Student and Graduate Publishing

How to Make Extra Money While Studying

Friday, 14 July 2017 11:17

Money and time are two precious commodities students have in low supply; but there are ways of making more of the first, without using up all of the latter. Read these tops tips on ways to make money whilst studying to find out how to make money without taking up all your time.

Those who CAN, teach

To get to university you have already passed loads of GSCEs and A-Levels and, depending on how far you are through your course, you are pretty well versed in your chosen degree subject. So why not use this wealth of knowledge to make some money? With exams getting harder and university places becoming more competitive, parents are more willing then ever to spend extra money to ensure their children’s future. With most students having gone through GCSEs and A-levels not that long ago they are perfectly placed to provide that extra tuition. 

Through sites like My Tutor tutors can earn between £10 and £24 per hour for teaching almost any subject. However, it is worth bearing in mind that maths, sciences and languages have always been more common areas for people to seek help in. The hours are flexible and you can commit to as many or as few as you like. Plus, this is great work experience to add to your post-university CV. 

Become an ambassador

One of the easiest and most rewarding ways to make money whilst at university is by becoming a student ambassador. It’s social, well-paid and you don’t even have to leave campus to get to work. 

Almost every university has a student ambassador program in some shape or form. There are loads of positions and new ones open up every year when other students graduate. Ambassadors take on a variety of roles but they all have one thing in common, social interaction. You could be asked to lead campus tours on open days, man the phones during clearing, assist with data entry, move first years into halls or steward a university event. Most positions are paid by the hour at minimum wage or above. For more tips on how to make money on campus read the Student Money Saver's guide.

Freelance 

Freelancing is a great way to add skills to your CV, boost your bank balance and test out some career options without leaving your house. Although there are a lot of opportunities for freelance writers to create blog content, reviews, articles and more it is not only English students who can get work freelancing. Coding and web design are popular ad hoc work sources especially for smaller companies who can’t afford to have a full-time digital team. There also lots of opportunities for those with specialist knowledge basis, i.e. engineering or chemistry, to write manuals or proof read content. Through sites like Upwork you can search for listed jobs and set your own time limits and hourly rates whilst being paid securely. 

Become a reserve

Why not become an army reserve or a police community support officer (PCSO)? These options are a bigger commitment then writing a blog that involve some consideration but, if right for you offer great benefits. 

Army reservists can commit to as little as 19 days a year for national units and 27 days a year for regional ones and, are paid £37.47 a day whilst in training and £46.42 a day once a private. This rate does go up with every rank you progress. Being a reserve can teach management and leadership skills which are transferrable to any graduate career. And there are tax-free bonuses up for grabs each year to reward commitment. 

PCSOs require a larger dedication of time then army reservists but the pay is good and the hours are flexible. The starting salary is £16,000 per annum and more in London, you will be paid over-time and can work flexible hours between 8am and midnight each day. Being a PCSO is a brilliant attribute to have on your CV and can be a gateway into a career in the police force. And once again the opportunity to develop management and interpersonal skills is abundant in this role. 

So, if you are committed to earning some extra money whilst studying and bolstering your post-graduation CV in the process, ditch the bar job and try one of these exciting options to top up your student account.