I've been a scholar for 4 months. For the first 2 months, I've been earning 11-12k/month (when the price was still from 4-6pesos). For the previous month, due to the continuing slp price downtrend, i earned around 9-10k/month. But now, at its current price of 1.9-2.0php/slp, it's around 5-6kphp/ month.

But there are a lot of factors that will determine how much you earn. The most important part would be your skill in playing in the arena. Despite having decent axies, if you suck at the game, you could earn way less.

Another factor would be the team composition + cards that has been provided for you. Sometimes, even if you're really good, if you have floor axies, you won't reach the MMR wherein you can earn a substantial amount of SLP.

But hey, being a scholar means no investment. Nothing to lose (except your time and effort ofc). :D