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updated 4/12/2011 3:16:07 PM ET 2011-04-12T19:16:07

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Just days after it was announced that Snooki, The Situation and their fellow Jersey Shore castmates had finally renewed their contracts to shoot season four in Italy, we're now finding out exactly how much they're actually getting paid!

MORE: Snooki &J-Woww Are This Week's Most Valuable Partyers!

$100,000 per episode!

Each!

Yep. A source close to the show confirmed to E! News that all eight members will receive that much to fist pump their way around Florence starting, most likely, in a couple of weeks.

Not a bad pay raise when you consider they "only" earned $30,00 per episode last season.

Looks like the $32,000 that Snooki got for speaking at Rutgers University recently was chump change.

--Reporting by Whitney English

WATCH: France Loves Jersey Shore

© 2012 E! Entertainment Television, Inc. All Rights Reserved.

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