Studypool is an on-demand learning platform that connects students with verified tutors who can help them. Students can post questions for help with their homework and get answers from tutors like you! As an online tutor with Studypool, you’ll make money by bidding on and answering questions that students post.
Studypool vets all tutor applications to ensure individuals are qualified to work on the platform. You’ll need to apply and answer short questions to assess your knowledge and skills.Teaching experience is not required to be a Studypool tutor, but you will need to be either an active college student or have a college degree.
There are two ways you can make money on the Studypool platform:
> Create and sell documents.
> Bid on homework questions asked by students and tutor them.
While these roles vary in terms of the work being done and how much you can make, I recommend trying both options to maximize what you’ll make on the platform.
If you have old notes, study materials, and the like, then selling documents at Studypool is a great way to expand your income passively! The process is simple:> Upload high-quality, quizzes, study guides, class notes, and more.> Studypool reviews the content for quality and relevancy.> If approved, you get paid $10 each time your resource is viewed.
Another way to make money quickly is through the Studypool online question forum. Here’s how it works:> Get verified as a tutor.> Once verified, bid on the questions that interest you.> Studypool holds your payment until the question is complete.> Once the answer has been submitted and the student approves it, payment is released.
There are several ways you can receive payments from Studypool. Some of the most popular payment options offered are PayPal, Transferwise, and Western Union.Once tutoring is complete, StudyPool will process your payment within three business days. You need a minimum of $50 to withdraw your earnings.
According to Studypool’s website, top earners make $7,500 a month.Salary postings on sites like Glassdoor and Indeed show tutors making about $2,000 monthly.These numbers will vary depending on how much you work and how much you charge per question. Studypool retains a 15%-30% commission on each question you answer.
Consider seasonality when working as an online tutor. The best times to tutor typically occur during active school semesters.Here’s a quick guide:> February to June: Busy> Summer: Less Busy> September to Mid-December: Busy> Mid-December to Mid-January: Very quiet
There are several benefits of making money as an online tutor with Studypool!
> Ease of use
> Flexibility
> Tax Benefits for working as an Independent Contractor
> Protection on the platform from non-payment and scams