The rules on travel hours of work depend on whether an employee is covered by or exempt from the Fair Labor Standards Act (FLSA). For FLSA-exempt employees, the crediting of travel time as hours of work is governed under title 5 rules-in particular, 5 U.S.C. 5542(b)(2) and 5544(a)(3) and 5 CFR 550.112(g) and (j).
1 The average 2014-15 first-year financial aid package was $40,200. 2  The range of the packages was $2,000 to $60,000. 3  47% of students received need-based grants. 4  46% received some form of financial aid.
Advertisement After you submit your application for financial aid, you will receive a financial aid award letter from the college(s) to which you applied, typically in early to mid-April.This letter spells out the details of your financial aid package. financial aid package is a collection of different types of financial aid from multiple sources. It is intended to help you fill the gap between your ability to pay, your expected family contribution or EFC, and college costs, or the cost of attendance or COA.