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 |
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