How To Make Money While Studying Abroad [10 Ways To Try Out Today]
Are living abroad and wondering, How to Make Money While Studying Abroad? This post is for you.
Studying abroad is an incredibly rewarding experience, but it can also be an expensive one, especially if you have to pay all of your expenses out of pocket.
Luckily, there are plenty of ways to make money while studying abroad that don’t involve dropping out or working in the area you’re visiting.
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Here are 10 ways to make money while studying abroad so you can focus on learning rather than stressing about finances.
Here is a break down of what we will be covering today.
How to Make Money While Studying Abroad
While you’re living in a new country, it can be difficult to make ends meet. The two main options for making money abroad are teaching English and working for an international company—and there are pros and cons to both.
While teaching is more consistent and might pay more over time, working for an international company may give you valuable experience.
Whichever path you choose, it’s important to remember that your primary focus should be on your studies while you’re abroad.
However, Here are 10 ways to make money while studying abroad!
1) Work on campus
One of your primary expenses while studying abroad will be your tuition, so why not offset that cost a bit by working on campus? Chances are there are jobs you can take on during breaks and summer months.
Consider staffing events, waiting tables or doing research for professors.
In addition to earning money, you’ll also have a chance to make valuable contacts in your chosen field (like professors) and find out about scholarships and other ways to pay for school—things that could come in handy when it’s time for grad school or a job search.
Since work permits vary from country-to-country, you might need written permission from an employer before applying for a job. Be sure to ask around on campus—students often know where local opportunities are hiding!
2) Work Off-Campus
Don’t want to interrupt your studies with a real job? No problem. By law, you can work up to 20 hours per week while studying abroad in order to make money.
There are plenty of other ways you can supplement your income or even pay for school by taking advantage of opportunities presented through your program.
If there’s anything in particular that you need, like cash or textbooks, consider finding a part-time job off campus as an alternative to paying out-of-pocket (ideally one that will help you learn more about your new surroundings and culture).
With so many options out there, it shouldn’t be hard!
3) Join the Peace Corps
If you’re looking for an experience that will change your life, look no further than joining the Peace Corps. (You’ll also be paid a small stipend, which is a nice perk.)
There are many different areas of service available—from education and healthcare to community economic development and environment conservation—and every Volunteer gets three meals a day and a monthly allowance for incidentals.
Plus, once you complete your time as a Volunteer, you receive job placement assistance as well as help with graduate school applications.
4) Become an Au Pair
Many people enjoy living in a new country with a new culture, but there are some things they just can’t live without.
As an au pair, you get paid to do household tasks and babysit other kids while their parents work. In return, you get housing and food in addition to a salary of anywhere from $400 to $800 per month.
For many Americans considering how to make money while studying abroad, becoming an au pair is ideal—not only because it allows them access to money that wouldn’t be possible otherwise, but also because it’s likely they would never want for anything in their daily lives as well as giving them more of an insider view into other cultures and lifestyles around the world.
5) Start an Online Business
If you’re interested in learning how to make money while studying abroad, starting an online business is a great way to do it.
It doesn’t require an enormous time commitment and there are so many ways you can choose to take advantage of your overseas location that your options are almost limitless.
An ecommerce store based out of country is perfect for students who like global shopping, because what’s more exotic than products from another country?
Who wouldn’t want Turkish towels or colorful Mongolian dolls?
Working remotely as a writer, web designer or copy editor also allows you flexibility in choosing which hours you work each day and will likely even give you some extra cash left over for exploring local sites or buying gifts for family back home.
6) Use Your Student Discounts Wisely
Before you leave for your study abroad experience, make sure that you have a solid understanding of all discounts and offers available to students.
Many companies will offer you huge discounts simply because they know that students often come with their own money. If you take advantage of your student status, especially at restaurants and retail stores, then it can easily save you hundreds of dollars.
However, just because these companies may offer student discounts doesn’t mean that they should always be taken advantage of.
Always do your research before taking advantage of a discount as sometimes they are too good to be true.
7) Sell Old College Textbooks
When you pack up your stuff and move abroad, you don’t want to worry about selling your old textbooks.
By using an online marketplace like Kijiji or Ebay, it’s easy to sell them quickly and earn a little extra cash while you’re on vacation.
Just make sure that you keep your eyes peeled for scams; there are plenty of people who try to prey on other people’s trust in order to turn a quick buck.
If someone offers too much money for something (e.g., $400 for $300 worth of books), be wary! They might be taking advantage of your situation, or they might even be trying scam you into sending them more information about yourself so they can exploit your bank account.
8) Find an Internship in Your Field of Study
Even if you’re just studying abroad for a short time, it’s likely that your university or program has business ties with local companies.
Put in some effort and contact them about internships or jobs. Not only will you make money while studying abroad, but you’ll also get valuable experience for when you return home.
Get to know people and build relationships with local contacts. Just be sure not to commit to too much work outside of your degree program; when in Rome (or Barcelona), do as Romans (or Barcelonians) do!
9) Go Freelance (Temporarily or Permanently)
If you’re looking how to make money while studying abroad, one solution is to start freelancing. Freelancers can work from anywhere and don’t necessarily need clients located near them.
By starting your own freelance business or utilizing on-demand freelancing services, you can make money doing something you already know how to do – and even potentially use your new surroundings as inspiration for creative projects!
10) Make Music, Write Songs, Record Videos, etc.
There’s no better way to learn a language than by immersing yourself in it.
If you’re studying abroad, you may be immersed in a foreign language—but how many opportunities are there for practice? If your trip is short, it can be tempting to spend all of your time sightseeing and partying, but don’t let your host city pass you by.
Seek out opportunities like local gigs (play covers at open mic nights), where people will want to talk with you in their native tongue.
Plus, having others contribute might help push you out of your comfort zone and encourage learning on an entirely new level.
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