Save up a little more and invest in web-based teaching platform where you can have all students in one class and show them slides and interact with you and other students.
thanks for the ideas guys, and comments! keep it coming. I really liked the idea of webinars. I can use GoToMeeting/Skype..what say?
Good post Kyser - there are plenty of businesses in the US that offer student assistance (Kumon and Sylvan). I would imagine that they are quite expensive, you could offer a (better) cheaper alternative. My girlfriend teaches French via Skype ........ Good Luck!!
U can start a website with that money or better to save that money to gather much more in coming days..u can invest in anything u like to make money online..
Grab a dot com domain, reliable hosting and make a niche site. Choose a profitable keyword and get your ball rolling. That is less than $30 expense as affiliate marketing is free.