Description:
The FWS Program provides funds that are earned through part-time
employment to assist students in financing the costs of postsecondary
education. Students can receive FWS funds at approximately 3,400
participating postsecondary institutions. Institutional financial aid
administrators at participating institutions have substantial
flexibility in determining the amount of FWS awards to provide to
students who are enrolled or accepted for enrollment. Hourly wages
must not be less than the federal minimum wage. Financial need is
determined by the Department of Education using a standard formula,
established by Congress, to evaluate the financial information
reported on the FAFSA and to determine the expected family
contribution (EFC). After filing a FAFSA, the student receives a
Student Aid Report (SAR), or the institution receives an Institutional
Student Information Report (ISIR), which provides the student’s EFC.
Applicabe Majors:
All Fields of Study Website
|