I am 41.
For my education requirment I had to do journal entries every day about what I learned. I also had to be evaluated mid-internship and when I complete my 300 hours. Then I have to give a presentation. I have completed my hours, evaluations and journal entries. I just need to make the presentation and then I've completed the PSU educational requirment of my for-credit internship.
For the intership requirements of my job (we acutally had to sign an agreement) I get treated just like every other employee. I am on the same federal evaluation cycle, same sick and annual leave accumulations, same
GS pay schedule, same telework opportunities, and now I do the exact same work as the full-time auditors. The only difference is that my audits, currently, are those with no obvious complicating factors. Having to do grunt work would be useless. It does not enhance your education or experience, at least in my opinion it does not.
Oh, and it wasn't provided through the university nor did they assist in obtaining it. I had to seek out and apply for all internships. I landed a great one.