Are you a person with a background in education seeking a side business?
Maybe you're a student looking for an internet job to help pay for your books and tuition.
You're in luck if you can relate to this.
You are in a unique position to provide tutoring services because of your degree, skills, and experience.
Online tuition is more available and simple to discover than ever.
It can be difficult to compare your alternatives, though, because there are so many possibilities accessible.
We're going to talk about Wyzant Tutoring today as one of your possibilities.
Wyzant offers students test preparation services and professional tutors in more than 250 subjects.
You should feel much more informed about Wyzant as a potential online tutoring platform after reading this article.
What Is Wyzant
Wyzant is an online marketplace that connects students with qualified tutors for individualized instruction.
By creating a platform that makes it simple to link children in need with qualified private instructors, the company claims that it hopes to alter how people view education.
Wyzant wants the platform to be:
- Accessible.
- Affordable.
- more practical for anyone.
Nearly 15 years have passed since the founding of Wyzant, Inc.
In 2005, it was established in Chicago.
Wyzant was one of the first programs to link students with independent instructors when it was initially established.
Since then, the business has expanded and now employs over 100 individuals.
The corporation employs 80,000 tutors, who are not included in this figure.
How Does Wyzant Work
Wyzant helps students in need get in touch with tutors who can support them in their academic goals.
Students begin by going to wyzant.com and providing some information regarding their tutoring requirements.
They begin by stating the subject they want to study.
Then they specify if they want to learn that subject for personal, professional, or educational reasons.
The student's grade and the urgency of their aid request can then be covered in follow-up questions.
A list of tutors who are qualified to assist the student will subsequently be provided by the platform.
The tutors are then scrolled through by the students to choose the one that best suits their needs.
Learners can:
- Check the tutor's credentials to see if they have undergone a background check.
- Check out what other students are saying.
- View the tutor's schedule.
A student can ask that a tutor have a background check if they want to work with someone who hasn't recently had one done.
The student can message the tutor directly after choosing one they'd want to work with.
Students can do this via the company's mobile apps or the desktop platform.
The Google Play and Apple Stores both provide mobile apps.
In order to begin their online course, students must lastly supply a means of payment.
Lessons can be scheduled by students based on the tutor's schedule.
Wyzant promises that the first lesson will be enjoyable for the students.
If not, it's free.
The site also provides in-person tutoring.
The company does connect students with instructors for in-person classes even though its online services account for the majority of its business.
This is not a requirement for tutors, and they can specify the maximum distance they are willing to travel for in-person lessons.
The in-person alternative, however, might be able to assist you connect with kids in your neighborhood if you're hoping to increase your income and grow your tutoring business.
How Much Does Wyzant Pay
If the system described above appeals to you, the next step is to determine your earning potential as a Wyzant tutor.
It's good to know that you have rate flexibility.
Since you may set your rate at whatever you believe you are worth, there isn't really a cap on how much money you can make.
The disadvantage of this approach is that you have to be reasonable with your fees when you're up against 80,000 other tutors.
To attract students, competing tutors may offer lower prices.
Since students can choose their teachers and many don't have unlimited funds, they might just pick the least expensive tutor available.
You should therefore keep this in mind when deciding on your pricing.
You won't attract many students if you set your standards too high.
In order to establish a competitive pricing, you should research what other tutors in your profession are offering.
Wyzant deducts a portion of your earnings, which you should be aware of.
The business just switched to a flat-rate price as its policy.
Wyzant retains 25% of tutors' revenue, leaving them with 75% of their earnings.
Wyzant also assesses a "processing fee" of 9% of your hourly rate to pupils.
Let's assume that your hourly rate is $50.
There will be a $37.50 take-home payment for this lesson.
Payable by the student is $54.50.
You give Wyzant $12.50, and the student gives Wyzant $4.50, for a total of $17.
Referring new students to the site is one method that tutors can improve their take-home compensation.
You will receive 100% of your rate rather than the usual 75% if you recommend a new student to Wyzant and the student books lessons with you.
The 9% service charge is still due from the student.
It's impossible to predict how much money you'll make on Wyzant because it depends on the number of hours you put in and the rate you charge.
Your rate is frequently influenced by the subject matter you're teaching and your level of expertise.
For instance, advanced calculus tutors may charge more than those who focus on the fundamentals.
However, we've discovered through our research that when working as a tutor for Wyzant, tutors typically earn $30–$60 per hour.
It's also important to remember that you are an independent contractor because you are a tutor.
According to Wyzant, you cannot include it as an employer.
This indicates that the employer won't deduct taxes from your paycheck.
Since you are the only one accountable for paying freelancer taxes, you must exercise diligence in doing so.
How to Get Started With Wyzant
Go to the Tutor Sign Up Page first if you're ready to join Wyzant as a new tutor.
You then enter the subject areas you want to tutor in.
Then Wyzant will give you a brief overview of the duties you will have as a tutor for the company.
If you have no objections, you can move on to the application's free-response section.
Here, you'll describe your background in great detail.
You must include the following information in this section:
- experience in tutoring or teaching previously.
- certifications and licenses you've obtained.
- degrees that you have earned.
- your academic background.
- Your rate per hour.
- The distance you will travel for in-person lessons.
Be specific when describing your experience.
This information will be seen by students.
Your profile will look better to students if you provide more information.
Similar to that, you can customize your tutor bio once you've finished the free-response form.
The business advises that you include things like a picture, a catchy byline, and thorough background information.
All of these actions will make you seem friendlier to students, which might help you get more scheduling.
Finally, before you begin, Wyzant requires that you sign its Independent Tutor Agreement.
You can start scheduling clients for in-person or online tutoring as soon as you submit this agreement and confirm your email address.
You might notice when looking at your profile that you don't have the authorization to teach in all of the subjects you requested.
Each of Wyzant's tutor applications is reviewed.
The company won't let you teach in a specific subject if you don't have the necessary credentials or credentials that are required.
Therefore, you should be careful to only apply for jobs in fields where you have a lot of experience or education.
In the event that your qualifications advance over time, you can always request to work in other fields.