Co-ops (cooperative education) and internships are essentially the same thing. Co-ops by definition are paid positions. Co-op positions generally have two work plans, alternating and parallel.
Types of Co-ops:
- Alternating co-ops rotate between semesters of full-time work and full-time college attendance. You return to the same cooperative employer each work semester until you've completed that particular co-op assignment.
- Parallel co-ops allow you to attend classes for part of the day then work part-time for part of the day. You return to the same employer for each work semester.