How to Make Money as a College Student

When you're in college, money will almost always be tight. It doesn't matter whether you are enrolled at a community college or a fancy ivy league school, finding ways to make ends meet while you are trying to stay on top of your studies is a challenge. Read on to learn some helpful ways to earn extra cash without putting your grades in jeopardy.

Method 1 - Getting Paid to Learn

1.Apply for new scholarships and grants. A lot of students think that they are only eligible for funding when they initially apply for admission. This is a mistake! There are often new scholarship opportunities for upperclassmen, though they aren't always widely advertised. You may also be able to apply for external scholarships or grants, which are offered from groups outside of your school.

2.Offer your services as a tutor. One of the best ways to learn a subject is to teach it. By becoming a tutor, you can hone your own knowledge of your field of study, perform a valuable service to others, and earn some needed cash—it's a win-win scenario for everyone involved!

3.Get paid to take notes. You are hopefully already taking careful, thorough notes in your classes for your own benefit. Why not make your efforts pay out double?

4.Watch for emails asking for note-takers. Once a fellow students' needs are documented, disability services will contact the professors and ask for volunteers in the class to take notes, and your professor will in turn email the class.

5.Advertise your services yourself. You can also contact disability services directly to see if they have a need for note-takers in the courses you are taking, or you can advertise your services yourself to your fellow classmates.

6.Proofread your classmates' essays. If you excel at writing and editing, you can hone your skills and get paid for it at the same time by offering to proofread your classmates' papers for a reasonable fee.

7.Study the honour code carefully. If you do get work proofreading, be careful about how you offer feedback and make suggestions for revision. You should be very familiar with your school's honour code and rules regarding plagiarism.

8.Take advantage of your strong typing and computer skills. If you are a fast and accurate typist, if you are great at creating interesting presentations with sophisticated graphics, or if you excel at creating tables and graphs to represent data, you may be able to get paid to teach and help other students with their assignments and hone your own skills at the same time.

9.Visit Career Services. Most campuses have a Career Services office which counsels students on job market possibilities, and which helps prepare them for applying and interviewing as they near graduation. Don't think, however, that you should only use this resource as a senior.

10.Enter academic competitions. You can pretty regularly find advertisements for essay contests and scholarly competitions (such as science or engineering competitions) which offer cash prizes for the top performers.

Method 2 -Finding Other Ways to Make Money on Campus

1.Apply for work-study. Even if you weren't awarded work study when you first applied to your school, you may be able to apply now. Make an appointment at the financial aid office to see if you can still apply (or reapply, if your financial situation has recently changed).

2.See if your college participates in the Federal Work-Study Program. This program provides part-time work opportunities for students with financial aid and guarantees that you'll be paid at least the federal minimum wage.

3.Become an RA. If you live in the dorms, are an active participant in dorm and campus activities, have a good grade point average, and enjoy working with and counselling others, then becoming an RA (resident assistant) could be a great opportunity for you.

4.Become a guinea pig. Scope out bulletin boards on campus for advertisements looking for volunteers for psychology studies or medical experiments.

5.Verify that the experiment is safe. Before you agree to participate, make sure that the experiment was approved by an Institutional Review Board or a Human Subjects Participant Program. This will help ensure that your rights and physical and mental well-being are protected.

6.Look for off-campus research trials. If you can't find opportunities to participate in research on campus, go to the US Government's official clinical trial website to find legit trials in your area. You can also visit the web pages of local hospitals to see if they are looking for participants.

7.Sell your textbooks at the end of the term. One of your biggest expenses may be the cash you have to set aside for textbooks. You can usually get a good chunk of your money back at the end of the term by selling back your books.

8.Become an organizational guru. It's hard to succeed in school (or at any job!) if your work materials are a messy nightmare. Spend some time developing your organizational skills, and then advertise your services to your fellow classmates, and possibly even your professors.

