I have firsthand experience of the frustration that these sort of discontinuities can cause. I lost all financial aid and nearly all "scholarship" money my senior year of undergrad after my 6 month coop at Intel put me over some income limits (probably around $33k per year). All told, I was probably ~$5k ahead compared to where I would have been with the scholarships and without the income.
Still, it would have been nice to do something more productive than spend six months at Intel for ~5k after taxes.
Still, it would have been nice to do something more productive than spend six months at Intel for ~5k after taxes.