Benefits of using FWS funds
There are many benefits of using Federal Work-Study (FWS) Program funds, such as FWS employment being positively linked to academic achievement and graduation. In addition, FWS earnings are excluded in determining expected family contribution in the next financial aid year.
More benefits include:
- Flexible work schedules
- Option to reduce student loans
- Valuable work experience
- Reduced transportation costs with employment on or near campus in most cases
- Exemption from FICA tax (for FWS earnings)