9.Offer your cleaning and laundering services. College student usually isn't known for keeping spotless rooms or staying on top of their laundry. If you don't mind doing either of these tasks and if you can stand the mess and stink, consider getting paid to clean dorm rooms or do laundry for your lazier classmates.

10.Open a salon in your dorm room (or make house calls). If you are talented at doing nails, hair, or make-up, consider advertising your services to your classmates, especially before big events like sorority formals or Valentine's Day.

11.Open a snack-shop. It's not a secret that college students get the munchies! If you're good at baking (or even just scoping out good deals on prepackaged snack items), take advantage of your classmates' perpetual hunger.

12.Set up a recycling centre on your dorm room floor. If you live in a state which accepts bottle redemptions, you can make easy money by collecting and returning soda cans.

Method 3 - Finding Jobs Off-Campus

1.Seek out tip jobs. As a college student, having access to quick cash is extremely helpful. Look for part-time job opportunities that will allow you to walk away with cash in hand at the end of your shift.

2.Get a part-time job at a local shop. Hit the pavement and check out the local businesses around your area. You may be able to find part-time work that fits around your school schedule.

3.Visit a temp agency. The process of finding an available job can be simplified by enlisting the help of a temp agency. They can sort through all the ads for you, and already have established relationships with local businesses.

4.Babysit or nanny for local families. If you are responsible and good with children, you can often find steady work as a babysitter or nanny.

5.Consider signing up for professional babysitting services. These businesses screen and run background checks on their sitters. Many parents are more comfortable placing their children in the care of sitters who have been vetted through this process.

6.Advertise your babysitting business on campus. You may also consider offering your services to your professors. If you are their current student, they may not feel comfortable (or be allowed to) hire you, but they may be able to recommend you to other of their friends and colleagues.

7.Negotiate additional tasks for extra pay. If you are already spending time in a home taking care of children, you may be able to make some extra cash by going above and beyond.

8.Work with children in other ways. If babysitting isn't your thing, you may find fulfilling and lucrative work by tutoring or coaching elementary or high school students.

9.Work with animals. If you connect better with animals than people, then you may be able to find work that puts you in contact with our non-human friends, which will be good for both your mental and your financial health.

10.Get paid to work outside. If you're young and strong and like to be outside, then starting a business in which you do yard work or landscaping could be right up your alley.

11.Use your vehicle to your advantage. If you own your own car, are insured, and have a good driving record, then there are various ways you can put your car to work for you.

12.House sit. Do you know anyone who is planning to take a long vacation, or has your professor mentioned their plans to travel overseas on their sabbatical? If so, you may be the perfect candidate to house-sit.

13.Network to find house-sitting opportunities. Let your family, friends, and professors know about your availability to house-sit. It's usually best to try to find a friend-of-a-friend (or a coworker or boss of a friend or parent, etc.)

14.Sell blood and/or plasma. Why not perform a valuable service for others while getting paid at the same time? Depending on whether you are giving blood or plasma, you can usually make in the range of $20-45 per “donation”.

Method 4 - Working from Home

1.Sell your gently used clothes to consignment shops. Take a careful look at your closet; how much of it do you regularly wear? How much of it still fits? How much of it is still in style? There's a good chance that you have a decent amount of money tied up in your wardrobe.

2.Sell your stuff online. If there isn't a good consignment shop nearby (or if you think you may be able to make more by selling your items yourself), you may want to consider selling your no-longer-wanted-or-needed possessions online. Craigslist and eBay are two popular sites to try.

3.Have a yard sale. You can also set up shop in your own yard (or driveway, or garage). Many areas have active yard sale scenes, and it takes minimal work for you to be able to meet up with those who are looking for great deals.

4.Write online. If you are good with the written word, you should be able to find plenty of opportunities to write (or edit others' work) online.

5.Start your own blog or website. If you want your work to remain your own, and if you want the freedom to write about whatever topics interest you, you can think about creating your own website or blog. If you get enough followers, you can start to bring in revenue through advertising.

