Having trouble making ends meet? Just not enough time to pick up a second job? So how do college students make money online?! It seems impossible, right?
I feel ya, you’re a full time student who also has to balance a full time job and not to mention extracurricular activities, finding time to breathe sometimes can be a little daunting.
That’s the great thing about the internet today, it offers thousands of people all across the world jobs and even careers! Theses are the kind of jobs that you can do from wherever you want and whenever you want, giving you the flexibility you oh so desperately need in college.
So on to the question, how do college students make money online? Here are 5 effective ways for making money online while you’re still in college.
1. Become An Online Tutor!
For those of you who find yourself excelling in a specific subject or even just a specific class, this could be something worth pursuing!
Look around your classroom, ask around, does anyone look like they are in danger of failing that class?
If so, you could be their solution! If they’re serious about getting their degree they’ll be willing to pay, all you’ll need is a computer, and a webcam and you’ll be ready to go.
You could charge per session, per hour, or even half hour depending on the complexity of the task at hand.
Note: You’re effort put forth when helping these students (especially in the beginning) can make of break your business. So be sure the subject you’re tutoring in a strong suit of yours.
(good student grade results = more business, bad student grade results = no business)
2. Freelance Writing
If you’re a gifted writer of simply know how to follow a format and stay on subject this might be a good option for you.
Freelance writing is simply you getting paid to write content (post/pages) for websites, blogs, sales pages etc.
A client assigns you an article to write and you’re paid based on the amount of effort and quality you put into the article.
Typically the better you do the more you will get paid and then the higher paying clients you will attract. How else do you think all those huge blogs put out multiple posts a day? From writers like you who get paid to do so!
Payments will usually be fixed per word, per project, or in some cases fixed hourly rates
There are tons of programs out there looking for writers on the net today, and the demand is HUGE! So it’s nothing a quick Google search can’t resolve.
3. Affiliate Marketing | Become an affiliate
Something that’s almost free to start up, all you’ll need is a domain a website and a hosting platform and you’re in business!
If you’re not familiar with affiliate marketing, it’s a way people get paid for promoting other people’s and companies products through tracking links that are provided by the seller.
The process goes like this:
- You write a page or post on your site
- Someone reads this page or post and clicks your tracking link
- Reader buys a product or service
- You get paid a % of sale
You’ll find tons of programs out there to promote products for, like Amazon’s Affiliate Program, Amazon Associates giving you access to millions of products you can promote across a wide range of categories.
Not only is there Amazon, there are 1,000’s of programs out there for you to choose from.
People make thousands a year, even full time incomes well into the six figures using this business model!
Note: To find success with this business model you’re going to need a little formal training and help learning the ropes. Wealthy Affiliate is a great program for those looking to get a start in affiliate marketing, they teach you everything from setting up online to building your business for the long run.
If you’re looking for a little more info on the subject I write about in more detail in a previous post I made, you can check out by clicking the link here- How to make money online with an affiliate program (I go in to more detail on how to get your site up and running to monetizing your business for long lasting residual income.)
4. Start A blog!
I tend to recommend this to my newbies looking to start online due to it being such a fun and lucrative way to establish yourself online.
You can start a blog about almost anything and make money from multiple different sources.
Like affiliate marketing all you need is hosting and a domain. The success you find with blogging is based on the amount of traffic you get to your site which can then be monetized in ways such as:
- Banner advertisements
- Affiliate links
- Memberships or services
If you want a little more info on how to get started making money with your own blog, here’s a post where I covered the topic in more detail- How do you make money blogging?
5. Drop Shipping
Something a little different then what I’ve mentioned here but I felt shouldn’t be passed up.
Drop shipping is a fulfillment model that allows you to purchase products from a wholesaler and are directly shipped to the customer.
Unlike the other business models this does have an upfront investment, now this doesn’t have to be $1,000’s of inventory, I’ve seen people build successful drop shipping businesses from no more than an $100 investment and just scale upward from there!
The process goes like this: (simplified)
The purchase is made on your site->
Your supplier is given the order->
They send customer the product.
For example, you buy a product from a wholesaler in bulk for say $10 a piece and you sell them for $15, that’s $5 profit per sale, multiply that by a couple hundred sales and you got yourself a business going!
A pretty simple process, but will take some learning.
Alibaba is a great source for shopping international suppliers, just go to their site and start browsing ideas to see what you can find.
Just take the prices you find there and compare them to hot selling products online and go from there!
Before you go…
Unlike a lot of other sites out there I know how it feels to be struggling in college, you have tuition, rent, books, utilities, and groceries, I was there once too, actually fairly recently, so I know where you’re coming from.
By the time you’re done paying your bills at the end of every month you’re left with almost nothing left over, It was frustrating!
Today I make a living online and have never been happier, I have the freedom I didn’t have then, I can work from anywhere at anytime I choose and I don’t have to deal with a boss looking over my shoulder all the time.
So if you’re curious or want to hear my story, feel free to click the About Me link here, or the banner below on how I got where I am today.
If you have any questions that need answering or have any ideas of your own on how to make money online for college students (Trying to stay on topic), feel free to ask away in the comments below. I would love to hear them!
P.S. We have a serious Taco Bell addiction and the affiliate links on our site lets us order off the dollar menu. Thanks for your support!