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Frequently Asked Questions





Q.


What is work-study and how can I get a work-study job?

A.


Most Christian colleges offer campus work to students. Some will offer only work to those who qualify under the federal work-study program, which is need-based (must file the FAFSA to determine eligibility). Others offer work to students that is not funded by the federal government but is paid out of institutional funds.
If a student qualifies for federal work study, the earnings are excluded from the FAFSA the following year (see worksheet C on page 8 of the 2004-05 FAFSA application). Students who work on campus are likely to meet staff and faculty in supervisor roles who will stress integrity, a good work ethic and commitment to work that goes beyond just receiving a paycheck.
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Q.


What is the difference between subsidized and unsubsidized loans?

A.


The government pays the interest of subsidized loans while you are in college. You will start paying back your loan with interest six months after graduation. Unsubsidized loans accumulate interest for you to pay while you are in college.
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Q.


Does everyone have to do loan counseling to borrow?

A.


Yes. All borrowers must complete entrance and exit loan counseling to be eligible for federal loans. Some counseling can be completed online, and some require workshops and quizzes. Ask your financial aid office about loan counseling if you plan to borrow.
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