e5 Earnings Comparison
e5 Earnings Comparison
The information provided below is an overview of projected wages or earnings of a participant of the E5 Scholarship program over a 30 year period of time. The analysis is based on the most current data aggregated from The College Board's Annual Survey of Colleges.
Wage |
Hours Worked |
Gross Pay |
|
1-6 mo |
10.50 |
1040 |
10,920.00 |
7-12 mo |
11.50 |
1040 |
11,960.00 |
13-24 mo |
12.35 |
2080 |
25,688.00 |
25-36 mo |
14.25 |
2080 |
29,640.00 |
37-48 mo |
16.15 |
2080 |
33,592.00 |
111,800.00 |
|||
Cost of school |
$(4,160.00) |
||
Loans to repay |
None |
||
Interest on loans to repay |
None |
||
Medical / Vacation / Holiday benefits |
Included |
||
Gross Pay 1st 4 years less School Cost |
107,640.00 |
||
Year |
|||
5 |
18.00 |
2200 |
39,600.00 |
6 |
19.26 |
2200 |
42,372.00 |
7 |
20.61 |
2200 |
45,338.04 |
8 |
22.05 |
2200 |
48,511.70 |
9 |
23.59 |
2200 |
51,907.52 |
10 |
25.25 |
2200 |
55,541.05 |
11 |
25.00 |
2200 |
55,000.00 |
12 |
25.00 |
2200 |
55,000.00 |
13 |
26.00 |
2200 |
57,200.00 |
14 |
26.00 |
2200 |
57,200.00 |
15 |
27.00 |
2200 |
59,400.00 |
16 |
27.00 |
2200 |
59,400.00 |
17 |
28.00 |
2200 |
61,600.00 |
18 |
28.00 |
2200 |
61,600.00 |
19 |
29.00 |
2200 |
63,800.00 |
20 |
29.00 |
2200 |
63,800.00 |
21 |
29.00 |
2200 |
63,800.00 |
22 |
29.00 |
2200 |
63,800.00 |
23 |
29.00 |
2200 |
63,800.00 |
24 |
29.00 |
2200 |
63,800.00 |
25 |
29.00 |
2200 |
63,800.00 |
26 |
29.00 |
2200 |
63,800.00 |
27 |
29.00 |
2200 |
63,800.00 |
28 |
29.00 |
2200 |
63,800.00 |
29 |
29.00 |
2200 |
63,800.00 |
30 |
29.00 |
2200 |
63,800.00 |
Over 30 year period |
$1,622,910.31 |