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Engineering Co-ops : How Much Earned?

Artist2233Artist2233 56 replies21 threads Junior Member
we are trying to crunch some numbers to see if going to a co-op school will help with tuition.
How much can a student earn on an engineering co-op?
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Replies to: Engineering Co-ops : How Much Earned?

  • SybyllaSybylla 4348 replies56 threads Senior Member
    What major? Which school? What are your HS stats?
    Some freshman never get eng internships. Some might not get them until they are juniors, some kids will strike out on their own and find jobs.
    Many kids never make it past the first semester of engineering, factor that into your math.
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  • 4gsmom4gsmom 828 replies29 threads Member
    Our friend with a son at Northeastern made enough to cover his commute with a little left over. The real perk was it was a great company and they hired him when he graduated.
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  • Artist2233Artist2233 56 replies21 threads Junior Member
    let's assume best case scenario - he makes it in engineering - is at one of the school's known for coops (purdue, northeastern, drexel, u cinn, clemson , RIT etc.)

    Just wondering how much people earned on an engineering co-op
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  • TomSrOfBostonTomSrOfBoston 15252 replies1033 threads Senior Member
    As a general rule coop salaries should cover the cost of living while on coop and have some left over for spending money for the next academic term. They would likely not be enough to help with tuition. If the student can live at home while working on coop then there woud be more for tuition. I could not find reliable engineering coop rates but here are some figures for computer science at Northeastern:
    Academic Year 2018-19 Salary Averages
    Student Level
    Average Salary
    Midpoint Salary
    Average top 25%
    Undergraduate First Co-op
    $24.05
    $24.00
    $31.00
    Undergraduate Second Co-op
    $27.28
    $25.00
    $39.00
    Undergraduate Third Co-op
    $31.80
    $30.00
    $44.00
    Graduate Co-op
    $37.26
    $36.00
    $42.00
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  • SybyllaSybylla 4348 replies56 threads Senior Member
    edited January 16
    CS doesn't =engineering. Cs seems to have way more $ potential.
    edited January 16
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  • TomSrOfBostonTomSrOfBoston 15252 replies1033 threads Senior Member
    @Sybylla Agreed but I could not find Engineering figures.
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  • OhiBroOhiBro 514 replies6 threads Member
    edited January 16
    $20 / hour

    https://www.engr.uky.edu/students/student-success/career-development/co-op-students

    UK is a good mid-tier school in a low cost-of-living area. The $20 is probably skewed high by CS majors, which are about 20% of the Eng enrollment.
    edited January 16
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  • NhatrangNhatrang 547 replies1 threads Member
    My company doesn't pay more or less by degrees. First time co-op/intern is $26/hour. Not competitive but not terribly low either.
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  • ucbalumnusucbalumnus 80177 replies720 threads Senior Member
    Student work earnings beyond quarter time in the school year and summer jobs paying high school graduate pay should be considered a bonus, rather than a requirement for college affordability, if at all possible, since not all students will get the better paying co-op or summer jobs.
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  • momofsenior1momofsenior1 8737 replies82 threads Senior Member
    Here's the link for Purdue's engineering co-ops: https://opp.purdue.edu/students/salaries.html

    Note that for my D and most of her friends, the co-op companies are also paying for housing on top of their salaries.
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  • lvvcsflvvcsf 2401 replies58 threads Senior Member
    edited January 16
    My D did a 5 term coop at Purdue and made anywhere from $21.75/hr to $25/hr plus a housing stipend. At 40 hours per week she was making anywhere from 870-1000 a week. She also accrued vacation pay. That's nearly 3500 to 4000 per month. This started about 7 years ago. She graduated in 2018. The housing stipend covered the cost of rent and the rest of her expenses were pretty modest, maybe 700-800 per month. She saved enough to pay the OOS differential, graduated debt free and with some money in the bank. The earnings are not counted towards her EFC and that helped a lot!
    edited January 16
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  • OhiBroOhiBro 514 replies6 threads Member
    Also consider the opportunity cost of delaying graduation with a co-op. If a school has a strong record for employment, the co-op could be a bad deal financially.
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  • RichInPittRichInPitt 1885 replies31 threads Senior Member
    edited January 16
    I suspect summer internships should be about the same as co-ops.

    My D’s Purdue MechE post-Junior year engineering internship this summer is $2100 bi-monthly, which is about $25\hr plus $1500 housing allowance for the summer.

    Her roommate ChemE’s is a bit less, $22 I think, but includes housing and a car for the summer, so it nets out to about the same.
    edited January 16
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  • lvvcsflvvcsf 2401 replies58 threads Senior Member
    OhiBro wrote: »
    Also consider the opportunity cost of delaying graduation with a co-op. If a school has a strong record for employment, the co-op could be a bad deal financially.

    You also have to consider the value of the coop itself. When my D interviewed for positions she was asked few questions about her education but a lot about her work experience. Her starting salary was at the upper end for her major. It added a year to the time it took her to graduate but gave her 22 months of work experience.
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  • momofsenior1momofsenior1 8737 replies82 threads Senior Member
    Co-op students typically have higher starting salaries for their first jobs and more offers to chose from because of their work experiences.
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  • 1NJParent1NJParent 1568 replies35 threads Senior Member
    I'm a little surprised that companies aren't paying more for engineering co-ops. My S earns at twice the hourly rate working as a sophomore TA.
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  • NhatrangNhatrang 547 replies1 threads Member
    edited January 16
    ^^ Wow - Your son makes $40-$60/hour as a sophomore TA?

    What is sophomore TA?
    edited January 16
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  • 1NJParent1NJParent 1568 replies35 threads Senior Member
    ^I meant to say he's working as a TA as a sophomore. His effective rate is even higher. He has to hold fixed office hours but he can do his own homework when no one else is around.
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  • OhiBroOhiBro 514 replies6 threads Member
    Yes, I’m very familiar with co-ops. They’re great for many people, but not everyone.
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  • taverngirltaverngirl 1343 replies38 threads Senior Member
    We were told at Drexel that the average student earns about $17000 on coop.
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