The federal government pays the interest on subsidized loans while a student is enrolled at least half-time. For unsubsidized loans, students are responsible for paying the interest during enrollment. Through the Direct PLUS program, parents of undergraduate students may borrow up to the annual cost of attendance minus any financial aid. The program allows you to gain work experience and pay for a part of your educational expenses as you earn your award. Funds for this program come from the federal government as well as The Regents of the University of California and are awarded based on need.
Most jobs are on campus and departments are eager to hire students with work-study awards.
Rather than receiving a check at the beginning of each quarter, students receive their work-study award as earnings from their job in the form of a payroll check. The work experience gained through this program can be a valuable asset when seeking employment after graduation. Our staff is not permitted to offer advice on these complex tax issues.