The increase of tuition costs and the decrease of governmental and family supports, combined with the changes in student's lifestyle and consumption preferences have forced many full-time students not only to take parttime jobs, but also to work longer hours. Today, working while enrolled has become a fundamental responsibility for many undergraduate students, and it is thus important for higher education institutions to ensure that students work safely and meaningfully and to help them to benefit academically, financially, and socially. This research thus endeavored to determine the major determinant perceived by students for term-time employment selection, to calculate the relative importance of each determinant, and to examine the benefits and detriments of different types of term-time employments. A self-developed questionnaire was administered to 250 college students. The results were utilized as a guide for students’ career selection and for educational policy development.