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Old 10-04-2004, 12:51 PM
SmileyEH SmileyEH is offline
Senior Member
 
Join Date: Jun 2004
Posts: 431
Default Re: Taxes and College Financial Aid

Thanks for the replies all. I received a PM shortly after posting telling me that the financial aid formula will expect 35% of my earnings be dedicated toward school...thus my package will be adjusted accordingly.

As I expect to use the vast majority of my earnings to pay for school, I think I will keep playing fairly seriously to help my parents out with the burden.

Also, while my results are only over the last month and a half I'm certain that they have statistical significance (+200 SNG's with ROI ~40%). I could be running well meaning my estimated monthly earnings could be off by at the most 40%. In any case, even at that rate about half of my tuition should be covered.

-SmileyEH
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