Graduate school is a significant investment of time and money, so it’s natural to feel the pressure to earn an income while completing your advanced degree.
Thankfully, there are numerous ways to make money while pursuing a graduate degree, whether you need to cover tuition and living expenses or want extra spending money.
1. Teaching Assistantship
One of the most popular ways to earn money while pursuing a graduate degree is by becoming a teaching assistant (TA).
Many graduate programs offer TA positions, which typically involve grading papers, leading discussion sections, and even teaching courses independently.
TA positions usually come with a stipend and tuition waiver, making them an excellent opportunity to earn money while keeping costs low.
2. Research Assistantship
Similar to a TA position, a research assistantship (RA) involves working with a professor on research projects.
RAs help with data collection and analysis, literature reviews, and other aspects of academic research, and in return, they receive a stipend and tuition waiver.
RA positions can be a fantastic way to earn money while gaining valuable research skills and experience.
3. Part-Time Job
Working a part-time job outside of academia can also be a good option for graduate students.
Many universities have student employment offices that can help connect you with jobs on campus, such as working in the library or dining hall.
Alternatively, you can look for part-time jobs in your field, such as tutoring or freelance writing.
Freelancing is another way to earn money while pursuing your graduate degree.
Whether you’re a writer, designer, or programmer, there are plenty of opportunities to work on a freelance basis.
Websites like Upwork, Fiverr, and Freelancer.com allow you to set up a profile and bid on projects that match your skills and interests.
If you excel in a particular subject, you can earn money by tutoring other students.
You can offer your services through your university’s tutoring center or advertise your services online or through word-of-mouth.
Tutoring can be a flexible way to earn money, as you can often set your own hours and work around your schedule.
6. Online Surveys
While it won’t make you rich, completing online surveys can be an easy way to earn a little extra cash.
Websites like Swagbucks and Survey Junkie allow you to earn points or cash for completing surveys and other online activities.
While it may not be a significant source of income, it’s an excellent option for earning some extra spending money in your downtime.
7. Sell Your Notes
If you’re a diligent note-taker, you can sell your notes to other students to earn some extra cash.
Websites like StudySoup and OneClass allow you to upload your notes and earn money each time another student downloads them.
While it may take some effort to create high-quality notes, it can be a passive way to earn money down the line.
8. Create a Course
If you have expertise in a particular subject, you can create an online course and sell it on platforms like Udemy or Coursera.
While creating a course requires upfront effort, it can be a lucrative way to earn passive income once the course is up and running.
9. Sell Items Online
If you have items you no longer need, such as textbooks or furniture, you can sell them online to earn some extra cash.
Websites like Craigslist and eBay make it easy to sell your items to a wider audience, while Facebook Marketplace can connect you with buyers in your local area.
10. Participate in Paid Research Studies
Finally, many universities and research organizations offer paid research studies that allow you to earn money for participating in experiments or surveys.
While the pay may not be substantial, it can be an interesting way to learn more about your field while earning some extra cash on the side.
In conclusion, there are many ways to earn money while pursuing your graduate degree, whether you choose to work within academia or look for opportunities outside of your program.
By finding the right balance between work and study, you can ensure that you’re able to make ends meet while still making progress towards your academic goals.