Frequently Asked Questions
Learn About Financial Aid Frenzy
Find answers to common questions about creating campaigns, donating/contributing, and managing funds with Financial Aid Frenzy.
FAQs
Have questions about how Financial Aid Frenzy works? Whether you’re a student, contributor, or fundraiser, we’ve gathered the most common questions to help guide you through our platform. If you don’t find the answer you’re looking for, feel free to reach out to us directly—we’re here to help!
For Fundraisers
Getting Started
What is Financial Aid Frenzy?
Financial Aid Frenzy is an online platform that helps students and learners raise funds for their educational goals through personalized campaigns.
How do I start a campaign?
To create a campaign, simply sign up on our platform, provide details about your educational goals and financial needs, and start sharing your campaign with potential contributors.
Is it free to use Financial Aid Frenzy?
Yes, creating and managing a campaign is free. We deduct a small fee from the funds raised to cover platform costs.
Is Financial Aid Frenzy only for college students?
No, Financial Aid Frenzy is available to anyone pursuing post-secondary education, starting as early as elementary school.
Campaign Management
How do I promote my campaign?
Share your campaign link via social media, email, and text. For additional reach, use our built-in promotion tools.
How do I start a campaign?
To create a campaign, simply sign up on our platform, provide details about your educational goals and financial needs, and start sharing your campaign with potential contributors.
What if I don’t meet my goal?
You keep the funds raised, even if you don’t reach your target.
Funds and Eligibility
What types of educational goals can I fundraise for?
You can fundraise for any legitimate educational purpose, such as tuition, books, or certification programs.
Can I use funds for any educational expenses?
Yes, you can use the funds for a variety of educational expenses, including tuition, textbooks, school supplies, housing, and more. Funds are typically sent directly to the school, but this policy can be waived under certain circumstances with proper documentation.
How do I withdraw the funds I’ve raised?
You can request a withdrawal each semester after your add/drop date has passed, and the funds will be transferred to your institution.
For contributors
Making a Contribution
How can I contribute?
Contributing is easy. Browse the campaigns or click the link you received from one of our students, choose the one you’d like to support, and click the “Contribute” button. Follow the instructions to make a secure contribution.
Is my contribution tax-deductible?
Your contribution’s tax deductibility depends on your country’s tax laws. Some contributions to educational causes may be eligible for tax deductions. Consult with a tax professional for specific guidance.
Can I donate anonymously?
Yes, you can choose to contribute anonymously if you prefer not to disclose your identity.
Are there fees for donating?
No, contributor are not charged additional fees.
Managing Contributions
Can I set up recurring payments?
Yes, you can choose to make one-time or recurring contributions during checkout.
Can I get a refund if I donate by mistake?
Refunds are evaluated on a case-by-case basis. Contact us at info@financialaidfrenzy.com for assistance.
Can I support multiple campaigns?
Absolutely! You can contribute to as many campaigns as you like.
Security and Transparency
Is my personal information safe?
Yes, we use industry-standard encryption to protect your data.
How do I know my contribution goes toward education?
Campaign creators must verify their educational expenses and provide updates on their progress.
Can I get updates on the campaigns I support?
Yes, you can choose to receive updates from the campaign creators, including progress reports, thank-you notes, and news about their educational journey. However, it is up to the campaign creator to send contributors updates on their fundraising progress.
Still Have Questions?
If your question isn’t listed here, contact us at info@financialaidfrenzy.com or visit our Contact Us page.