Work-study is a program that includes working at an outside job to help pay for school. taking a school job to help pay for an education. agreeing to serve in the military for financial aid. participating in a service program to receive aid. Work-study is a program that includes working at an outside job to help pay for school. taking a school job to help pay for an education. agreeing to serve in the military for financial aid. participating in a service program to receive aid.