Taking on a study program is a big commitment. Not only do you have to put in enough work to get good grades, but you also have to think about how you are going to pay your living expenses while you are getting your qualification. Here are some great ways to make money while studying online.
Ask For It
This may sound simple, but it is surprising how many people don’t take the time to find out if they are eligible to receive free money. Grants may be available for studying depending on your circumstances and you probably won’t have to repay this at the end of your course. It is worth spending a few minutes researching online to see if you can relieve your financial woes and get paid for learning about something you are interested in.
Another option could be to apply for a loan. This is likely to be repayable, but you should think of it as an investment in your career rather than a large debt you are getting yourself into for no reason. Many online qualifications such as an online MBA from Aston University can lead to an increased income or a promotion that will increase your income making it worth your while to take out a loan to pay your living expenses while you are studying.
Don’t Give Up Your Day Job
The beauty of studying online is that you can fit your study program into your working life. This means that you don’t have to give up your day job to get your qualification. You will have the flexibility to study around your working commitments so you will still have an income while you are studying.
It may be that you would find it difficult to work full-time along with studying as this is quite a big commitment. However, you should plan your budget and see how much money you need to earn to survive. Armed with this information, have a chat with your HR department and see if they can reduce your hours. Working part-time while studying could be the perfect solution for you. Don’t forget to explain your reasons for wanting to decrease your hours. If the qualification will help you to progress your career, it may be in the interests of your company to give you the time off to get qualified.
Teach Your Skills
If it isn’t practical for you to keep your day job, then it might be possible for you to earn money by teaching online. If you have a special skill, or perhaps the knowledge to teach the course you are studying at a more junior level, you can make money by teaching online. Another popular way of getting into teaching is by teaching English to students from abroad. There are a lot of people who want to learn English from all over the world and all you need is an internet connection and reasonable English. You can set yourself up as a teacher online or apply for a job at one of the many companies that hire people to teach English. The salary can be good, and the job is flexible enough to fit around your own studies.
Blogging
Money can be made online through blogging. You can set yourself up as a student and talk about the issues involved with returning to studying, juggling your working and school life, or something else entirely. If your blog proves to be a success, then advertisers will pay to advertise on your website, and you could even get your fans to subscribe to your site. This will bring you a stream of income while not distracting you from your studies.
Start an Online Business
Online businesses are gaining in popularity as people are realising that they are easy to set up, relatively simple to run, and can bring in a steady stream of income. Do some research and look for a gap in the market. You could resell merchandise that you obtain from a wholesaler, bake your own cookies, or even make stuffed toys. The world is your oyster.
The remarkable thing about running an online business is that you can be as involved with it as you want to be. Perhaps you just want a side hustle to bring you in enough money to pay your rent, or maybe you will become an internet tycoon. The choice is yours.
Become A Social Media Manager
Many small companies steer away from advertising their services on social media because they don’t know how to make the best use of the platforms available. They are more than willing to pay someone else to manage this for them though as many business owners recognise that this is a cheap form of advertising that can offer big rewards.
If you are a social media guru, why not get a piece of the action. Advertise your own services online or contact small businesses directly. You can take on as much work as you want to and as this type of business is so flexible, you can easily fit it around your studies.
Offer Your Admin Services
If becoming a social media manager is not for you, don’t despair. Many companies are happy to pay for outsourced administrators or PAs too. If you have great organisational skills, know your way around a few basic computer packages, and sound great on the phone then you will be in demand. Small businesses don’t necessarily need admin staff full-time, so they hire someone to work from home a few hours per week to make sure that their business runs smoothly.
Here are seven ways to earn money while you are studying. Once you have decided whether to keep your old job or try something new entirely you have a lot of money-making options available to you. There has never been a better time to work and study online so make the most of the opportunity you have been given and be the best you can be.
