Students with high-paying summer jobs might lose financial aid benefits. Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. While you may be working to help pay for college, the money you earn could affect the financial aid you receive.

Does having a job affect your financial aid?

As it turns out, a part-time job – or the earnings from a part-time job – can impact financial aid. When the FAFSA is filed, it not only takes into account parental finances and contributions but a student’s as well. When a student includes their income on the FAFSA, it makes them appear less in need of financial aid.

Why is there no summer break at University?

So, while there isn’t an explicit summer vacation, implicitly it appears that summers away from school are due to a variety of factors. As is the case with White and Gillis, students needing to fund their education would take the summer to work and from that, the university cuts some of their costs by not offering as many summer courses.

When do I need to get a summer job?

Private student housing companies like UNITE also often need people to staff their call centres or process paper work during the summer, especially around early July up until November.

Do you have to work during summer break?

Any summer vacation plans you had may have to be put on hold. As a seasonal worker, you may have to work a variety of different shifts. Depending on the company, this could mean early morning shifts or late night shifts. Your schedule may require you to work on weekends, evenings, and holidays.

Are there any pros to working during the summer?

Below are a few pros from working during your summer. The job search process will not only improve your interview skills, but also your coping skills with any potential rejections you might face. It gives you the chance to take a break from college without running the risk of becoming lazy and falling into the “ summer slide .”