Ways to Earn Money as an F1 International Student

Studying in the USA as an international student is exciting, however, the high tuition fees and living expenses can get quite overwhelming. In this blog, we will discuss different ways you can earn money while studying in the US.

Understanding the Visa Limitations

Before learning about the different ways you can earn money as an F1 international student in the U.S., it is essential to understand the restrictions set by the Department of Homeland Security around it. F-1 students are typically not allowed to work off-campus in the first year of their studies. After completing a full academic year, F1 students will be eligible for CPT, where they can work up to 20 hours in a job directly related to their field of study.

On-Campus Employment

One of the most common and easy ways to make money as an international student in the U.S. is through on-campus employment. This includes working in the university library, dining services, or as a teaching assistant. As an F-1 student, you can work up to 20 hours per week during the semester and full-time (40 hrs) during school breaks. While these jobs may not make you rich, they are an excellent way to supplement your income and gain valuable experience.

Severe Economic Hardship Employment for F-1 Students

Severe Economic Hardship Employment is a type of work authorization that allows F1 students to work off-campus part-time when they are experiencing financial hardship. However, the hardship must be caused due to unforeseen circumstances that were beyond the student's control. You can learn more about it here.

CPT

Curricular Practical Training (CPT) allows F1 international students to participate in an internship opportunity directly related to their field. This is a great way for students to earn money and gain experience, preparing them for full-time roles in the near future.

OPT

Optional Practical Training (OPT) allows F1 international students to work in the United States in a job directly related to their field. Students can work full-time or part-time and can volunteer or intern. They can work for multiple employers, but the total hours per week must be at least 20. On OPT, you can even be self-employed. The following are a few ways you can earn money once your OPT is approved.

1. Freelancing and Remote Work

   With the rise of digital platforms, freelancing has become a popular way to earn money remotely. Freelancing allows you to use your skills in areas like graphic design, writing, web development, or digital marketing to generate income. Websites Fiverr and Freelancer offer opportunities for students to find freelance work that suits their skills and schedule. This can be an excellent way to make money without leaving the comfort of your apartment.

2. Can F1 Students Invest in Stocks in the US?

   A frequently asked question by many international students is whether they can invest in stocks while on an F-1 visa. The short answer is yes, F-1 students can invest in stocks in the U.S. There are no legal restrictions on investing in the stock market as long as the activity doesn’t count as working or generating active income. Investing in stocks or exchange-traded funds (ETFs) can be a way to generate passive income for F1 students. However, it’s important to research and understand the risks involved before making any investments.

3. Passive Income for F1 Students: Renting Property

   While this option might not be a popular option for many international students, F1 international students can rent a property and generate passive income. This option requires an initial investment. If you have the financial resources, you could consider buying real estate and renting it out. This could provide a steady stream of passive income.

4. Online Surveys and Market Research

   F1 international students can participate in online surveys and market research, as it is considered passive income. While this won’t replace a full-time income, it is a convenient way to earn money passively in your free time.

5. Selling Personal Items

   Every now and then, we end up generating a lot of personal items, sometimes more than we actually need. It is a good idea to sit down, declutter, and give away things that you don’t actually need anymore. You can decide to sell these things on Facebook Marketplace or in your neighborhood Facebook group, and it is a great way to generate some passive income every now and then.

Studying abroad can be expensive, but with the right approach, international students can find ways to earn money legally in the USA. Whether you are working on campus, doing an internship, or indulging in freelance opportunities, there are plenty of ways to boost your income as an F1 international student. Remember to stay informed about the legal regulations surrounding student work, and always prioritize your studies. With determination, creativity, and a willingness to explore various opportunities, you can successfully manage your finances while making the most of your time in the U.S.

If you are looking for affordable health insurance options during your time in the U.S., ISO offers plans for students taking full-time classes, OPT, and even H1B. You can learn more about it here.