Frequently Asked Questions
How
do I apply for a year-round internship?
Students interested in a year-round internship
should submit a cover letter, resume and unofficial transcript to
DITSIP@fdic.gov.
Students should specify whether they are applying for a STEP or SCEP
internship.
Will I
have to complete any other paperwork if I am considered for a
position?
Yes. Applicants that are contacted for an
interview and/or candidates that receive an offer for a job will have to
complete a hiring package to include an FDIC Application for Student
Educational Employment Program, Applicant Certification Statement,
Declaration for Federal Employment, in addition to other forms that may
be required to secure a position with FDIC.
How do I know what kind of internship to apply for (STEP or SCEP)?
STEP
internships do not need to be directly related to a student’s academic
or career goals. In the STEP program, there is no possibility for
conversion to a competitive appointment upon completion of the program.
SCEP internships are based on the possibility of a student’s
conversion to a competitive appointment within the FDIC upon completion
of the program. A student is only eligible for the SCEP program if the
work relates directly to their education and career goals. SCEP
internships require that the student complete 640 hours of work time
before the completion of their degree/certificate, in order to be
eligible for conversion to a competitive appointment.
Both programs allow for full-time and part-time work schedules. Students
must be enrolled at least half-time in an accredited school in order to
be eligible for either program.
How
will I know if my application is being considered?
Because of the volume of resumes received, it
will be impossible to contact all of the applicants individually.
All applications for internships will be considered active for up to one
year from the date the application is received. We will contact
only those individuals who we deem as potential candidates for an open
position.
When
will I hear from you about an interview?
Qualified candidates will be notified via phone
and/or email regarding interviews and/or selection.
When
will you make offers to successful applicants?
Once a candidate has successfully completed the interview
process and is deemed a fit for an opening, we first extend "tentative"
offers by telephone with a follow-up letter or email which includes an
application form used for the required background checks. Once a
successful background check is completed and reveals no problems, we
then send a formal offer letter with proposed grade and salary. This
process can take up to one month.
How
are offers made?
“Tentative” offers are made first by telephone by
the DIT administrative staff and followed up with a letter or email. All
final offers will be made by FDIC’s Human Resources Branch, which will
confirm grade and salary, but only after a successful background
investigation is completed.
Do
you pay travel/room and board expenses?
The FDIC does not pay for travel or room and
board expenses.