Q. How many hours can I work?
Student may work up to twenty hours per week while school is in session and forty hours during break.
Q. What happens if I exceed the amount I have been awarded?
The work-study amount awarded is the maximum amount students can earn for the fall and spring semester. Exceeding your work study allowance may result in the loss of other forms of financial aid. In addition, you may be denied federal work study or Loyola Work opportunities in the future.
Q. Can I use my federal work study for the summer?
No, federal work-study may be used during the academic year and students may apply for Loyola Work during the summer. Submit the Summer Financial Aid Application to apply for summer employment.
Q. Are my earning taxable?
Earnings from work are considered taxable income. You will need to determine whether you are required to file a federal or state tax return based on your total earnings from all sources. For more information regarding federal tax returns, visit www.irs.gov/individuals/students. California tax information can be found here, www.ftb.ca.gov/individuals, or visit the appropriate website for your state of residency.
Q. What happens if I don’t use my work award? Do I owe that money?
If you do not plan to use your work award, decline it on your PROWL account. The amount of your work award represents the maximum you are able to earn during the year. You are only paid for the hours you work. You are not required to earn the amount of your award and there is no penalty if you earn less.
Q. What if I do not earn the amount that was awarded to me?
The amount of your work award represents the maximum you are able to earn during the year. You are only paid for the hours you work. You are not required to earn the amount of your award and there is no penalty if you earn less.
Q. Do my work earnings go directly towards my school bill?
Students have the option to have their paycheck credited directly to their student account to help with costs acquired during the school year. However, this is not required. Students may use their earnings for expenses that are not billed through their student account, such as for books and supplies, laundry and dry cleaning etc.
Q. I am having trouble finding a job on campus. Can the Financial Aid Office help me with this?
If you are having problems finding a job, make an appointment with Student Employment Services who will assist you to locate available positions. However, having a work award does not guarantee you will be able to find a job for which you are qualified and that meets your schedule.