5 Ways To Survive In College On Financial Matter

Financial matter became very important when I am in College. I will explain about financial matter in my point of view when pursue a bachelor degree in surabaya, Indonesia.

In my opinion college is the transition stage between being dependent and independent from our parents.

I took seriously about this things until I decided not to be funded again by My parents related to tuition and daily needs at the beginning of my college life.

Initially it was very difficult for me to have to buy anything including meals, gasoline, entertainment etc with the remaining savings when I am in high school.

Until finally I can find ways to earn money to support my college until graduate such as be a private teacher, get a scholarship, join project,  competitions, doing a small business and so on.

I would not only shared my personal experiences but also narrated some of the experiences of people around me on how to earn money when in college.

Normally, life in Surabaya, Indonesia for food and daily necessities will cost around IDR 700k – 1000k outside accommodation such as boarding house and rent an apartment.

Because of I am origin from Surabaya so I didn’t have any dependents for the cost of the accommodation, only the cost of transportation that goes up.

So here are 5 ways you can do to become independent in financial matters when you are in college : 

    1.     Private Teacher

This is the most effective and powerful way to earn money monthly, I became a private teacher from the first year of college to the last year. This is the most my friends did in that time.

You can imagine by getting a student  either elementary school, junior high school or senior high school, usually the fee as a private teacher from  elementary school IDR 40k – 50k, junior high school IDR 50k – 60k  and Senior high school IDR 50k – 75k depend on the distance from where you are. ­­­

Usually we will conduct 2 times meeting per week or 8 times per month. From this explanation we can earn about IDR 320k - 600k per month per student minimum!

You can calculate how much free time you have to allocate as a private teacher. I suggest you guys to reduce your hangout time and use with things that can make you more usefull. In this time I have 2 ex students who are still in good relation .­­­

     2.     Scholarship

Get a scholarship is a way to get money that is highly recommended, first of course they will support to give fresh money that you can use to pay tuition fee or can be used for additional money for your daily necessities.

Secondly, some scholarship program owners also provide self-development programs, such as leadership development etc that are very useful for upgrading your skills as a student

Third is about networking, if the scholarship program provide self-development program, you will certainly meet with students from other universities that will enhance your networking.

Scholarship programs such as PPA and BBP from Ministry of Education, Beswan Djarum, GE, Cargill, Chandra Asri, Astra First, Total E & P Scholarship Program, Pertamina Sobat Bumi, KSE and so on.

I will tell you guys about my experience in hunting scholarship on another occasion with more details along with tips and trick. Information about amount of money earned from scholarships I've ever know total around IDR 5000k - IDR 24000k per year. They will give in either monthly or in one stage.

     3.     Project

Some of the projects that I have been following are supervised by my lecturers on campus. Usually they have government-related projects to do.

Therefore it is very important for us to have good credibility in their eyes, so if they have a project then your name will be called to help them.

Some projects are usually done within 2-3 months depending on how complicated the project is, projects I've done such as internet facility surveys from information and technology department of Surabaya CIty, Surveys of potential plastic and ceramics industries in East Java, english translate for journal and many other things.

The fee for these project can not be ascertained as the number but it is quite good for the additional income, so far I have been following this lecturer project I can get around IDR 1000k – 4000k per project.

     4.     Competitions

For this way you need more effort like sacrifice of time, mind and money. But once you doing good on it and gave you good result, it will be very advantages for you.

From my experience I have join several competitions from english debate competition, paper competition, chemical engineering-related competition and so on.

Whatever your college majors there must be an activity like this. The point is you have to look for potential competitions which has a great chance of winning at the smallest cost possible.

I have experience when join competitions in malaysia which requires huge number of money  such as plane ticket, registration fee, allowance and other things

You have to believe that your campus institution have many ways to get fund. I used to actively make proposals for funding to departments, faculty, alumni, parents bonds on your campus and so on

Huge effort was spent for succeeding the proposal. We must be actively follow-up with complicated procedures that requires a lot of energy and time.

The result quite satisfying to cover some or all of your expense along the competitions. Moreover if you win the competitions there will be a lot of appreciation from your institution not only the pride but also in the form of money.

     5.     Business

There are so many activities that can produce additional income as a students lately.

For example there is a profession as a tour guide in your living city. Many tourist from local or international visiting your city to get around looking for tourist sites and culinary.

This activity is supported by the number of startups such as hello guide and others that make it easier for us to get customers.

There are also who have a culinary business,  design services, make up artist, online-platform driver, and many more

So that's the fifth example of how to raise money during college in order to become independent in financial matters. The most difficult of my whole story to be indpendent is an urge.