8. Student Eligibility
• Eligible for other federal programs (34 CFR §
676.9(a))
• Undergraduate only (34 CFR § 676.9(b))
• Reasonable portions to part-time and
independent students (34 CFR § 676.10(b))
• Exceptional need (34 CFR § 676.10(a))
– Award in EFC order (start with $0)
9. Awards
• $100 annual minimum (34 CFR § 676.20(a)(1))
• $4,000 annual maximum (34 CFR § 676.20(a)(2))
• $4,400 annual maximum for approved
student abroad programs (34 CFR § 676.20(c))
• Student enrolled less than full-time may
have award reduced (34 CFR § 676.20(b))
11. Subparts
• Subpart A – Federal Work-Study Program
(34 CFR § 675.1 – 34 CFR § 675.27)
• Subpart B – Job Location and Development
Program (34 CFR § 675.31 – 34 CFR § 675.37)
• Subpart C – Work-Colleges Program (34 CFR §
675.41 – 34 CFR § 675.50)
12. Student Eligibility
• Eligible for other federal programs (34 CFR §
675.9(a))
• Undergraduate or Graduate (34 CFR § 675.9(b))
• Reasonable portions to part-time and
independent students (34 CFR § 675.10(c))
• Financial need (34 CFR § 675.9(c))
13. Payments to Students
• Must be paid at least minimum wage (34 CFR
§ 675.24(b))
• Must be paid at least monthly (34 CFR §
675.16(a)(2))
• Wages can be paid to student or toward
student account (34 CFR § 675.16)
• Cannot be paid for receiving classroom
instruction (34 CFR § 675.20(d)(2)(ii))
14. Eligible Employers
34 CFR § 675.20(a)
• Institution
– Some exclusions for proprietary institutions (34 CFR §
675.21(b))
• Government, non-profit or private, for-profit
– Must have agreement between institution and
organization (34 CFR § 675.20(b)(1))
15. Community Service
• 7% of FWS allocation (34 CFR § 675.18(g)(1))
• Must have at least one student employed as:
– Reading tutor project (34 CFR § 675.18(g)(1)(i))
OR
– Family literacy project (34 CFR § 675.18(g)(1)(ii))
16. Conditions
• May not (34 CFR § 675.20(c)(2))
– Impair existing service contracts
– Displace employees
– Replace employees on strike
– Construct, operate or maintain facility use for
religious worship or sectarian instruction
– Be employed by U.S. Department of Education
17. Periods of Non-Attendance
• Summer
• Must enroll for next regular session
• Earnings must be counted in next term’s aid
package
18. Federal Share Limitations
• Institution, government, non-profit – 75%
federal share (34 CFR § 675.26(a)(1))
• Private, for-profit agency – 50% federal
share (34 CFR § 675.26(a)(3))
– Max of 25% of FWS allocation per year (34 CFR §
675.23(a))
– Must be related to major (34 CFR § 675.23(b)(1))
20. Perkins Loan
• Eligibility
– Undergraduate or Graduate students
– Exceptional financial need (as defined by
school)
– MPN, Entrance and Exit Counseling required
21. Perkins Loan
• Loan Limits
– Undergraduate
• $4,000 annual limit
• $20,000 lifetime aggregate
– Graduate
• $6,000 annual limit
• $40,000 lifetime aggregate
– $8,000 limit for first 2 years of academic work
22. Perkins Loan
• Interest Rate – 5% fixed
• 9 month grace period
• 10 year repayment
• Deferments, forbearance and cancellations
available
23. Perkins Loan
• Perkins Deferments (no interest)
– In school
– Attending graduate fellowship program
– Graduate or post-graduate study outside US (Fulbright
scholar)
– Rehabilitation training programs for disabled persons
– Seeking but unable to find employment (up to 3 years)
– Economic hardship (up to 3 years)
24. Perkins Loan
• Forbearance (interest accrues)
– Temporary postponement of
payments, extension of time for making
payments, OR acceptance of smaller payment
amounts
– Economic hardship or lengthy illness
– Request in writing with supporting
documentation
– Not to exceed 3 years
25. Perkins Loan
• Perkins Cancellation
– Teaching
• Low income school or high need subject matter
(math, science, foreign language, special education)
• Head Start programs/early intervention child care
• Up to 100%
– Health care services – up to 100%
– Law enforcement – up to 100%
– Armed Forces/Peace Corps service
• 50% for armed service in hostile area
• 70% for Peace Corps service
26. Resources
• IFAP- Student Aid Handbook Vol. 3 Chapter
7 Awarding Campus-Based Aid
• Dear Colleague Letters
– GEN-11-02
