How do the treasury board government student pay rates work? I’ve accepted a co op job offer, and the pay is according to the treasury board guidelines for coop students. Is this just based on the year of study, or other factors as well? For example undergraduate step 1 is $16.49/hr and and undergraduate step 2 is $17.64/hr. I will be working the summer after my second year, so am I in level one or two for pay?