To start a tutoring business, you've really got to know your stuff. But if you're a whiz at math or tops in your French class, why not impart that knowledge to your fellow students . . . for a fee, of course. Tutors charge anywhere from $5 to $15 per hour, depending on the region and the subject matter. Highly technical subjects command higher rates than liberal arts subjects, and students in major metropolitan areas generally charge more than their rural counterparts. Students who tutor in required subjects such as English or math often enjoy the greatest success, because every student has to pass those courses to earn a degree.
To advertise your service, place a classified ad in the school paper, put up fliers around campus or create your own Web site. Your Web site or fliers might offer something like "10 Tips to Pass English 101" for free, and include your phone number for private tutoring.