Now, this is for students who have a strong desire of entering the entrepreneur world, one can begin a startup of his own with a group of people or alone. Many students did start their businesses in their college life. This can either be a success or a lifetime experience. Developing an Android application is the best form which has even made people millionaires. You can also begin with the website development, or there are various programs being held in colleges which involve interaction betwixt students and businessmen, who aspire to learn about idea students, have and do pay for a good business idea whilst making an investment into the same. Getting associated with a startup also works well, taking an instance from my own life, I got into Business Alligators in my second year of graduation.
Similar to investing, peer-to-peer lending is where you loan money to someone else, and they pay you back with interest. The great thing about peer-to-peer lending is that you can lend as little as $25, and your loan will get bundled into a bigger loan for the borrower. Each month, they'll pay you back principal and interest. You can snowball this initial investment into many investments because you get your principal back as well each month. Many lenders earn over 5%-7% on their investments. Check out Lending Club to get started.
Selling notes — If you take great notes in class — or you want to get better at taking great notes — look into StudySoup. This is a website that pays you for your class notes and study guides. The perks of this site are two-fold — by putting together great notes and study guides, you’ll be learning your course material even better, AND you can get paid to do it! If StudySoup isn’t available for your college, there’s still nothing stopping you from selling your notes to classmates directly, too.
Not just via your old notes you can help your juniors by providing them with tutoring sessions, and make money with it. You can also choose the online tutoring option like Preply for earning money, in a subject with the number of views and download one gets. You can give tutoring lessons of some musical instrument or dance form, coaching is for anyone who holds cognition about something that people would be keen to learn. This is the best way to earn money, as I frequently discuss this in my write-ups. For every person there comes a different way of coaching, one can also become a home tutor. Many parents search for home tutors all the time.
This is one of my favorite "most unheard of" ways to make money - especially for college students. Being a Loan Signing Agent is a great way to earn money in college because you can make $75 to $200 per hour working for yourself on your own schedule. Students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
Talking about another example here, a senior of mine in some other college had some financial trouble at home. Paying the college fee was somehow, becoming arduous hence, he thought of a way to teach youngsters piano, which he had learned 5 years before. In his after college hours, he gave lessons which earned him 700 per students. Within a month 20 students enrolled in his classes.
One of your first options to make money in the area surrounding university is a part-time job. Most universities are located in areas that abound with retail stores, and therefore, retail jobs. There is also the option of a local pub or restaurant. This may require you to be a little more flexible with your schedule, but is a steady source of income.
Freelancing isn’t all about writing, though it does include freelancing writing as one profession. Freelancer.com is one renowned site which connects freelancers to the marketplace, where their services are required. A freelancer is a self-employed worker in the fields consulting, journalism, writing, proofreading, event planning, software designing and debugging, copywriting, photography and so on. There are various online platforms that support freelancing whilst one can always look for freelancing jobs in the vicinity places. Elance.com is one website for freelancers and you can easily earn money from this website in India too.
One can start Manicure and Pedicure services for the hostel mates, doing it at cheaper rates than the parlors. This is done in mostly all hostels especially in the ones away from the main city and accommodating the bulk of students. There are various other things that can be done like laundry services for the vicinity people. If it’s not a closed campus than a person can help many people living in the locality with such services. Like hauling and cab services, cleaning services and so on. There are tasks that can be done; all you need is to think of the one which can suit you the best.
As part of your financial aid package (although some positions are non-needs based) you might be able to find a work study job that allows you to get paid to study. Each semester, your school has paid work-study positions to fill which may potentially allow you to be a computer lab assistant, work behind the desk at the college library, or become a clerical assistant for an academic department.