14. Work-Study and On-Campus Employment

When a student is a recipient of one or more of the above-mentioned Title IV programs and officially withdraws (or unofficially withdraws by ceasing to attend), regulations require a calculation to determine if any Title IV aid must be repaid.

Prior to withdrawing for the semester, you are encouraged to contact the Office of Financial Aid. State and institutional aid are also subject to a return calculation.

For other information and procedures regarding withdrawing from the college, please go to Withdrawing from the College .

b. Repayment Calculation

The amount of Title IV aid to be repaid is calculated based on the percentage of time completed within a semester, which involves calculating the amount of Title IV aid earned by the student, and the amount of institutional charges for the semester. The

Office of Financial Aid considers the date the student completes his or her exit interview with the Office of Student Affairs as the official date of withdrawal. This is considered the date the student began the official withdraw process. For students who unofficially withdraw, the 50% point within the semester is considered as the withdrawal date in determining earned Title IV aid.

If the amount of disbursed Title IV grant or loan funds is greater than the amount earned, the unearned funds must be returned. If the amount of disbursed Title IV grant and/or loan funds is less than the amount the student has earned and is otherwise eligible to receive, he or she is notified by the Office of Financial Aid regarding a post-withdrawal disbursement of the earned aid that was not received.

All unearned Title IV funds must be returned within 45 days of the date of the institution’s determination that the student withdrew, and must be returned in the following order: 1. Direct unsubsidized loan funds, 2. Direct subsidized loan funds, 3. Perkins loan funds, 4. PLUS loan funds, 5. Pell Grant funds and 6. Supplemental Educational Opportunity Grant funds.

14. Work-Study and On-Campus Employment

Federal College Work-Study

Students with demonstrated financial need may be allocated a specific amount of money within their financial aid as part of the Federal Work-Study Program. Students who qualify may earn up to the amount allocated by working no more than 20 hours per week in various offices on and off campus. To be eligible, a student must submit the FAFSA annually prior to the deadline and follow the steps listed below to obtain a position. Please note that acceptance into the work-study program does not guarantee employment. Furthermore, work-study funds are only paid relative to work performed. Graduate Students are not eligible for work-study.

Steps to Finding a Work-Study Job

1. Go to your GrizLink homepage by visiting https://GrizLink.FranklinCollege.Edu and search student work. 2. Click on Student Applicants. (This page will give you the options of searching the database for jobs, reviewing recently posted jobs, options for email notification of

Page -27

openings, or linking to the Job Planner which will let you view jobs that have been offered in the past.) 3. Review Job Descriptions. (Click on the job title to view details about the job such as pay, hours, duties, etc. Please look closely at Funding Source to determine if this job is open to any students or only those students which qualify for Work-Study.) 4. Click here to apply for this job. (Choose this link, located at the top of the job description, when you wish to apply for the job.) 5. Fill out Application. (Completely fill out the application for the position. Be sure to provide accurate information and a phone number in which you can easily be reached.) 6. Submit Application. (When you are satisfied with the application, simply click on submit application. A copy of your application will be directly sent to the job’s supervisor. The supervisor will contact those students whom they wish to interview and/or hire for the position.)

Tips for Finding a Work-Study or On-Campus Job

• Apply to many jobs to increase your chances. There is no limit. • The best time to find a job is the beginning of first semester. Apply early. • Keep schedules in mind when applying. For example, if you are an athlete, your time could be limited in the evening. • Make personal connections on campus with staff and faculty to identify job opportunities and to express interest in a position.

Students or parents that have questions about the Federal College Work-Study program can call the Coordinator of Campus Employment with Student Financial Services at (317) 738-8007.

Page -28