Colleges generally don't impose special requirements on employers offering jobs to students, but for internships, you may need to meet certain criteria. Students may have to attend classes, write papers on your industry or company, or do other assignments related to the internship. A reasonable amount of cooperation and assistance on your part is expected. Student wages vary widely, depending on the location, the industry, the skills sought, and the local employment outlook. A student with specialized high-tech training might command a high hourly wage, particularly in a tight labor market.
Some students earn a flat fee.
Interns are often unpaid or receive academic credit. Students are subject to the same federal and state labor laws as other workers and should be classified as employees or independent contractors. Requirements for wages, worker's comp and other labor laws applicable to students vary among the states. Contact your state department of labor for information. Students are generally motivated, dedicated and reliable, but they've also got demanding lives and shifting priorities.