The Federal Work-Study Program was established by Congress as part of the Economic Opportunity Act of 1964. Its purpose is the promotion of part-time employment for students with financial need in order to achieve three main goals:
- To assist students in earning money to meet their educational costs
- To provide work experience related to the student's chosen academic major or career field; and
- To improve relations between the University and the community.
Work-Study is a federally-subsidized program in which wage costs are shared by the federal government and the individual employers. The current wage cost ratio for On-Campus Employers is 30%-70%. In other words, the On-Campus employer pays 30% of each student's wage, and the Federal Government pays 70%. For Off-Campus employers, the wage cost ratio is 25%-75%.
Students may be employed by the University, government agencies, or private, non-profit organizations working for the public good. Because of its federal funding, the Work-Study Program must adhere to strict regulations enacted by Congress and enforced by the U.S. Department of Education.