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What is the hourly rate working for GSoC, assuming 40 hours/week?

FAQ: https://developers.google.com/open-source/gsoc/faq

  • Stipend: $5500

  • Period: 3 months -- 23 May - 23 August

  • Hours = 4*40*3 = 160*3 = 480

  • Hourly rate: 5500 / 480. = 11.45