My 10 Streams of Income as a PhD Student - How I Earn €50,000 and tripled my PhD Stipend
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Her tax-free PhD stipend is €18,500/year, but a required 4-month industry internship replaced stipend payments for part of the year, changing her effective total.
Briefing
A Dublin PhD student lays out how she reached roughly €53,000–€54,000 in annual income by stacking a tax-free PhD stipend with paid teaching work, a required industry internship, prize money, a part-time role running a speech-and-drama school, and a growing content business that includes YouTube, Instagram, affiliate links, sponsorships, and paid Notion templates. The headline takeaway is less “how to get rich” and more how multiple modest streams—each constrained by visa rules, teaching-hour caps, and time limits—can combine into a level of earnings that materially changes what’s possible during doctoral study.
Her PhD funding starts with a tax-free scholarship of €18,500 per year (about €1,500 per month). In practice, that figure drops when an internship replaces stipend payments: this year she was paid for eight months, and the internship lasted four months. She quantifies the internship income as €11,846.16 (from a €35,000 industry placement total) and notes that stipend income didn’t run during the placement. She also describes the financial pressure of living in Dublin amid a housing crisis, citing typical rent ranges of about €1,600 for a one-bedroom and around €2,000 for a two-bedroom near her university; she and her boyfriend rent a two-bedroom house with rent plus bills around €1,000 per month.
To supplement the stipend, she earns through university teaching. She distinguishes demonstration hours (assisting in classes, answering questions, some grading/invigilation) from TAing (more administrative work). Demonstrators are paid roughly €18-something per hour, while TAs are close to €27 per hour. She reports doing demonstration work for two classes per term across two terms, totaling about 9 hours per week over 24 weeks, for €3,764.70 this year. She adds prize money from competitions, including the Huawei seeds for the future program, which awarded her a €5,000 scholarship after online training and a group project, plus €100 from a startup competition during her internship—€5,100 total in this category.
Those academic-related streams bring her close to the €50,000 mark when combined with her other major source: a not-for-profit speech-and-drama school she co-directs/sole directs after the previous owner passed away. She doesn’t claim ownership, but she reports earning €5,395.50 from the school this year, with teaching generating most of the revenue and administrative work often not paid to her. She estimates she spends about 20–30 hours per week on the school, mainly evenings and weekends, and says the flexibility helps her balance PhD demands.
Content creation then fills out the rest. She’s in the YouTube Partner program (1,000 subscribers and 4,000 watch hours), monetized for about 18 months, and reports steady ad and membership income around €250 per month, with year-to-date totals of €2,232.82 in ads and about €300 from channel memberships. Sponsorships and affiliates are grouped because she avoids disclosing company-by-company amounts; she says affiliates and sponsorships total about €4,500 so far this year and expects growth next year. Her Notion templates—sold as productivity resources tied to her brand—have generated €1,800 so far, with a new template release expected soon.
Finally, she stresses the trade-offs: she works roughly 70–80 hours per week across all commitments, hasn’t had more than three consecutive days off since last June, and has needed counseling (about €60/week). The income is real, but so are the costs—time, stress, and health—making the overall message a cautionary blueprint rather than a lifestyle pitch.
Cornell Notes
The core strategy is stacking multiple income streams around a PhD: a tax-free €18,500 stipend (reduced when an internship replaces it), paid university demonstration hours, prize money from startup/hackathon-style competitions, and earnings from running a speech-and-drama school. On top of that, she monetizes content through YouTube Partner Program ads and memberships, plus sponsorships and affiliate commissions, and she sells Notion templates tied to her productivity brand. Combined, these streams put her around €53,000–€54,000 for the year, with potential to reach about €54,000 by a new template release. The practical lesson is that constraints—housing costs, teaching-hour limits, internship timing, and visa work caps—shape what’s feasible, while the major downside is the heavy workload and health/stress costs.
How did her PhD stipend translate into real monthly money, and why did it drop this year?
What university work did she do to earn extra income, and how is it structured?
Where did her prize money come from, and what were the amounts?
How did her speech-and-drama school role contribute, given she doesn’t own the business?
How does her content income break down across YouTube, sponsorships/affiliates, and Notion templates?
What are the major downsides she flags despite the income?
Review Questions
- Which income streams depend on timing (like internships) and which depend on ongoing output (like content and templates)?
- How do demonstration hours differ from TAing in both responsibilities and pay, and how did she use that structure to estimate her earnings?
- What trade-offs does she describe between scaling income and maintaining health, and how do those costs show up in her budget?
Key Points
- 1
Her tax-free PhD stipend is €18,500/year, but a required 4-month industry internship replaced stipend payments for part of the year, changing her effective total.
- 2
Paid university demonstration hours (about €18-something/hour) added €3,764.70 this year, based on roughly 9 hours/week across two terms.
- 3
Prize money contributed €5,100 total, including a €5,000 Huawei seeds for the future scholarship and €100 from a startup competition.
- 4
Running a speech-and-drama school (not owned by her) added €5,395.50, with teaching generating most revenue and administrative work often unpaid to her.
- 5
Her content stack includes YouTube Partner Program ads and memberships (about €2,232.82 ads and ~€300 memberships so far), plus grouped sponsorships/affiliates (~€4,500).
- 6
Notion templates tied to her productivity brand have earned €1,800 so far, with a new release expected to boost end-of-year totals.
- 7
The biggest caution is workload and health: she reports 70–80 hours/week, limited consecutive days off, severe illness, and counseling costs around €60/week.