This report on the Federal College Work-Study (CWS) Program is based on data obtained from students holding CWS jobs, employers hiring students under the program, financial aid personnel administering the program at the institutional level, and officials implementing the program at the regional and national levels. The objectives of the study were to gain information about: (1) the types of programs operating at different institutions, (2) the consequences of the program for students, institutions, and employing agencies, (3) the extent to which existing institutional channels and machinery at the national, regional and institutional levels have been effective in implementing and administering the program, and (4) the extent to which the program is accomplishing its stated objectives. The major conclusion of this study is that the CWS program is achieving its primary goal of enabling students from low-income families to help defray the costs of postsecondary education with the earnings from parttime and summer employment. On the average CWS earnings are paying half of the basic costs of attending college. (Author)