As a freshman, I scored the greatest job in college: I worked as an assistant in the communications department, signing out photography kits and keeping an eye on the computer lab.
I worked the late shifts, which no one else wanted. But I loved it. No one came into the building, so I could write papers and study for exams while getting paid. It was perfect.
However, jobs like that one are few and far between. Competition for on-campus jobs can be fierce. In addition, if you’re a freshman, finding an off-campus job can be tough, and almost impossible at some rural schools.
If you’re wondering how to make money in college, don’t despair. There are many ways to earn cash outside of on-campus gigs. Even better, you don’t even have to leave your dorm.
Difficulties earning money as a freshman
It’s just a couple of weeks until the start of the next semester. If you’re a freshman, that means you’re likely a mix of terrified and excited. Between roommates, rigorous class schedules, and finding your way around campus, the experience can be overwhelming.
Another worry is having enough money for the occasional pizza run, buying books, and taking trips off-campus. For freshmen, it can be especially difficult to find a well-paying job. Some universities ban freshman from having cars on-campus, so you can’t just drive to a job a few miles away from school.
Also, getting through your freshman year is hard work. You likely are facing a tougher workload than you’ve ever had before. Lengthy papers, midterms, and finals can be exhausting. All of that work makes committing to a set work schedule difficult. Instead, pursuing non-traditional gigs is likely your best option.
What to look for in a job
If you don’t know how to make money as a college student, know that there are tons of options out there that can fit your interests and schedule. Before committing to any one gig, make sure you consider the following factors.
The best college jobs are scalable, meaning you can earn more money if you want, or slow business down when you get busy. Side gigs and non-traditional work are typically your best options for work. You can work as much (or as little) as you want. If you need cash quickly, you can spend more time working to earn money.
Most on-campus jobs have strict schedules. Your shifts can make your life difficult when a major paper is due or when you have to study for finals. A non-traditional job allows you to set your own schedule. If you need two weeks off to study or relax, you can allow yourself to do that.
On-campus jobs aren’t exactly lucrative. In fact, many pay minimum wage. Depending on where you live, that means you could earn as little as $7.25 per hour. Side gigs can pay much more, and in some cases, you could earn up to $20 an hour.
How to make money in college
With those factors in mind, here are seven ways to make money in college and tips on how to get started.
Since you made it into college, you likely got through the SATs and are familiar with the basic subjects. That experience makes you eligible to work as a tutor for young children and high schoolers.
Online tutoring is common nowadays, and you can work with kids over Skype. Tutors make an excellent hourly wage. Depending on your area of expertise, you could make $20 per hour or more.
Check out these two sites to get started:
- Chegg: With Chegg, you can tutor students across the country whenever it’s convenient for you. Chegg pays weekly, so it can be a great source of income for college students. If you’re good at in-demand subjects like physics or calculus, you can charge more for your services.
- Student-Tutor.com: This site caters to middle and high school students who need help with math, science, or English, as well as high school students preparing for the SAT/ACT exams. You can earn up to $23 an hour.
2. Graphic design
If you’re a design major, or just love doing graphic design in your spare time, then creating logos, brochures, and postcards for clients can be a great side hustle.
You don’t need to be advanced or have an extensive portfolio. Many small businesses are looking for simple designs. You can start out offering your work on Fiverr. After building out your portfolio, you can reach out to potential clients on your own.
3. Reselling online
If you need cash quickly, one place to start is by going through your dorm and selling things you don’t use. You can make money selling old clothes, accessories, or movies.
You can expand this into an ongoing gig by offering to sell classmates’ things online and taking a portion of the sales as commission. Or you can check out the college classifieds to see if students or faculty are giving away sporting equipment, tools, or books. You can pick them up for free and sell them online.
4. Virtual assistant
Small business owners often need an assistant to help them with day-to-day tasks but don’t have the budget for full-time help. Instead, they turn to virtual assistants, who work remotely.
As a virtual assistant, you’ll take care of tasks like scheduling social media posts, updating your client’s calendar, or making travel arrangements.
The pay can vary depending on the work and the company you work through, but you can expect to make about $11 an hour to start, according to salary data found on Glassdoor.
If you speak another language, you can earn a solid income translating online. Companies often need native speakers to translate materials into different languages to appeal to various audiences.
It can be a perfect side gig for college students. According to Gengo, a site that connects clients with translators, translators earn an average of $417 per month. However, how many hours you’ll need to work to earn that amount might vary from person to person.
To get started, Gengo requires you to complete a two-part test. Once you pass, you can begin accepting work. As you finish jobs, Gengo automatically adds your payments to your account. You can also complete qualification tests to get access to more challenging jobs with higher rates.
If you love taking pictures around campus, you can make money selling those photos online. You don’t even need an expensive setup — you can use photos you took with your smartphone.
Both EyeEm and Foap pay for smartphone pictures. You can sell photos for $5 to $250, depending on the photo and the usage license you offer. Even better, you can sell one photo multiple times. One great photo of that friendly squirrel on campus could earn you hundreds over the course of the school year.
Do you have a knack for art or writing in cursive? If so, you can use your skills to sell envelopes or invitations. In most cases, customers will mail you stationary and ask you to handwrite information on each one.
While it might get tedious, one listing on Etsy was charging $1.25 per envelope. If a client wants 100 envelopes, that equates to $125 in earnings for a few hours of work.
Earning an income in school
Taking on a side gig can help you earn money and offset your college costs. That benefit can end up saving you in student loans or other debt. If you’re struggling to figure out how to make money in college as a freshman, these seven flexible side hustles can help you get started.
If you’re looking for other ways to make money in college, here are ways to earn cash without getting a job.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 7.89% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.97% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at email@example.com, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.47% – 6.97%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.47% – 6.71%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|