What determines how much you can make on federal work study?

How much can I earn? Students can only earn the amount they accepted on their Financial Aid Notification. For example, if the Federal Work Study award was $3000, students can only earn $1500 for the fall semester and $1500 for the spring semester.

What happens to your federal work study award if you are not making satisfactory academic progress *?

You must keep your grades up to stay eligible. Falling behind in your studies can affect your FWS eligibility. Specifically, you'll lose your FWS eligibility if you fall below your school's requirements for satisfactory academic progress.

What happens if you decline work-study?

If you do not wish to utilize your work-study award, you may request to have it converted into a loan. If you decline your work-study award, the Office of Financial Aid and Scholarships may terminate it and offer the funds to another eligible student.

What is fafsa used for?

Before each year of college, apply for federal grants, work-study, and loans with the Free Application for Federal Student Aid (FAFSA ) form. Your college uses your FAFSA data to determine your federal aid eligibility. Many states and colleges use FAFSA data to award their own aid.

What happens if you fail satisfactory academic progress?

If you don't make SAP, your school may give you a SAP warning but still let you receive financial aid during the warning period, which typically lasts for one academic term. If your school has this policy, and you fail to catch up by the end of your warning period, your federal financial aid could be suspended.

How long does SAP suspension last?

How long does SAP restriction and/or probation last? Restriction: Lasts until an approved SAP appeal and/or you begin to meet SAP standards. Even if an appeal is approved, you may be put on a one-semester SAP probation in order to best monitor your academic progress.

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2014-2015 Student Re-evaluation Of Federal - Portland State University

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Q: What happens if you fail satisfactory academic progress?

If you don&#039;t make SAP, your school may give you a SAP warning but still let you receive financial aid during the warning period, which typically lasts for one academic term. If your school has this policy, and you fail to catch up by the end of your warning period, your federal financial aid could be suspended.

RAL STUDENT AID APPLICATION The Office of Student Financial Aid and Scholarships may exercise professional judgment to re-evaluate a student s financial information for certain extenuating circumstances. Check the appropriate item(s) that apply to your circumstances and follow the corresponding instructions. Additional documentation may be requested. You may be eligible for this re-evaluation if you (or your spouse) have experienced one of the following (please mark all that apply): Loss or Re.

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