Student finance: make money while you study

 

Living as a student can be an expensive affair. Perhaps you're sick of simply cutting corners with your spending, and bored of eating beans every night - you want to actually earn some money! Here are some ideas to get you started.

Get a part-time job
If you’re at university, chances are you’re in quite a good small town or city with a high street or perhaps a shopping centre. These places are teeming with retail shops and restaurants that rely on a constant stream of staff working on a part-time or casual basis. Turn up with a smile and your CV.
Pros: It’s regular money coming in so you know you can count on it being there every week and you can budget more efficiently. You will find a new group of people to socialise with, too.
Cons: There’s a lot of competition, you might be asked to work unsociable hours, and the work is rarely inspiring.
Hassle rating: 2/5
Earning potential: Minimum wage is £4.98 per hour for people aged 18-20. Workers aged 21 and over should get a minimum of £6.08, and as of October 2012, this is £6.19 per hour. All jobs should pay these wages - if a job advertises for less than minimum wage, they are breaking the law.

Sell stuff you don’t want on eBay
Everyone hoards stuff that they feel emotionally attached to for some reason. Be brutally honest with yourself: Do you really need it? Are you going to use something you bought four years ago, if you haven’t used it already? Try eBay, Craigslist or eBid (which doesn’t charge for listings).
Pros: From time to time, you might find that something you were going to chuck away is actually worth something. You also get to de-clutter your environment which can only be a good thing.
Cons: It’s really, really time-consuming, and you pay a percentage to Paypal and eBay for using them. You have to have exquisite attention to detail when describing your items; buy packaging; live conveniently near a post office; and have the patience of a saint when dealing with complaints.
Hassle rating: 4/5
Earning potential: Anything from 99p to £££s if you get lucky!

Become a mystery shopper
Large retail businesses need to know that they are providing the best experience for their customers – and this is where you come in. Mystery shoppers go in to stores and assess them based on any given number of factors: Cleanliness, staff helpfulness, etc. Try ESA, Checkout, and Storecheckers.
Pros: Convenient and easy way of earning money if you go to the shops regularly anyway.
Cons: You only get paid once you submit a report. It might be difficult to find tasks near you, and it won’t be regular money.
Hassle rating: 1/5
Earning potential: They all pay different rates but £5-30 per assignment is a rough guide.

Tutor others in your degree subject
Concerned parents want their children to do well at their GCSEs and A-Levels, and if they can afford it they’ll pay someone to tutor them to get them through the exams. It may as well be you. Try Bright Young Things, The Tutor Website, and UK Tutors.
Pros: You work with young people. It’s in your own time, which means it’s flexible. And teaching can be a very rewarding thing to do.
Cons: You work with young people. You may have to travel to get to their house, or you may have to make room for them to go to yours. You’ll also need a CRB check – this isn’t exactly a ‘con’, but something to consider.
Hassle rating: 2/5
Earning potential: Up to you, but from £10 an hour. If you’re good, or happen to have a highly specialised degree and work for really concerned parents, you can earn as much as £50 per hour.

Work remotely
If you want to do the work and earn money the good old honest way, but with minimal effort – ie you don’t even have to leave your seat! – then working remotely/online is for you, particularly if you’re a creative. Try studentgems.com.
Pros: You don’t have to deal with anyone or go anywhere, so you save in travel expenses. Equally, you can do it when you're not at home.
Cons: You have to be very organised and able to manage your own time – no point in doing this if you’re a big procrastinator and struggle to get things done. You have to figure out if you are being ripped off on your own – be realistic with your ability and the workload you expect.
Hassle rating: 3/5
Earning potential: Varies, depending on the skills you have and what jobs there are that need doing.

These should get you going, but if you have any more ideas, comment below!

Suggested Topics
News
Ben Little, right, is a Labour supporter while Jonathan Rogers supports the Green Party
general election 2015
News
The 91st Hakone Ekiden Qualifier at Showa Kinen Park, Tokyo, 2014
news
Life and Style
Former helicopter pilot Major Tim Peake will become the first UK astronaut in space for over 20 years
food + drinkNothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
News
Kim Wilde began gardening in the 1990s when she moved to the countryside
peopleThe singer is leading an appeal for the charity Thrive, which uses the therapy of horticulture
Have you tried new the Independent Digital Edition apps?
Sport
Alexis Sanchez celebrates scoring a second for Arsenal against Reading
football
Life and Style
health
Voices
An easy-peel potato; Dave Hax has come up with an ingenious method in food preparation
voicesDave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
News
i100
News
Japan's population is projected to fall dramatically in the next 50 years (Wikimedia)
news
Life and Style
Buyers of secondhand cars are searching out shades last seen in cop show ‘The Sweeney’
motoringFlares and flounce are back on catwalks but a revival in ’70s car paintjobs was a stack-heeled step too far – until now
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
iJobs Job Widget
iJobs Student

SThree: Recruitment Consultant (Trainee / Experienced)

£18000 - £27000 per annum + doe OTE £45K: SThree: SThree are always looking fo...

Recruitment Genius: Project Assistant

£18000 per annum: Recruitment Genius: If you are a recent psychology graduate ...

Recruitment Genius: Junior / Graduate Graphic Designer

£17000 - £20000 per annum: Recruitment Genius: The Largest Independent Motor D...

Ashdown Group: Training Programme Manager - City, London

£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...

Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
John Harrison's 'longitude' clock sets new record - 300 years on

‘Longitude’ clock sets new record - 300 years on

Greenwich horologists celebrate as it keeps to within a second of real time over a 100-day test
Fears in the US of being outgunned in the vital propaganda wars by Russia, China - and even Isis - have prompted a rethink on overseas broadcasters

Let the propaganda wars begin - again

'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
Why Japan's incredible long-distance runners will never win the London Marathon

Japan's incredible long-distance runners

Every year, Japanese long-distance runners post some of the world's fastest times – yet, come next weekend, not a single elite competitor from the country will be at the London Marathon
Why does Tom Drury remain the greatest writer you've never heard of?

Tom Drury: The quiet American

His debut was considered one of the finest novels of the past 50 years, and he is every bit the equal of his contemporaries, Jonathan Franzen, Dave Eggers and David Foster Wallace
You should judge a person by how they peel a potato

You should judge a person by how they peel a potato

Dave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
Beige is back: The drab car colours of the 1970s are proving popular again

Beige to the future

Flares and flounce are back on catwalks but a revival in ’70s car paintjobs was a stack-heeled step too far – until now
Bill Granger recipes: Our chef's dishes highlight the delicate essence of fresh cheeses

Bill Granger cooks with fresh cheeses

More delicate on the palate, milder, fresh cheeses can also be kinder to the waistline
Aston Villa vs Liverpool: 'This FA Cup run has been wonderful,' says veteran Shay Given

Shay Given: 'This FA Cup run has been wonderful'

The Villa keeper has been overlooked for a long time and has unhappy memories of the national stadium – but he is savouring his chance to play at Wembley
Timeless drama of Championship race in league of its own - Michael Calvin

Michael Calvin's Last Word

Timeless drama of Championship race in league of its own