The need for part-time jobs as a college student cannot be over-emphasized, since most students do need extra funds or financial support at one time or the other while at school. While not many students are capable of balancing a full-time course load with part-time work, the summer break between academic semesters can give students plenty of opportunities to supplement their income. Summer employment is a terrific way for students to offset growing tuition and academic expenditures, and there are lots of opportunities for students with a variety of skill sets, disciplines, and interests.
Why should you take a part-time job as a student?
College costs are rising in the United States, with the College Board forecasting an 8.59 percent increase in tuition and fees at public four-year universities in the last decade. College Board estimates that full-time undergraduates will spend about $30,000 at public four-year colleges (in-state) and more than $55,000 at private four-year schools in 2021-22.
Because of the escalating expense of college, many students will be forced to take out student loans to fund their education, which comes at a cost. Many students are obligated to repay student loans for a decade or longer after graduation, with interest accruing on every dollar borrowed.
making money over the summer is one option to cut down on your borrowing needs, and it may save you a lot of money in the long run. If you need a $10,000 student loan with a 4.99 percent interest rate, you’d have to make $106.02 monthly installments for a 10-year repayment term, and you’d finish up paying $2,722 in interest. If you earn $4,000 throughout the summer and reduce your total debt to $6,000, your monthly payments will drop to $63.61 and you will only pay $1,633 in interest.
Part-time jobs for college students for the summer
There are many summer jobs available for college students, including those for students who are attending summer classes or those for students who are looking for part-time employment on-campus living.
College students can work part-time jobs.
For college students on summer break, part-time jobs are a popular option. Part-time work typically involves 20 to 35 hours per week, making it a viable alternative for students who need time for summer courses or who want to take advantage of the summer months. These jobs frequently pay at or near minimum wage.
Payscale has revealed typical hourly salaries for six common part-time employment for college students:
- Nanny: $15.49/hour Nannying entails providing childcare services for several hours or the entire day, which frequently includes meal preparation and transportation of the children to and from activities. This job is more flexible than others based on the family you work with.
- A dog walker costs $15.14 per hour. Dog walkers may walk dogs regularly for a few households or on an as-needed basis. There are numerous apps that allow you to sign up with as many or as few dog-walking tasks as you like, making this an excellent alternative for individuals with busy schedules.
- Lifeguard: $10.33/hour Lifeguards are in charge of ensuring the safety of swimmers at popular beaches or pools, and they must be well trained with certification. However, for individuals who prefer being outside, lifeguarding can be a terrific way to earn money while soaking up some rays.
- Fast food employee: $9.40 per hour workers in fast-food restaurants produce meals, receive customer orders, and operate the cash register. Working in the food service industry can be demanding, but it can also provide flexible hours and valuable benefits such as free or reduced food.
- Retail salesperson: $11.83 per hour Clothes shops, home improvement stores, technology stores, and other businesses frequently recruit college students throughout the summer to refill shelves, interact with customers, and handle cash registers.
- Tutor: $18.28/hour Online tutors help students to develop their skills in specific disciplines via video or email. Online teaching jobs pay well, and the convenience of working from home is appealing to many. Tutors are frequently required to pass tests to demonstrate their knowledge of their subject or field of study.
- $16.17 per hour for a virtual assistant Virtual assistants help with everything from bookkeeping to project management to ghostwriting. Virtual assistants must be well organized and are generally engaged by people who work online full-time, ranging from online influencers to small business CEOs.
- Proofreader: $18.60/hour Proofreaders guarantee that there are no grammatical problems in the content. Because they must demonstrate superior editing and writing skills, this role is excellent for English majors or anyone who enjoys writing.
- Independent writer: $24.74 per hour While getting a foot in the door for freelance work might be difficult, the flexibility of working on specific projects can be worth nearly. Rates for freelance writing vary per firm, and many pay by the word.
