Looking for how to make money online in college? If yes, then you’ve just landed on the right blog.
Even, today I’m very excited because I’m going to share my personal experience, how I started earning money online in college, and many case studies.
Are you excited too?
As if says, students’ life is a poor life so you should save money as much as you can. But, what if I say instead of focusing on saving money you should find the best ways to earn money online in college.
And therefore, I’m going to share the 7 best ways to make money online in college while studying. This will not only help you to manage your high college fees but it can manage your expenses also.
We have lots of things to cover in this article so without any delay let’s dive straight into the 7 best ways:
This is the first and one of the best ways to earn money online as a college student without any investment. Freelancing is a way of working where you are your boss and set your schedule. The person who does the freelancing is known as a Freelancer.
If you have any skills like Content Writing, Graphic designing, Data-Entry, Web-development, designing, or any other category then through freelancing you can give your services to clients around the world.
> Check out: The 30 best online freelance services on-demand
How to make money online in college as a Freelancer?
In simple words, when the clients want to take your services then they pay online money as per your demand and skills.
According to 2020 freelancer research data, freelancers in the United States earn an average hourly rate of $20. Freelancers working in web/mobile development, marketing, legal, accounting, and other skilled services earn an even higher $28/hour average wage. These freelancers are making more than 70% of all workers in the United States. (Source: Upwork.com)
Pro Tip: The more clients you get hired by the more money you’ll make.
Some platforms are completely free while some platforms will take a small commission when you get paid by any client. To provide your services on any of these platforms, you build a portfolio of your work and offer it to companies in exchange for money.
Here is a Gig (portfolio) on Fiverr for content writing:
If you want to start making money in college without any investment then Freelancing is the way to go. You only need a laptop and an internet connection.
> Read more: How to start freelancing (beginner’s guide)
This is what I’m doing actually.
Blogging is one of the easiest ways to make money online as a college student. All you have to do is create a blog or website and write about topics that interest you. The blog can be about anything from cooking to fashion. As you can see, my blog is based on students’ life and study tips and all.
If you have fond of writing like me and want to share your experience and knowledge by writing then blogging can be the best way to earn money online in college while studying. Even, I started my first blog in my college days.
If somewhere you’re afraid that you need to learn coding to build a website or blog then in 2022 you’re wrong.
There was a time when you had to learn code to make your personal blog but now with CMS (Content Management Systems) platforms like WordPress, Blogger, Shopify, etc, it is very easy to start a blog with zero coding knowledge and write content.
How you can make money online in college as a Blogger?
A blogger earns in many ways. However, the easiest way is to put advertisements inside your blog and contents, and when your readers watch and click the ads the Advertisement company (like; Google and more) pays you money.
Pro Tip: When more visitors (i.e.Traffic) come to your blog the more money you’ll make. And, this audience either you can drive through social platforms and by publishing quality content around a category that will rank top on Google.
Here is one of my posts ranking top on Google:
On average, a blogger can earn between $300 and $400 per month. Celebrity bloggers can earn in the range of $20,000 to $30,000 every month. Back in days, blogging was just a hobby to share personal experiences but now it has been done to make money online and build a business.
If you’re thinking then you have to invest a big amount of money to start and run a blog then let me tell you, you just have to buy a domain (.com, .net, .org, etc.) name which will cost you around $10, and the rest of thing like; theme, templates, hosting, you can get for free also.
> Read more: How to start a blog? (beginners’ guide)
3. Amazon Affiliate Marketing:
This is again one of the best ways to earn money online while studying in college. Let me first tell you what is affiliate marketing exactly…
Affiliate marketing is a type of online marketing where a business pays a person or company, called an affiliate, a commission for referring sales. Affiliate marketing is often used to promote physical & digital products online through a special link.
You must have come across apps that offer services like ‘Refer and Earn’, this is also affiliate marketing. But here I’m talking about Amazon Affiliate Marketing.
In Amazon affiliate marketing, you just need to pick up some amazon listed products and refer them to your friends, batchmates, and social friends, and when they will make a purchase, you’ll earn a small commission from Amazon.
For example, If you purchase a watch on Amazon and your friend wants to buy a similar watch then you can share with him/her your Amazon affiliate link for that watch. And, if they end up buying more products along with the watch then you’ll earn other products’ commissions too.
For more guides on Amazon Affiliate Marketing, you can watch this video:
How to earn money online by Amazon affiliate marketing in college?
As I said already, To earn money through affiliate marketing you have to make an affiliate account on Amazon and then refer Amazon products to others via social media, blogs, and emails. For every product category, Amazon has a fixed commission rate.
You can also refer to Prime subscription, Audible, and more Amazon apps. An Amazon affiliate marketer can earn on average, from $100 to $20,000 from the Amazon Affiliate program, depending on how many referrals he/she generates for Amazon.
Pro Tip: The more you refer products to your audience the more money you make.
So, try the Amazon affiliate to make money online as a college student.
4. Start a YouTube channel:
Just like Blogging, starting a YouTube channel can be a great idea to share your knowledge, thoughts, and experiences in exchange for making money online in college.
You can make videos on any topic in which you have some knowledge and you’ll love to share. Here are some cool YouTube channel Ideas:
- Health & Fitness
- Travel & Vlogging
- Movies and Web series review
You can also share about the course that you’re pursuing and your college-life style that would be helpful for many students who want to also pursue the same course.
