbers from mobile phones.

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