Part-time jobs for college students on campus
Learners who stay on campus over the summer may discover that there are many vacancies left by classmates who return home. Your college’s office of student affairs may be able to provide the greatest leads for part-time jobs, but on-campus choices may include:
- Barista: $11.18/hour Many college campuses feature cafes or coffee shops that are open all year to facilitate summer college visits and athletic events.
- School store clerk: $11.12/hour Campus bookstore sales staff may assist in restocking and assisting consumers with their purchases. Although hours may be reduced during the summer, working in the school store can be a fantastic opportunity to earn income while staying on campus.
- Library aide: $14.12 per hour During the calmer months on campus, the library can be an excellent alternative for students seeking slower-paced work in a calm setting. Library assistants often aid with the reshelving of books, but they are also responsible for assisting library users in finding what they are looking for.
- Peer tutoring costs $18.28 per hour. Peer tutoring entails assisting students in succeeding in summer courses. This could involve assistance with writing essays, solving math issues, or explaining scientific concepts. This is a common option for students who reside on campus and are knowledgeable enough even in their area of study to tutor their peers.
- Campus tour guide: $14.56/hr. Tour guides walk potential students and their families around campus, asking questions and offering information about the college. In addition to their base wage, tour guides may be given incentives such as free summer housing.
What exactly is a federal work-study?
Some students enrolled in summer classes may be eligible for work-study. Federal work-study is a type of need-based federal grant that assists students in finding part-time jobs on or off-campus. Labor-study, according to the US Department of Education, “emphasizes employment in civic education and employment relating to your course of study whenever practicable.” Work-study positions frequently include flexible working hours.
Work-study acceptance is dependent on financial considerations such as income and family size, which means that not all students will be eligible. Because it is a type of government financial help, students must apply for it using the Free Application for Federal Student Aid (FAFSA).
Students will be allotted a maximum amount of hours that they may work, which is usually a little more than 20. Students are paid nearly the federal minimum wage and are free to spend their money in any way they see fit.
When should you consider summer internships?
Even though they are not necessary for a degree, summer internships are an excellent opportunity to obtain experience in a potential career sector and network with industry leaders.
Internship programs can be both unpaid and compensated, so students should consider their financial situation as well as their willingness to work for the company before proceeding. Students should also check with their major’s department to see if an internship can be used to fulfill course requirements.
The wage for a summer internship, if it pays at all, varies greatly depending on the topic of study, the intern’s expertise, and the state in which the internship is located.
However, according to ZipRecruiter data, the average salary for a summer intern is $14.95 per hour.
Working a summer job has FAFSA ramifications
Annual income is a significant element in deciding how much federal financial help a student will receive; thus, how much they make over the summer months will influence how much federal aid they receive. However, because of what is called a financial protection allowance – a limit for what income is included on the FAFSA — the impact should be limited.
Any income up to $10,950 is not reflected in financial assistance calculations for independent students without dependents. Dependent students can earn up to $7,040 per year without having their earnings counted. Even if students make more than this amount, only half of the extra is taxed and counted against financial assistance So, if a reliant student earns $10,000 over the summer, they will make $2,960 more than the income protection amount, but only $1,480 will be deducted from their financial aid eligibility.
The government work-study program is an exception. Because this is a type of federal student aid, any money earned while working at one of these positions will not count against aid eligibility.
Students who believe they will severely exceed these income restrictions have two choices: renounce their prospective aid eligibility and replenish their pay, or forfeit their work hours to increase their financial aid potential.
There isn’t much disadvantage to taking up a summer job because the risk of surpassing that income limitation is so tiny, specifically if the student is only employed for the summer. The more key aspect is if the student works full-time; in this instance, students should examine whether financial aid may be jeopardized.
Summer is an excellent time for a college student to earn extra money to help offset the escalating costs of a degree. With so many possibilities available that fit a college student’s lifestyle and schedule, finding the appropriate work-life harmony while on summer vacation is easier than ever.