• 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 donors who want to help them achieve their educational goals.

We provide students with a platform to create fundraising campaigns for their education. Donors 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 donors.

Yes, it’s completely free to create a fundraising campaign on our platform. We deduct a small processing fee from the donations 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.

Donors 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 donors to support students’ educational fundraising goals by making contributions to their campaigns.

Donating 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 “Donate” button. Follow the instructions to make a secure donation.

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

We deduct a small processing fee from donations to cover operational costs. This fee is transparently displayed during the donation process.

Yes, you can donate to as many campaigns as you’d like. Financial Aid Frenzy allows donors 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 donation, you will have the option to choose between a one-time donation or recurring donations at intervals that suit your preferences, such as monthly or annually.

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

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

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

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

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

Yes, you have the option to leave a supportive message or comment when you make a donation. Many donors find this a great way to encourage and motivate students.

Financial Aid Frenzy ensures that donations go directly to the student or their educational institution. Campaign creators are typically required to provide updates on their progress, which helps donors 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.

Donations are typically provided to the campaign creator regardless of whether they meet their goal. Every donation 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 donation.