6.Start a YouTube channel. If you prefer visual media and are great at creating videos which are funny or informative, you may also be able to make money by creating a YouTube channel with advertising.

7.Turn your hobbies into a business. Do you love do-it-yourself projects? Are you able to knit, crochet, work with wood, or craft hand-made jewelry? If so, you may find a good client base by setting up shop on sites like eBay or Etsy.

8.Perform paid administrative work. If you have basic computer skills and don't mind doing repetitive work, you may be able to find work stuffing envelopes, doing data entry, or working as a telemarketer from your home.

9.Make the most of your time online. If you already spend too much time surfing or shopping online, you may be able to find a way to turn your time-wasting past time into a profitable venture. There is a various business which offers you small amounts of money to take surveys (such as iPoll.com), download apps or listen to music.

10.Design an app. There's a lot of potential money to be made in the mobile app business. If you've got an idea for a great new app that can either provide people with a fun diversion or help them organize their life or learn in creative new ways, you may be sitting on a potentially lucrative idea.

Method 5 - Making Money by Saving Money

1.Rent a room. If you rent or own off-campus, you can free up a large chunk of cash by cutting down on your share of rent and utility expenses by finding a roommate. 

2.Save money on books. Books are a large expense for any college student, but it's not a good idea to forego purchasing them at all. There are, however, various ways to potentially save hundreds on your book costs over the course of the school year.

3.Look for used books. You can usually find cheaper options (both new and used) online or by going to local used bookstores, who often buy books from students at the end of the term.

4.See if you can use an older edition. If your professor has assigned a newer edition of a text, you may be able to get buy with an older (cheaper) edition of the text. Publishers often make very few changes from edition to edition, and the only thing that may vary is the page numbers or the occasional addition of a new reading.

5.Rent or share textbooks. You may also be able to rent your textbooks for a much-reduced cost, or you can split the cost of a pricey book with a classmate or roommate who is enrolled in the same course.

6.Carry cash only. You may be able to spend less by limiting yourself to only paying for items with cash. Put your debit and credit cards away, or tuck them in corner of your wallet to only be brought out for emergencies.

7.Save on food on campus. If you live on campus, you may be required to purchase a dining plan. If so, select the most economical plan (be honest about how often you'll be willing or able to go to the cafeteria).

8.Opt out of your dining plan. If you are able to, you may be able to save more money by opting out of a dining plan and buying your groceries yourself.

9.Save on clothes. Sure you want to look good, but you don't have to spend a lot to stay on trend. Consider simplifying your wardrobe: build a solid base of classics that you can easily mix and match.

10.Barter your services with friends. Do you spend more than you'd like getting your hair and nails done each month? Do you have a friend who can't resist the pastries at the coffee shop or who pays for a personal trainer? Think about what both you and your friends spend money on, and then see if there's a way for you to barter and trade services with each other in order to save money.

11.Reduce your transportation costs. The costs associated with commuting to and from school (or across town as you run errands) can be quite high. In an effort to save money on gas, insurance, and parking, try to take public transportation as much as possible.

12.Cut out luxuries. You may think that you can't live without your cable or Starbucks, but be honest with yourself. It's probably just the caffeine you need and not the $4 latte.

13.Take advantage of student discounts. Before you head out to a local restaurant or museum, do some quick research to see if they offer discounts for students. As a student, you can often get free admission or great deals with your student identification.

14.Look for free entertainment. How much money do you currently spend going out to movies, bars, or clubs? While it's important that you have a social life and find ways to relax when you aren't hitting the books, you don't have to spend a lot of cash (or any!) to have a good time in your free time.

15.Consider joining one or more of the clubs on campus. Besides being able to meet new and interesting people, some of them have regular activities (like movie nights) or even take service trips over school breaks.

 

source: wikiHow

 

 

Published on: 4/5/18 3:24 AM