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.
Guide to Financial Aid Award Letters. 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.fter you receive the award letter, you may be asked to return a signed copy of the letter in which you accept or reject each source of financial aid. The college will not increase other aid to compensate if you reject part of the financial aid package, such as loans.