• info@financialaidfrenzy.com
  • Houston, Texas
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Frequently Asked Questions

Frequently Asked Questions

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FAQ

For Fundraisers

Financial Aid Frenzy is a fundraising platform for students to gather contributors who want to help them achieve their educational goals.

We provide students with a platform to create fundraising campaigns for their education. Contributors can browse these campaigns and contribute to the ones they are passionate about.

No, Financial Aid Frenzy is open to anyone seeking post secondary education. You can start early in K-12.

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.

Yes, it’s completely free to create a fundraising campaign on our platform. We (optionally) collect a small tip from the contributions received to cover operational costs.

Yes, you can use the funds for a wide range of educational expenses, including tuition, textbooks, school supplies, housing, and more. All money will be sent to the school however this can be waived in certain circumstances with proper documentation.

Contributors may be eligible for tax deductions, but it depends on the tax laws in their respective countries. We recommend consulting with a tax professional for specific guidance.

You can promote your campaign through social media, email, and personal networks. We also provide tips and tools to help you maximize your campaign’s reach.

We take data security seriously. Your personal information is protected using industry-standard encryption and privacy measures.

You can still withdraw the funds you’ve raised, even if you haven’t reached your goal. Every bit helps you get closer to your educational aspirations.

You can reach out to our customer support team through the contact information provided on our website, or use our messaging system for assistance.

As long as your educational goals are legitimate and comply with our terms of service, you can create a campaign for a wide range of educational purposes.

Yes, you can edit and update your campaign details, goals, and progress throughout the fundraising period to keep your supporters informed.

Campaigns can typically remain active for as long as you need, but we recommend setting a reasonable timeframe and creating communication campaigns to maintain donor interest.

Each semester after your add/drop date has passed, you can request a withdrawal, and the funds will be transferred to your institution.

For Donors

Financial Aid Frenzy is a platform that allows contributors to support students’ educational fundraising goals by making contributions to their campaigns.

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.

The tax deductibility of your contribution depends on the tax laws in your country. Some contributions to educational causes may be eligible for tax deductions. Consult with a tax professional for specific guidance.

We collect an optional small processing fee (tip) along with contributions to cover operational costs. This fee is transparently displayed during the contribution process.

Yes, you can contribute to as many campaigns as you’d like. Financial Aid Frenzy allows contributors to support multiple students’ educational goals.

Yes, you can set up recurring payments on Financial Aid Frenzy to provide ongoing support to a student’s educational goals. When making a contribution, you will have the option to choose between a one-time donation or recurring donations at monthly intervals.

Absolutely. You can select the amount when making a contribution to a campaign.

The minimum contribution amount is $1. You can find this information on the campaign’s page before making a contribution.

Yes, we prioritize data security. Your personal and financial information is protected using industry-standard encryption and privacy measures.

Yes, you can choose to contribute anonymously if you prefer not to disclose your identity when making a contribution.

Financial Aid Frenzy respects your privacy. Contributor information is typically kept private, but you can choose to display your name or remain anonymous when contributing.

Financial Aid Frenzy ensures that contributions go directly to the student’s educational institution. Campaign creators are typically required to provide updates on their progress, which helps contributors track the impact of their contributions.  There is also a measurement tool on the students campaign so you can also see the progress of the students you have supported.

Yes, you can choose to receive updates from the campaign creators, including progress reports, thank-you notes, and news about their educational journey.

Contributions are typically provided to the campaign creator regardless of whether they meet their goal. Every contribution helps the student get closer to their educational aspirations. However, all funds are paid directly to the students’ institution.  Should the student no longer be enrolled the donor will be contracted to receive a refund (minus any operating fees) or have funds diverted to another student of choice.

You can reach out to our customer support team through the contact information provided on our website for any questions or assistance related to your contribution.