Perhaps, you have heard about Kickstarter, one of many crowdfunding sites that enable people to raise funds for innovative projects, some of which may require just a few thousand dollars while others need millions.
As a student, you may be wondering if there are websites that help you with raising funds for finishing your studies at college.
Paying for college is becoming increasingly harder and harder, as the cost of getting a college education keep rising.
Fortunately, there are such websites, some of which are mentioned here along with their style of working.
What will I learn?
1. YouCaring
YouCaring not only allows raising funds for college but also for personal reasons. Yet, the website has allocated a section exclusively for raising funds for college tuition.
What distinguishes YouCaring from other similar websites is that it is totally free. Students need not pay anything in advance, and there are no deductions made from donations received.
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All that a student or another fundraiser needs to do is to create a profile, include a photo, provide a link thereof and fill up the required information while highlighting the reasons for raising funds and promoting it through social media.
Even if the campaign fails to achieve the required goal, you get whatever funds are received.
The funds are straightway transferred to your PayPal or WePay account.
You are free to conduct as many campaigns as you like.
Each campaign continues for 120 days.
Those raising money need not provide any incentives to donors.
So, you need not get discouraged from joining your dream college due to its high tuition fees. You may successfully raise the required amount of money through this site and join a college of your choice.
2. GoGetFunding
GoGetFunding.com is easily the most accommodating website for raising funds for it allows you to raise funds for whatever reasons and for any length of time you may like.
People do patronize this website for collecting money for college tuition.
The operation of GoGetFunding.com is very much like other websites of this type, meaning you create a profile, include a photo or video and give reasons for raising funds and then start promoting it.
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GoGetFunding charges you four percent of the donations you receive and the balance is straightway transferred to your PayPal account.
A helpful feature in this case is that money gets transferred to your account not at the end of your campaign but as soon as you receive any donation.
Moreover, you are free to offer incentives to donors like one student who offered to do some household chores for one hour for those donating $100 or more.
You may start a fresh campaign for each semester and raise funds for paying the forthcoming tuition expenses. You may even choose to keep your campaign on all through the year and make some additional efforts for its promotion when the next semester is about to start.
You’ll appreciate all the liberties that GoGetFunding gives you for raising funds.
3. AngelDorm
Update: No longer available!
Angeldorm.com is one of the few websites that are basically designed to help college students.
This is how it works: Any student looking for financial help can access this website to create a profile, incorporate a photo or video therein and mention their school and the major they would like pursuing along with whatever other information they like to provide.
The campaign continues for 45 days.
The student need not pay any fee in advance but Angeldorm charges just $2.75 for every donation received.
The student is free to conduct any number of campaigns. Whether the donations received exceed the targeted amount or not, all the money received is sent to the school. The funds so received may be used for paying tuition or dormitory fees, buying books or such like expenses.
Most students make use of their social networks for upholding their campaign for raising funds. It may surprise you to learn that Angeldorm itself offers scholarships.
In a way, Angeldorm is the parallel of Kickstarter for college students with the difference that one of them funds projects whilst the other funds the students.
Conclusion
If you realize that grants and scholarships are insufficient to meet your expenses at college, you should surely try raising funds through one of these sites.
There are also other similar sites that cater to any needs and not just students and their college funds. Checkout this post for a list of sites where strangers give you money for almost anything.
Of course, you have the final option of seeking a student loan, but you would know such loans carry a steep rate of interest and you may take a few years for paying back.
Why not try raising funds through one of these websites?
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