Tag: Best websites for Crowdfunding for education

Crowdfunding for Education

9 Websites for Successful Crowdfunding for Education

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Education is considered as the easy way to success in the 21st century. A graduate degree is just considered useless. It is the minimum requirement today. Unless you are Mark Zuckerberg of course! At least a post grad or a doctorate is required for a successful academic career. But the sad reality is that as the need for education is increasing, the price of education is increasing. It is almost impossible for a common student to get a degree from a good college. Here is where crowdfunding for education comes to your rescue.

Crowdfunding for education is the best way out for a regular student. Because not all students can grab a scholarship, right? Here are a few websites for successful crowdfunding for education.

#Adopt-A-Classroom

Adopt-A-Classroom is a unique website for crowdfunding for education. With this website, the donors can choose any classroom to donate to. Or if they don’t have a specific preference, the website itself chooses a class for the donor.

#ZeroBound

ZeroBound works on voluntary donations for education loans, etc. Different volunteers, organizations, etc. donate for crowdfunding for education. Also, the website has nominal fees. They 2.9% processing fee and $0.30 transaction fee on all transactions. Additionally, they even charge 5% service fee from the successful projects. And 8% service fee if the project does not reach the goal.

#Indiegogo

Indiegogo is an international crowdfunding website. It mainly works with reward-based and donation crowdfunding campaigns. Additionally, they even support crowdfunding for education. The fees range from 4-9% of the amount. Also, the charge some 3% processing fees and $25 wire fee for non-US campaigns.

#CrowdfundEdu

CrowdfundEdu is a website for crowdfunding for education. It was launched just this year. Yet, its success has made it feature on ABC,CBS, and Fox News. The site supports all types of education crowdfunding projects. Whether a student needs funds for tuition fees or admission or anything else. Students can use this website as a platform.

#ScholarMatch

ScholarMatch has a slightly different concept for crowdfunding for education. The donors collaborate with various organizational institutes. Then they filter the ambitious and hardworking students. And provide scholarships for their education.

#DonorsChoose

This website was founded in 2000 when crowdfunding was not even a popular term. This website allows public school teachers to post their fund requirements. And their donors like Oprah Winfrey and Stephen Colbert make sure to fulfill their requirements.

#YouCaring

YouCaring is a website for crowdfunding for education. This website does not charge any processing fees at all. However, you only need to pay the credit card processing fees. This website completely works on donations.

#Piglt

Piglt is a website for crowdfunding for education which allows individuals to raise funds for their education. The website allows individuals to post projects. Their various donors spare some amount for these projects. If the project becomes successful, the website charges a fee of 5%. Otherwise, it charges a service fee of 8%.

#IncitED

IncitED is a website just for crowdfunding for education. The creators believe that non-specific websites have no future. Thus, they have dedicated themselves to educational crowdfunding.

Fund your Education: Use Crowdfunding for Education

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Crowdfunding for education has become the rescuer for many students in the recent time. More and more students are turning to it for funding their education. When students are unable to arrange funds for their studies they take help of crowdfunding for education. They collect funds from some local communities or maybe online groups. But is crowdfunding for education actually worth it? Should you bank upon it for your higher studies?

Well the answer to these questions is certainly yes. Though you can rely upon crowdfunding for education. But there are some snags you need to take care of. Here are some things which can guide you through it.

Should you really go for it?

Ask yourself these questions before you start your campaign.

#Is it the only alternative?

Crowdfunding is usually not the only fund raising option. You can get scholarships. You can opt for a cheaper university. Or you can take a job to fund yourself. Make sure this is the last option you are taking. Don’t rush into crowdfunding unless and until mandatory.

#Is you career worth it?

Crowdfunding for education usually works on donation based crowdfunding. People from your localities or social group may contribute to your education. But they will do so only if you have a rewarding career ahead. If your career choice does no or little good to the society, people might not wish to contribute.

How to start crowdfunding for education?

Once you make your decision, here are some things which would help your campaign.

#Research is the key!

Before jumping to your campaign, you need to do a lot of research. Study the previously held crowdfunding campaigns for education. Pick up the details. The pluses, the minuses, everything! Learn from these and then begin your campaign.

#Promise some Rewards!

Rewards in case of crowdfunding for education can be a tad bit tricky. It isn’t like businesses. You cannot provide goods or services on hand. You are a student duh! But yes. There is one thing you can do. It is quite simple. You can promise your investors some future rewards. Say you are crowdfunding to become a doctor. Then you can promise free regular checkups to your investors once who you have your degree. But remember! Be careful with what you promise. Don’t make it too much. Or too less. And remember to stick to it after you are done with your studies.

#Target your social groups and communities!

The people from your own groups or communities are more likely to help you. Because they can easily connect to you. They can know if their money is being put into good use. And if you are promising some service rewards, they can even benefit from it.

#Answer all the WHs

Whether it is a dollar or 1000, people need some answers about where there money is going. Answer the what, why, where, how and when even with crowdfunding for education. This way you can win their trust easily!