by Kieran Costello, Staff Writer
loan debt is a growing concern for many students, but securing the loan can be
just as stressful.
This is why
getting a job should be the last stressor a student needs, but it can hinder
the chances of getting more aid.
familiar with the FAFSA, or the Free Application for Federal Student Aid, know
that things can change from year to year, as one must fill out an application
annually. Student aid is affected by a student’s income.
encourage students to have a job, it always turns out better to have
employment,” said director of financial aid Jana Albrecht. “The reason we say
that is because a part of students income is families expected contribution
which is so important. That number drives any state or federal grant dollars.”
financial aid with the government can be a scary process for an unprepared
student needing outside help to go to school, but there are things students can
do to predict what kind of support they will get from Uncle Sam.
students are not as affected as independent students when it comes to the
FAFSA,” said Albrecht. “Students can come in with expected income and come to
us and we can run that information and come to us and we can run that
information. For example, if a student came to us and said they were on track
to earn $20,000. We can use that information and tell students just how much
they can work without their aid being affected.” Albrect said.
students are here to come to school, so we want to accommodate them in whatever
way possible.” she added.
may be deterred about watching how much they work, but there are ways in which
students can earn money without it meddling with their aid.
student is eligible for the work-study program, those dollars do not count against
them. They are able to earn money without it affecting their aid. If you have
work study, get work study jobs on campus because they can really help out,”
trick students can use is reporting their assets strategically. The aid formula
only factors in the assets of the day one files for the FAFSA. So if a student
spent all of his money the day before filing for the FAFSA, they could report
$0 in assets. For someone on the border, that could help immensely.