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This is a tricky one. If you think this opportunity will get you somewhere either leading to more paid work or future connections, I would say consider it. Otherwise, it's just a waste of your time and money!
I'd be leery of this myself. It'd really depend on how confident I was in it leading to a full time role. If I thought there was a 75%+ chance, I'd go for it. Otherwise, I wouldn't be able to justify it.
It’s hard to gauge, I’m able to shadow other departments at my company during shift without any issues. If I couldn’t do that I honestly can’t say if I’d ever do it, I hate the idea of doing work in my free time.