How to Make Money in College: Broke No More

Broke No More: How to Make Money in College

The quintessential “broke college student” is a tag every student carries along at some part of their education. Unless you came from a super-rich family where you could afford a separate dorm in college, you would know what we are talking about. This is actually somewhat of a toxic culture. Here’s how to make money in college so that you're never broke.

We have used (read: joked about) it so many that a few students wear this like a badge of honor, priding themselves on surviving only on a PB&J, ramen, and energy drinks. While we love the resourcefulness and thriftiness it generates within the young generation, this stereotype has quickly become a limiting concept.

Simply because you’re in college right doesn’t mean you have to have an empty wallet. As a student, you can explore a myriad of opportunities to earn money. This is it! This is the time when we break out of this age-old idea and present something fresh. Jobs like serving at restaurants or delivering groceries can become a decent earning source for college students.

Learn how to make money in college in a bunch of sectors. 

Great Ideas on How to Make Money in College

1. Be a Teaching Assistant (TA)

Any gen-ed or intro-level class at a university has a TA. The teacher’s assistant, or TA, can have a multitude of tasks. For instance, helping the teacher during class, assist students with research and assignment, after all, keep notes of progress, and much more. Whatever the duties might be, becoming a TA gives you hands-on experience with the job and how it is like to be a professor.

If you’re planning on joining an academic career, a TA job will provide valuable insights into the “behind the scenes” of a classroom. You may also get class credit in some cases.

You’ll need to have a good relationship with the specific faculty to become a TA. It’s best if you’ve done the course for which you wish to be a TA - have an idea about the subject matter.

These positions can be advertised on the campus job board. But, the best way to land a job like this is to reach out to the professor you want to be a TA for. Show your interest in the job, explain why you would be a good fit, and tell them what you would bring to the table.

2. Become a Research Assistant

Some students just don’t like interacting with their peers. That’s completely fine. If you’re one of them but still would like to work with professors, the job of a research assistant would be ideal. The duties of a research assistant vary depending on your department as well as the professor you are working under. 

If you’re working in a humanities position, expect to find yourself scanning pages from textbooks or transcribing recorded conversations. For the science unit, the responsibilities would include cleaning and maintenance of equipment, collecting samples, monitoring or performing experiments, and much more.

Sure, the work isn’t exciting or glamorous all the time, but these responsibilities will greatly impact your organizational, communication, and problem-solving skills. They will also give you a better idea of how the process of university research work. In essence, you won’t be able to get the real-world experience from writing a research paper like you would from this job.

Similar to TA jobs, departments or professors will occasionally post openings of the position on the campus job boards. However, you will have to directly contact a professor and offer to help them out. For that, you must state the skills you possess, what you hope to learn from working, and how you can be of assistance.

3. Drive for Uber or Lyft

One of the most generic answers to how to make money in college is driving for Lyft or Uber. If you have a car, this could work for you. It’s pretty flexible, allowing students to work at convenient times. You get a share of the passengers’ fare. If you do a good job, they might even leave tips.

Keep in mind that these companies are notorious for exaggerated marketing. They claim you can make up to $25 an hour, but this is very rare. In reality, the pay borders minimum wage. A tip would be to operate in busy areas so you are in higher demand.

To drive for Lyft or Uber, a student must be at least 21, have a valid driver’s license/vehicle registration/insurance, pass a background check, and own a qualifying vehicle.

The restrictions on the vehicle aren’t strict - it simply can’t be too old. Plus, you need to be friendly and patient enough to deal with the testy customers. Passengers will often show up drunk or not in their full senses, so you can’t lose your cool.

4. Deliver Things

Use your feet, bike, or car to make extra money. Delivery stuff to people and earn cash easily. Given how many delivery apps are operating worldwide right now, companies are always on the lookout for responsible employees. Options include Postmates (delivers almost anything), DoorDash (food delivery from local restaurants and cafes), Instacart (delivers groceries), and Amazon Flex (perform deliveries for Amazon products).

Generally, these services have similar requirements, including an essential mode of transportation, a minimum age (mostly between 18 to 21), and important licenses if using a vehicle. You will usually need a car for deliveries in smaller cities. In contrast, larger cities offer opportunities to deliver on a bike or feet.

This brings us to the important question: How much do you stand to make? Amazon Flex offers an $18 per hour remuneration (minimum), but the entire sector is quite competitive. Majority of these positions open up close to the holiday rush. The other delivery services don’t have a fixed hourly rate - delivery people get a percentage of the customers’ fees, plus tips.

Two other things to keep in consideration would the maintenance of your vehicle and gas money. Still, it offers relatively more flexibility than many other jobs students do.

