UNIVERSITY OF ALASKA ANCHORAGE
The Federal share of compensation paid to students does not exceed 75 percent for work on-campus, or work in a public agency or private non-profit organization, unless waived by the Secretary. The Federal share of compensation paid to students does not exceed 50 percent for jobs with a private-for-profit organization. No more than 25 percent of an institution's work-study allocation may be used for private-for-profit organizations. This grant to UAA provides FWS employment to its' students. An institution is entitled to an administrative cost allowance for an award year of 5 percent of the first $2,750,000 of its' program expenditures, plus up to 4 percent for expenditures greater than $2,750,000 but less than $5,500,000 plus up to 3 percent of expenditures in excess of $5,500,000. An institution is required to use at least 5 percent of its' total FWS allocation to pay the Federal share of wages to students employed in community service jobs unless it receives a waiver. Federal College Work Study provides need-based financial aid to students.