It’s not a secret that college is expensive. As a student, it can be a challenge to make room in your schedule for a part-time job that collides with a heavy course load. One opportunity is to turn your diligent notetaking skills into an income stream.
That’s right! Some companies will pay you for your class notes. Stuvia is one platform that will pay you for your class notes.
If you are looking for a way to turn a profit from your coursework, Stuvia may be able to help. In this review, we will take a closer look at how Stuvia works.
Quick Summary
- You can earn money from your study materials when you post them to Stuvia.
- Stuvia offers a commission on the sale price when someone buys your study materials.
- Stuvia paid out $3 million to sellers in 2022.
Stuvia Details | |
|---|---|
Product Name | Stuvia |
Service | Online Marketplace For Course Notes |
Average Author Pay | $76 a Month Average Earning Per Sale: $4 |
Average Documents Sold Each Month | 17 |
Promotions | None |
What Is Stuvia?
Stuvia is an online platform that helps students track down the educational materials they are looking for. Through the platform, students can post Study Materials, which other students can purchase.
As of writing, Stuvia is available in 127 countries. In 2022, the company paid out $3 million to sellers and received over 750,000 documents for sale.
What Does It Offer?
The core of Stuvia’s offering is a marketplace that connects students buying and selling Study materials. As a student looking for help on a subject, Stuvia can be a treasure trove of resources. Stuvia helps students seeking education resources find the tools they need for success.
But all of those resources have to come from somewhere, and Stuvia gets them directly from students like yourself. In exchange for posting study materials, students receive a share of the profits they bring in.
In this review, we explore the features offered to student sellers on Stuvia.
Free To Post Study Material
As a student, it’s completely free to set up a seller account. When your Stuvia account is set up, you can post any number of study materials for free. According to the company, all written study documents can be posted.
Allowable documents include:
- Summaries
- College notes
- Assignments
- Textbook summaries
- Papers
- Essays
- Manuals
- Course notes
- Class notes
- Judgments
Keep in mind that Stuvia has some rules about what you cannot sell.
Prohibited items include:
- Old exams
- PowerPoints
- Published scientific articles
- Scanned books
As a side note, you keep the rights to your original notes. With that, you can choose to list the notes on multiple platforms. The exception to this rights rule is flashcards—Stuvia claims ownership rights to flashcards you make and post on the site.
Set Your Own Price
When selling study materials, you can set your own price. Not only can you set prices for single documents, but you can also make package deals with discounts to draw in potential customers. The minimum price you can set is $2.50.
With $3 million paid out to sellers in 2022, it’s clear that there is potential to earn an income from your study materials.
As buyers purchase your study materials, the funds are transferred into your Stuvia account immediately. Stuvia is a global company, and after you earn over 10 Euros, you can cash out. (As of this writing, 10 Euros is around $11.)
The company uses Tipalti to cash out your funds. When you make a cash out request, these are processed every Monday. With that, it can take around a week for you to receive your funds in your bank account.
Passive Income Potential
When you post your study materials to Stuvia, you are setting up a passive income stream. If your study materials are popular, you’ll earn money each and every time the item is sold. On average, sellers see their first sale within three days
If you are already creating notes, posting them to Stuvia could be a natural way to monetize.
Average Monthly Earnings | Average Earning Per Sale | Average Documents Sold Each Month | |
|---|---|---|---|
Price | $76 | $4 | 17 |
Are There Any Fees?
As the seller, you’ll get to keep most of the sale price. However, Stuvia will take a 30% commission on any money you earn. Since you can set your own sale price, you’ll get to decide how much you earn from each sale.
How Do I Contact Stuvia?
You can get in touch with Stuvia through live chat, Facebook, and email at [email protected]. Based on the positive Trustpilot reviews, it’s reasonable to expect a good experience when you work with Stuvia.How Does Stuvia Compare?
Stuvia is one platform that can help you monetize your notes. But it’s not the only option.
OneClass is a platform that will pay you for your class notes. Unlike Stuvia, you can get paid a one-time fee for comprehensive class notes. But OneClass also allows you to post your notes. If someone purchases your notes, you’ll get a percentage of the subscription sale.
Nexus Notes is another platform that will pay you for original notes. With Nexus Notes, you won’t have an opportunity to set your own price. Instead, you’ll earn a percentage of the subscription sale generated by your documents.Header | |||
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This post first appeared on The College Investor | Investing And Student Loan, please read the originial post: here
