Written by: Corey Janoff

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This post was originally published in December, 2019, and has since been revised and updated.

As a medical student, any extra cash you can bring in will go a long way. You and your peers are all living on essentially zero income – student loans, scholarships, or parents are funding your school and housing costs. Beer money is at a premium. But in all seriousness, if you can bring in some extra cash, that will help keep your credit card balances to a minimum, pay for conferences, interviews/residency applications, and potentially reduce the amount of student loans you need to borrow. This week we will look at 11 side hustles for med students who want to make money while in medical school.

Before we dive in, I understand that time is a limited commodity during these years (and every year from here on out). Depending on the curriculum, specialty you are hoping to pursue, rotations, your need to study, etc., some of these side hustles will be more feasible than others. This list is also not absolute – there are endless ways to make some money on the side from odd jobs and what not. Tap into your skillset and see what you can make of it. Here is a list of jobs for medical students:

#1. Tutoring

As a medical student, you are a highly qualified learner. Most people assume if you can get into medical school, you must be really smart and good at school. There is a huge demand for tutors in this country and you can make a lot of money doing it. You could make $100 or more an hour tutoring college kids on how to study for the MCATs.

Find local schools and libraries in your area and start advertising your services and what subjects you can tutor. You could also tutor your fellow classmates in your medical school!

You can contract through an education company and they will connect you with people who are seeking tutors. It’s all done online, and you are (mostly) assured to get paid as these companies charge the pupils up front. The education company acts as a middleman and the amount you receive will likely be less than if you work directly with someone. However, you can set your availability and they will fill your schedule, which outsources a lot of the effort of getting customers.

You can’t talk about the 21st century without mentioning the internet where Online Jobs for Students to earn money are now available. Internet usage has spiked over the last decade, which has created a global trading platform. People around the world now have an equal chance to earn income. The young generation is in.
Whether you have a degree, formal education, or several years of experience in producing homework-related content, this may be your chance to help others while earning considerable rates. Homework solvers wanted is not just a calling for writers seeking a work opportunity. You can work with customers who at one time or another you could relate to.

There are countless online ways for anyone to make money, yet they are still undiscovered and not much known in India. Related- 50 Easiest Ways to Make Money. Earn Money by Selling your Notes; A traditional way of earning money in your student life is selling your old notes. Following are the Top 5 Ways to Make Money Online as a Medical Student: Start your own Blog. Start writing as a Freelance Medical Writer. Prepare Presentations for other Professionals. Medical Transcription Services. Put out your Own Product Online.

I met with a gentleman once who started tutoring in medical school and it was so lucrative for him that he didn’t even bother going to residency. After he graduated medical school, he started a tutoring company and now tutors pre-med and medical students full time. He makes as much money as many primary care doctors out there and he doesn’t have to take call!

#2. Work as an Emergency Medical Technician (EMT)

I know several people who worked as EMT’s while in medical school. One guy got a real thrill out of driving an ambulance! This is a great way to apply your knowledge and gain experience. Want to go into emergency medicine or trauma? Working as an EMT is a good place to start.

It is usually beneficial to gain experience in a field that is like the one you are pursuing. Also, you will gain an understanding of what the first responders go through before the patients are brought to the hospital.

Like tutoring, hours can be somewhat flexible too. You will likely need to commit to some sort of set schedule, but it can be built around your classes and rotations.

#3. Phlebotomist

A phlebotomist is someone who draws blood. No, you do not need to be a doctor or registered nurse in order to do this job. You could work in the lab at your teaching hospital or one nearby.

There is also an entire industry of mobile phlebotomists who travel to patients houses to draw blood. This is primarily fueled by life and disability insurance companies needing blood and urine samples as part of their medical underwriting process. Insurance companies want to make it as easy as possible for potential policyholders to buy a policy. Rather than making the applicant trek down to the local hospital or lab to draw blood, they come to you.

Due to industry regulations, insurance companies need an independent party to do these blood draws. There are a number of independent mobile phlebotomy companies that hire independent contractors to do their exams.

You can set your schedule and decide what days/hours you want to work. The company you contract with will give you a list of names of people in your area that need blood draws and you coordinate with them a convenient time to meet and complete the exam/blood draw. You are paid per exam, so you can do as many or as few as you want. For a medical student, this can be great, because you can work evenings, early mornings, and weekends, which is precisely when most people want to schedule their insurance exams, so they don’t have to take time away from work.

#4. Medical Scribe

This one may not be quite as flexible as some of the others, as you must shadow an attending physician around and take notes and enter them into the EMR’s. You can only do this during the hours the doctor is seeing patients, which may conflict with your schedule. Also, the attending doctors may want someone who can commit to the hours they are seeing patients. If you can find an attending whose schedule aligns well with yours, at least for a half-day a week, then you may be in luck.

Many schools have built in days/hours for students to shadow doctors in practice, so this could be a way to kill two birds with one stone and make a couple bucks.

#5 Medical Research Assistant

Odds are your medical school is part of an academic research institution. There are many academic physicians engaging in research projects that they need help with. You could potentially work with one of them as a research assistant and get paid to do so.

Depending on the project and the doctor in charge, hours could be flexible. However, depending on the research project, it could be pretty demanding, so you’ll want to figure out the necessary commitment ahead of time.

#6 Sell Your Body and Mind to Science

If you are unable to work as a research assistant, you could work as the subject of said research! Many of these projects need volunteers they can poke and prod and whatnot and will compensate the volunteers for their time. This can be a great way for a medical student to make some extra cash on the side without having to commit to an ongoing work schedule.

#7 Donate Plasma/Sperm

When I was doing some light research for this post, donating plasma was one of the most common ways I found for how to make money while in medical school. Some students go in twice a week and can make some decent money for the minimal effort. It takes about an hour and a half and companies will pay between $20-50 per donation. That’s a pretty good hourly wage for kicking back and scrolling through Instagram or reading a book. Do that twice a week and you could make several hundred dollars per month donating plasma!

For the men out there, you could also donate sperm. As a future doctor, your sperm is worth more than the sperm from say, the guy who drives a garbage truck. You could potentially make $500-1,000/month if you do it regularly. Just avoid doing 23andMe and AncestryDNA unless you want to be connected with all of your biological offspring one day.

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2021.09

How To Earn Money Online For Medical Students

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