How to Make Money While in College and Earning Your Degree

by Hank Coleman

the benefits of 529 College Savings PlansDo you know how to make money while in college? Earning your degree is one of the most important decisions of your life. It takes hard work, dedication, and sacrifice. But, it will all be worth it on the day you land your dream job and come one step closer to the life you’ve always wanted. Until that day happens, you’ll still need a way to pay the bills. Here are some useful tips to make money while earning your degree.

Work Full-Time, Learn Online

Realistically, not everyone has the luxury of getting their degree before joining the workforce. Perhaps you’ve already landed a job at the company you’d like to advance in, but need a bit more education to get the promotions you’re after. If you’ve already got a job you’re committed to and don’t want to give it up to pursue an on-campus education, consider a college or university that offers online classes.

These programs allow you to study, turn in assignments and even attend class from the convenience of any place you need to work from. You don’t have to quit an existing job just to further your education. The options are endless and you can even go as far as an online MBA program when you decide to get a degree that works around your schedule.

Work On Campus

Many schools offer a work-study program to their students. If you take the utmost pride in your school, why not get a job there? Most students can apply to work around campus doing anything from assisting in library to working on the landscape. Check for the openings on the campus often because new jobs open multiple times each semester.

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Apply for a Paying Internship

Most college graduates know all about internships. The long hours, being asked to do the impossible, the hard work, and of course, the lack of pay. However, there are some companies that not only pay their interns, but they pay them well. Depending on your area of expertise, some may even offer benefits. These internships are usually the most competitive and come with a lot more responsibility; but if you can secure one, you’ll be earning money, an education and a valuable addition to your résumé!

Freelance Gigs

Freelancing is increasing in popularity. So much so, in fact, that about 40% of the workforce will be made up of freelancers in approximately five more years. If you have a skill people are willing to pay for, consider making some money out of it. A well-written article, an expertly mowed lawn, a specific photo or a web page can get you some quick cash. With a fast turn-around time, hard work and commitment, you can earn a pretty nice salary in no time!

Gone are the days of the “broke college student” cliché. In the current economic climate, it is definitely possible to earn a sizable off of your own ingenuity and hard work. Don’t be afraid to venture off the beaten path, the possibilities are endless for earning extra income while going to school.

Do you know how to make money while in college? Are there any tips to make money while earning your degree at a college or university that I left out?

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About Hank Coleman

Hank Coleman is the founder of Money Q&A, an Iraq combat veteran, a Dr. Pepper addict, and a self-proclaimed investing junkie. He has written extensively for many nationally known financial websites and publications. Hank holds a Master’s Degree in Finance and a graduate certificate in personal financial planning. Email him directly at Hank[at]MoneyQandA.com.


Hank Coleman has written 575 articles on Money Q&A. Learn more about Money Q&A on Twitter @MoneyQandA and @HankColeman.


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