Students turn note taking into cash - KMOV.com

Students turn note taking into cash

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By Stephanie Baumer By Stephanie Baumer

SAGINAW, MI (WNEM) -It’s a new form of online entrepreneurship. Converting the notes you took in class into cold, hard cash!

That’s the idea behind the website Flashnotes.com, an online marketplace for college students to buy and sell original class material like study guides, flash cards, notes and even tutoring videos. 

The concept has attracted students like Kimberly Grendzinski, an avid note-taker at the University of Connecticut.

The junior animal sciences major turns going to class into cold-hard cash, whipping her notes up into a word document, uploading them to Flashnotes and setting her price. 

”What I do is take them and then would re-write them after class,” says Grendzinski. “I do it mostly for myself just because it helps me. So if I can help someone else in that process, why not?”

Grendzinski is now helping several students in her organic chemistry class at $16 a pop. A senior vice president at Flashnotes says the average price for study guides and flash cards is about $8 or $9. 

Whatever profit students make, Flashnotes gets 30-percent of. Students collect 70 percent of all their sales paid to them on a weekly basis, either via paypal or direct deposit.”

Grendzinski has made more than $275 selling her notes. A good amount of extra money, but that’s chump change compared to some of Flashnotes’ top sellers. 

One student at Florida State University has made nearly $12,000 over three years. 

Regardless, Grendzinski is already looking forward to the note-taking business’ black Friday, finals. 

It’s important to note that Flashnotes allows only original class material. No copies of textbook pages or professor slides and nothing that can be turned in for a grade. 

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