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In This video, "Co-Op Programs Vs Internship Programs How They Work & Which Is The Better Fit For The Student." We go over the differences between Co-op's and Internships for college students. These terms are often used interchangeably, but they are different opportunities. In this article, we discuss everything you need to know about the differences between a co-op and an internship along with a section of frequently asked questions.
Co-op vs. internship
The primary difference between a co-op and an internship is the time invested in each program. Internships are brief work experience programs that last for about one semester and most are completed over the summer. Many college students participate in several internships throughout their time in school to gain experience in different positions. Co-ops usually last for a longer duration with your responsibilities increasing as your education progresses.
Co-ops are traditionally full-time, paid positions. "Internship" usually refers to a one-term work assignment, most often in the summer, but not always. Internships can be full- or part-time, paid or unpaid, depending on the employer and the career field.
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Gathering the Documents Needed to Apply
The FAFSA questions ask for information about you (your name, date of birth, address, etc.) and about your financial situation. Depending on your circumstances (for instance, whether you’re a U.S. citizen or what tax form you used), you might need the following information or documents as you fill out the FAFSA application:
Your Social Security number (it’s important that you enter it correctly on the FAFSA form!)
Your parents’ Social Security numbers if you are a dependent student
Your driver’s license number if you have one
Your Alien Registration number if you are not a U.S. citizen
Federal tax information, tax documents, or tax returns including IRS W-2 information, for you (and your spouse, if you are married), and for your parents if you are a dependent student:
IRS 1040
Foreign tax return or IRS 1040NR
Tax return for Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federated States of Micronesia, or Palau
Records of your untaxed income, such as child support received, interest income, and veterans noneducation benefits, for you, and for your parents if you are a dependent student
Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate (but not including the home in which you live); and business and farm assets for you, and for your parents if you are a dependent student
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