There is one YouTube channel that I’d like to recommend to you- Anuj Pachhel. This guy is amazing, he is pursuing MBBS from GMC, Nagpur, and shares all his medical journey from clearing NEET to a Medical college lifestyle.
Currently, he has 4 Lakh subscribers, and his every video gets views in lakhs. By just putting ads in videos he is making enough money to pay college fees and manage expenses. He uploads one video per week that way he gives enough time for his studies also.
You can do the same with your course and college life, many people would love to watch your content. However, if you’re camera shy then you can create animated videos and use the voice-over feature.
How to earn money online as a college student from YouTube?
If you have the skill of speaking then making and publishing videos on YouTube is a great way to earn a handsome amount of money in college while studying.
One of the easiest ways to make money on YouTube is by putting ads in your content and when users watch those ads you earn money from YouTube.
An average YouTuber can earn from $200 to $1000 depending on how many views they are getting.\
Additionally, when you gain more subscribers and videos then the top brands will also approach you for sponsorships. With YouTube, you can also do affiliate marketing by adding links in video descriptions.
Pro Tip: The more views and subscribers you have the more money you’ll make.
5. Provide Online Tuition Services:
Online learning is a new trend in the digital world where students have the power to learn something from the comfort of their homes.
And, there you have an opportunity to teach them online and make money while studying in college. If you’re a college student then you can easily give tuition online to your junior students who study in a lower class than you.
Read also: 11 Study Strategies for College Student
Online tutoring platforms connect tutors with students from all over the world for learning, guidance, and homework help. Students can arrange for virtual, or one-on-one sessions with a tutor.
Note: Try this way only when you have sufficient knowledge of the material and have good teaching skills.
With online tutoring platforms not only you can brush up on your knowledge but can earn extra money. There are many online tutoring platforms that give you an opportunity to teach students a subject that you want…
Now, you just need to find your expertise in a subject and choose these platforms wisely. These online tutoring platforms connect you with the students and pay you money for teaching.
How much you can earn by providing online tutoring being a college student?
If you have knowledge and expertise to share, an online platform can be a great way to earn an extra income.
Some online platform like Tutor.com has fixed tutoring prices i.e. $39.99-$114.99/month, or $.75/minute while on some platforms, you can also set your own hourly rate and receive payment via credit card, PayPal, or direct deposit.
Pro Tip: The more you take classes and teach online the more money you’ll earn online.
6. Become a Social Media Influencer:
If you are on Facebook, Instagram, Twitter, or Snapchat and have a decent number of followers on any platform then you can become a social media influencer and make money online during your college days.
However, if you don’t have too many followers on Insta or Facebook then still you can become a social media influencer. Being an influencer not only can give you money but also make you a mini-celebrity.
It’s not easy to become a social media influencer, but if you have the right kind of content, you can build a large audience.
> Read more: How to become a social media influencer?
Millions of dollars can be made as a social media influencer. The competition is stiff, but the rewards are worth it.
How to make money online from social media in college?
The big source for earning money through social media is the Sponsorship approach. There are many brands that approach a social media influencer to promote their brand and in return they pay money.
My friend is passionate about bodybuilding and has 10K followers on Instagram. He keeps posting photos, and reels on GYM and bodybuilding. Recently, a peanut butter company approached him for sponsorship and offered him 50 dollars with a free product to just post a picture of it on Instagram.
You’ll be surprised to know that Football player Cristiano Ronaldo can earn an estimated $1.6 million per post on Instagram.
Not only on Instagram, and Facebook, but if you earn a decent number of subscribers on YouTube or Blog then also many brands will approach you for sponsorship.
7. Invest in Stocks:
Stocks are one of the best ways to create wealth online. Being a college student you can’t spare your entire day working for earning money online. However, by investing in stocks you can give sufficient time to your college and studies also.
Stocks are a form of ownership in a company, and you can buy shares of a company without actually having to go to the company’s location or meet the people running the company.
Online trading has made investing in stocks even easier, with the ability to buy and sell stocks without ever having to leave the comfort of your home or college. Today, there are plenty of websites that let you buy stocks online with just a few minutes of your time each day.
Note: Investing in stocks can be a risky decision so make sure first you learn all the parameters of it and then decide to buy and sell a stock.
Now, I’m not going to tell you how to invest in stocks but rather I’d recommend this article to get a complete guide about investing in stocks and then come up with a decision.
How much you can earn by Investing in Stocks?
Investing in stocks has been always seen as a secondary income source or for future plans but now people have made trading and investing a business and they are making a handsome amount of money on a daily basis.
Now you don’t need to do this on a daily basis. Buying perfect stocks and holding them for a week can bring you enough money to manage your expenses for a month. It can go up to INR 1 lakh a month or even higher if you are skilled enough and your strategies are in place.
Pro Tip: The more you learn in the stock market the more you’ll earn. If you invest without having proper knowledge you’ll end up losing all your wealth.
Utilizing your free time in college by working online and money online is a great decision. This will not only teach you the value of money but you can also gain some work experience.
So in this article, I have shared the 7 best ways to make money online in college while studying. All ways are great.
Now, I’d like to listen from you:
Being a college student which way you are going to try first? Do you want to start a blog or YouTube channel? Or, do you want to start freelancing?
Let me know in the comment.