How to Earn $1,000 a Month or More as an Online Tutor

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If you're on a tight budget, want to accelerate debt repayment, or need extra money to save for an emergency fund, a side gig can be a smart way to boost your income.

One of the most lucrative side gigs is tutoring. Whether you work well with children or prefer helping college students, you can earn up to $1,000 a month tutoring just a few hours a week. And there are many sites out there that eliminate the work of finding clients and marketing yourself; they connect you directly with customers and handle the administrative work.

Below are five online tutoring companies that allow you to earn money on your own schedule.

1. Chegg

Chegg connects students with tutors in a range of subjects, including science and mathematics. Unlike some tutoring sites, Chegg works with students from middle school through college. Rates start at $20 an hour, and top tutors can make as much as $1,000 a month.

You can tutor whenever you want, depending on your availability; Chegg offers tutoring 24/7. Chegg pays weekly, so it's great for someone who needs extra money quickly. And you can earn more by tutoring high-demand subjects, such as calculus or computer science.

To apply, you need to create an account with your email or Facebook login. Chegg will prompt you to enter your information, areas of expertise, and qualifications. You'll receive a decision from the company within a few days.

2. StudyPool

StudyPool offers tutoring sessions in over 30 subjects. Online tutors can set their own deadlines and prices. According to the company, some of the top-earning tutors can make salaries well into the six-figures.

Unlike other platforms, StudyPool allows students to pose questions to tutors, and a price is set for each question. For example, a student could post a question about a physics problem and offer $7 for help. You can choose as many or as few questions as you'd like to answer.

3. Tutor.com

Tutor.com connects you with students of all ages for tutoring sessions in a range of subjects, including accounting, economics, and college essay writing. According to Glassdoor, Tutor.com contractors report making approximately $11 an hour, but some subjects pay even more.

To be eligible, you must be a citizen of either the United States or Canada. Tutor.com can be a great source of income for college and graduate school students. While other companies require you to have a degree to accept clients, Tutor.com just asks that you be at least a college sophomore.

Sessions are available day and night, seven days a week, so you can work on your own schedule. However, unlike some other sites, Tutor.com does require you to commit to at least five hours a week.

4. VIPKid

VIPKid specializes in connecting Chinese students with English language instructors. The children you work with are between the ages of four and 12. All sessions are one-on-one with an individual child via webcam.

With VIPKid, there's no need to spend hours planning classes and materials; VIPKid provides class materials for you. You just need to review the curriculum before each class. The pay rate can be as high as $22 an hour, with incentive bonuses for student performance and number of classes you complete.

To be eligible to become a VIPKid tutor, you must have at least a bachelor's degree. You can submit your resume and application online. If the company selects you to proceed, you will undergo an interview, a class demonstration, and a mock session. If you pass these steps, VIPKid will have you sign a six-month contract and you can begin teaching.

5. Wyzant

Wyzant allows tutors to set their own rates, which can give you more flexibility and earning potential. In fact, some Wyzant tutors turn it into a full-time job and earn over $50,000 a year.

Wyzant caters to a broad range of customers, from high school students who need help preparing for the SATs to college students who need to be coached in physics or engineering. You can set your own hours and take on as many or as few clients as you like. While you can tutor online with Wyzant, you can also offer in-person sessions for an additional fee for local customers.

To become a Wyzant tutor, you must complete a profile and take a subject proficiency exam in your desired area of study. You can only tutor in subjects if you pass the exam.

Bottom line

Working as an online tutor can be a lucrative side gig that accommodates the other demands on your schedule. You can make extra money using just a few spare hours to accelerate debt repayment or build up your savings.

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