<p>Hello, I had a question about the work study program. So on my financial aide report, it says I should get 2k a semester in work study pay. Now, they say that they pay you directly, on a paycheck bases. So, does that mean if we are counting on those 2k to pay for tuition, and we dont have those in savings already, it is kind of like a loan? I realize this question is weird, but its kind of a complicated question. Our EFC is 0, and I am supposed to take about 13k in loans/year. Would this jump to 15k, since they arent giving me the Work study money directly and we are supposed to pay upfront?</p>
<p>I believe work study is to off set the cost of books, travel and entertainment. Basically, it is pocket money. The idea is you work and get a paycheck. If you want to put towards tuition you can, but you need to earn it first.</p>
<p>You apply for a job thru their career office and you earn a paycheck. You use the money for whatever you want, books, supplies, etc. But that 2,000 dollars is still on your bill.</p>
<p>When do think it is a good time to check the Wasserman job board if you are a freshman starting in the Fall?</p>
<p>I just took a look at my old bursar bills, and the work-study money I was awarded didn’t show up anywhere, so, yes, it won’t be applied towards tuition. However, you can always earn that money over the year then, if you haven’t spent it on something else, immediately send all of it to contribute towards paying off your loan. Conversely, you could just send money every month to start paying off the principle or send a little less to pay off just the accumulated interest each month (it shouldn’t be more than $100, which you can make in less than a week at a FWS job). Of course, check to see if you can do any of these things without triggering a payment plan, but in the long-term, spending some money now to reduce the accrued interest or the principle really pays off.</p>
<p>I got offered 4K in workstudy. So that would mean after I make 4K, I’m fired until the next school year? lol</p>
<p>Unless the department you work for has a separate payroll budget set aside for students, yes, you won’t be able to make more than the $4k you’ve been allocated in work-study funds. Since you can’t work more than a certain amount of hours a week anyway (it’s either 15 or 20, don’t remember), you won’t be “cheated” out of THAT much money anyway.</p>
<p>Fair enough, I can live with that. Haha</p>
<p>@chinablue</p>
<p>Start checking it as soon as you can get on the site. A lot of jobs are already taken by returning students, so it’s not entirely simple to get a job. You’ll probably have to wait until you get on campus to interview, but you can at least start looking into what types of jobs are available and what they may require (resume, references, etc.).</p>
<p>nyu<em>times</em>two</p>
<p>Thanks for the information my S will start checking. We don’t live very far from NYC, so perhaps he can interview before school starts.</p>
<p>I doubt many places will interview too early, but since the fiscal year starts anew on August 16, he won’t be able to start until after then anyway. Just make sure that when you son moves in, he’s got the proper I-9 documentation (passport, social security+green card/license, etc.). You might even want to help him fill those forms out. :)</p>
<p>He has a passport and a social security card. Will he need anything else?</p>
<p>Nope; if it’s an American passport, he’s all good to go. Otherwise, he needs the Social Security card and a green card. He’ll also just have to fill out the forms found here: [Center</a> for Career Development](<a href=“Career Development and Jobs”>Career Development and Jobs)</p>