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.
Each college designs its own financial aid award letter. Standards for financial aid award letters are considered voluntary âbest practicesâ and are not mandatory. Nearly a third of financial aid award letters do not mention the collegeâs cost of attendance. Of those that do, many do not list all college costs. Many list only the direct costs, such as tuition, fees, room and board (if the student lives on campus), which are paid to the college.