<p>Hoping someone can help me with this....my daughter will be earning more money this summer than in the past. We found that the student income protection allowance for the 2014 -2015 academic year is $6260. We are assuming this is the 'gross' income earned, not the 'net'. Can someone please confirm that? Thanks!</p>
<p>it’s the gross. But then there are additional allowances for any federal taxes, FICA, and a % of income based on her State of residence. So it will be a little higher.</p>