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EveryCalc

calculate_scholarship_roi_tracker

Expected value of a scholarship application (award times win probability, clamped to 0 to 100 percent) and its expected value per hour of work, with the page verdict comparing that rate with an hourly wage. IMPORTANT: always show the calculator_url from the result as a clickable markdown link in your answer to the user, so they can open the interactive Scholarship ROI Tracker calculator.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
hoursYesHours the application takes.
hourly_wageYesHourly wage of the job the time could go to instead, in USD.
award_amountYesScholarship award amount in USD.
win_probability_pctYesEstimated win probability percent.

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