ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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scholarship
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grant
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federal work study
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federal loan
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Detailed explanation-1: -Federal Work-Study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study.
Detailed explanation-2: -The program funds part-time jobs for undergraduate and graduate students, allowing students to earn money to help pay educational expenses. Under the Work-Study program, a percentage of students’ earnings is paid through federal funds, with the remainder paid by the student’s employer.
Detailed explanation-3: -Receiving Work-Study does not guarantee you will be hired in a Work-Study job. How many hours should I work? Most students work between 15-20 hours per week. While there is no federal regulation limiting the number of hours worked, we encourage practices that limit a student to no more than 29 hours per week.