For award years 1993-94 and following, the maximum Federal Share is 75 percent. The institutional contribution must usually equal 25 percent. The institutional share may be waived under certain conditions. The disbursement of FWS awards is a two-step process. Second, institutions award these funds to eligible students according to their own financial aid packaging policies.
Institutions determine which eligible students receive awards and how much they receive.
Administrative cost allowance may be taken if the institution provided employment to its students in that award year. The percentage of students participating in the program varies by school type. Less than one percent of proprietary students receive FWS while about 11 percent of students at private institutions do so. 7.2 percent of dependent undergraduates but only 2.7 percent of independent undergraduates receive FWS employment. Less than one percent of part-time students received aid.