This report recommends reforming Federal Work Study to better serve low-income students working their way through school, and providing them with experience and skills for today’s economy. They authors recommend: Implementing a new distribution formula focused on enrolling, serving, and graduating Pell recipients. Promoting FWS as a career-ready program through the expansion of Job Location Development Programs. Creating a Career Internships Program within FWS. Requiring students, institutions, and employers to agree on what constitutes “course of study.” • Survey the FWS program to further inform policy reforms.