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Considering a Student Loan - Be Sure to Borrow Responsibly
Student loans should always be your last option to cover college costs. However, if you do need a student loan, it's important to consider all your options. To learn more about both public and private loan options, click here
If you'd like to meet with an ICAN advisor to review loan options, schedule an appointment
here. ICAN does not complete loan applications, but will review your options with you so you can make an informed decision.

 

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Work-Study Programs

Part of your financial aid package might be federal work-study program. Work-study is a part-time job, usually on campus. The jobs are determined based on your financial need.

About Work-Study

Work-study jobs vary from college to college, but the basic process is generally the same.

  • You're paid directly by the school with a paycheck for the hours you worked.
  • The money is not disbursed at the beginning of the semester like other types of financial aid.
  • Earnings can be used for personal and miscellaneous expenses like books and supplies, rent, and food.
  • Being awarded work-study doesn't guarantee you a job, so apply early. You might want to visit campus before classes start to look for job openings.

Benefits of Work-study

Besides the money you earn, a work-study position can give you additional benefits:

  • You might be able to work at a job in your area of study for experience you can list on a resume.
  • The money you earn doesn't limit your eligibility for future financial aid.
  • On-campus jobs are flexible and can work around your class schedule.
  • A job on campus is easy to get to and usually doesn't require a car.
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