5. Teach as a Freelance Tutor

Are you a bright student and great at explaining lessons to others? Your friends applaud you for your explanation skills, claiming they don’t understand a specific topic unless you demonstrate it for them. Capitalize on your skills and become a freelance tutor. This job lets you set your own rates and offer the services privately.

You can surely tutor college students, but it’s the younger students who will be a better catch. Parents are usually willing to pay a handsome amount to get a decent tutor for their kids. 

How do you start your tutoring business? The most effective solution is referrals. We recommend asking around to see if your friends, family, or neighbors know anyone searching for a tutor. If you’re apprehensive, reach out to your former tutors or teachers from elementary or high school.

A tutoring center is a good alternative if you want the clients to come to you. Join one; they will find you clients and pay an hourly rate.

Test prep is a hot topic all the time. A high score on standardized tests such as GRE, SAT, or ACT will give you an edge in scoring a better job.

6. Take Surveys

Companies are always in need of data. It would help them develop a new product, analyze the present ones, or get a better idea of their targeted demographics. Online survey sites are always filled with such opportunities you can avail. This is how you make money in college with the lowest effort possible.

Know that you won’t be making a large amount of money as one survey typically pays a few cents, but the money eventually adds up. Just a little heads up – the requirements can get weirdly specific at times. 

Survey sites contain an alarming amount of scams; avoid those.

7. Flip Furniture and Vehicles

Flipping items is extremely rewarding once you get the hang of it. You can flip furniture just like those incredible boards on Pinterest, or you could do that with cars and bikes if you’re into that. With the proper skills and knowledge, buying old stuff, restoring it to sell it at a profit becomes a good side-hustle opportunity. But just make sure you know what you’re doing.

8. Sell Commissions for Art

All the artists in college right now, your art skills could earn you a significant sum of money. Sell commissions for your artworks. No need to be overwhelmed. You can start pretty small - pick up jobs at cons, doing commissions for anything people agree to pay. Rich people will pay big money to get commissioned portraits, so that’s an area to explore.

9. Sell Things on Facebook Marketplace & Craigslist

When you’re selling things on the internet, the sky is the limit. Not only can you sell flipped items like tools or furniture, but you can also sell your personal creations. One thing: make sure what you’re trying to sell isn’t illegal and it should be smooth sailing.

10. Become a Social Media Consultant

You’re a Gen Z kid – it’s expected that you would be a pro with social media apps like Instagram or Snapchat. In the off chance you aren’t, scroll to the next idea because this won’t work for you. Many big companies are surprisingly weak in marketing products. You can help them develop this sector. It isn’t as hard as it sounds.

A social media manager needs to understand what social media is buzzing about at any given moment. You will be giving the company tips on how to engage the people. There are two ways to approach a job like this – offer your services on several freelance marketplaces, or present your services directly to companies.

11. Become a Content Creator

A content creator is tasked with the important responsibility of getting people to read, watch, and share. Thankfully, due to the availability of internet almost everywhere, becoming a content creator is easier than ever. At first, find something people will be interested to watch or read, whether for education or entertainment.

Once that’s sorted, chalk out how to monetize that. Acquiring sponsorships, showing ads, or creating a paid product or course are some of the methods. Platforms that have a great moneymaking potential would be YouTube, Instagram, podcasting, and blogging. We highly recommend you build a website before starting where you can host the content.

12. Become a Ghostwriter

You would be amazed by the number of people who are creatively gifted but don’t have the writing skills to back it up. They struggle to write a blog or book. Enter ghostwriters.

As a ghostwriter, you need excellent writing skills and the power to replicate the voice of a brand or an individual. Ghostwriters actually make impressive money.

Post your services on Fiverr or Upwork. Alternatively, contact directly to offer them. 

13. Sell Plasma

One of the classic “How to make money in college” gigs, selling plasma is completely legitimate – no need to fear. You would joke about how you’re broke to the extent where you might have to sell blood to maintain a good balance. That day is finally here! Just kidding!

Selling plasma isn’t sketchy. In fact, you’re being a help to medical studies and process. The medical organization will take about 1.5 to 2 hours to draw the blood from your body. The blood is then filtered to dispose of regular red blood cells plus a few cellular components. The company takes the plasma before returning the filtered excess paired with a sterile saline solution to your body.

Bottom Line

Have you found out how to make money in college that fits your skillsets? Note that you won’t be rich overnight. Things like this take time, so try to prioritize your necessities. Spend wisely and work dedicatedly – that’s’ the secret to a healthy bank account.

You can also read: HealthyWage Review

Written by adminbitkch

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HealthyWage Review

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Checkout 51 vs. Ibotta: A Comprehensive Comparison