<p>Up to what amount can a student earn (outside/independent of work study) without his or her salary affecting FAFSA and EFC numbers? </p>
<p>I know this has been discussed before, but no number comes to mind. Thanks!</p>
<p>Part of me believes that you can not put a concrete $ amount on this jsut as there are over 3000 colleges in this country, there are just as many ways to calculate financial aid. </p>
<p>As you progress in school, the student contribution is going to increase as some of the "burden' for the cost of education shifts from parent to student in the hope that student does become a more active participant in their education. From a financial aid stanpoint this happens across the board as each subequent year, the sudent is eligible to take a larger subsidized loan for his/her education. The amount of workstudy increases each year along with the student contribution from summer earnings.</p>
<p>Remember with the exception of paying for college and the purchasing of alcohol/tobacco, in every other aspect of their life an 18 year old is an adult.</p>
<p>The Federal (FAFSA) threshold is $2,620 for dependent students. You can make that without increasing your EFC ($0 student contribution to EFC from income). Every dollar above that will increase the EFC by 50 cents.</p>
<p>For Profile (Institutiona Methodology), the minimum Freshman student contribution to the EFC is $1,150. If the student makes over $2,490, the student contribution to the EFC goes up a whopping 75 cents for every additional dollar earned.</p>
<p>Federal Work Study income is excluded from the above numbers, which makes them more valuable dollar for dollar than non-work-study jobs.</p>
<p>sblake7, where did you get this information? I have no idea where to look.</p>
<p>I use the Princeton Review's "Paying for College Without Going Broke" as a resource for things like that. Very detailed, and helped me a lot when learning about this stuff.</p>
<p>What about doing freelance web design.. sometimes it's just money transfer.. does that "technically" count as part of your income?</p>
<p>"What about doing freelance web design.. sometimes it's just money transfer.. does that "technically" count as part of your income?"</p>
<p>Er-- yeah. Technically, and not so technically.</p>
<p>You could go to the technical jail for not reporting the income, though...</p>