Question: how much can you make before losing financial aid?
Answer: Most college students can earn more. An hourly wage of $11 to $12 should be sufficient to earn $10,000 per year. Assuming an IPA of $6,400, 7.65 percent in FICA taxes and a typical 3 percent state and other tax allowance, the student can earn up to $7,162 before there's any reduction in need-based financial aid.