Financing Your Education - Work Study Opportunities The Federal Work-Study Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance by providing them with part-time employment. Not only does the Federal Work-Study Program provide part-time employment, it also encourages these students to participate in community service activities. Types of Financial Assistance From The Department of Education The US Department of Education was initially created to encourage the promotion of student achievement and their preparation for global competitiveness by way of fostering academic excellence and ensuring equal access to quality education. What is the Difference between Getting a Federal Student Loan and a Private Student Loan? Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest. 7 Steps Towards Choosing The Perfect College In most instances, the problem doesn't stop with finances. Students often find it hard to choose the right school for them, pick the course that best suit their needs and abilities.