GoFundMe to Award $100,000 in College Scholarships
Posted: September 23, 2016
REDWOOD CITY, Calif. — GoFundMe, the world’s largest social fundraising platform, announced the GoFundMe Scholarship, which will give away $100,000 toward college tuition. Ten college or postgraduate students will be awarded $10,000 each to help pay for their education. To qualify for the chance to win the scholarship, an existing or newly created GoFundMe campaign must have the hashtag #GFMScholarship in the campaign description and raise money from at least ten unique donors.
Over the past several years, students, teachers, and parents are increasingly turning to GoFundMe to raise money for education expenses, including tuition. In fact, in the last two years, over $100 million has been raised on GoFundMe for education related campaigns, making it the fastest growing category on the platform. Every month, college campaigns raise more than $1.5 million on GoFundMe, with the average campaign raising nearly $2,000. In just the last 12 months, $20 million has been raised for college tuition on GoFundMe. With the average college graduate in 2016 facing $37,172 in student loan debt—up 6% from last year—the need is clear.
“Keeping Kyare at Morehouse” is one recent campaign that shows how GoFundMe is making a difference for students in need of financial assistance. After his first year at Morehouse College, DC native Kyare was named the most outstanding student in his engineering program. But short-term financial difficulties nearly brought his college career to a halt, until his community helped raise over $15k in less than a month.
“We know there are countless students out there who need help with the rising costs of college,” said GoFundMe CEO Rob Solomon. “At GoFundMe, we see incredible stories every single day of communities coming together to make sure students get the education they deserve. With the GoFundMe Scholarship, we hope to make these inspiring students’ educational dreams come true.”
How Do Campaigns Qualify?
Step 1: Create a new GoFundMe campaign or update an existing campaign using the hashtag #GFMScholarship in the campaign description between September 21 and September 28.
Step 2: Also in the campaign description, tell the GoFundMe community why the student should receive a $10,000 grant for their college tuition.
Step 3: Share the campaign on social media and raise money from ten unique donors.
Campaigns are eligible for the $10,000 scholarship if they are created by or for an undergraduate or graduate student at an accredited college or university in the United States. Eligible campaigns can be created by students, family members, friends, professors, or anyone who knows a student in need. Eligible campaigns must raise money from 10 unique donors.
How Are the Scholarships Selected?
If your campaign is eligible, it will be reviewed by GoFundMe. The ten campaigns will be selected by a GoFundMe selection committee and announced in October.
About GoFundMe
Launched in 2010, GoFundMe is the world’s largest social fundraising platform, with over $2 billion raised so far. With a community of more than 25 million donors, GoFundMe is changing the way the world gives.
Contact: GoFundMe Press | press@gofundme.com
Discuss This Article
GET TOP STORIES DELIVERED WEEKLY
FOLLOW OUR NEWSPAPER
LATEST THE CRITIC NEWS
RECENT THE CRITIC CLASSIFIEDS
OUTSIDE THE LINES
- Salonpas® Brand Stands the Test of Time
- Tips to “Yard Your Way” This Spring
- Upgraded Upstate Power Grid Will Deliver a Smarter,...
- A Story To Sing About
- The Gap in Gum Care: Why Caring For Your Teeth’s F...
- Top Tips for Signature Scents and Better-Smelling Laundry
- A Dog Trainer’s Top Tips to Support Pets Through Life S...
- Clear the Air of Indoor Pollutants This Spring
- Stroke & Dementia in Black Men: Tips for Staying Healthy...
- Hispanics and African Americans at Higher Risk for Eye...
FROM AROUND THE WEB
- New Expo Showcases AI Innovation
- Self-Care and Mental Health Tips for Caregivers
- Adventure Awaits: Discover the Playset that Brings...
- Need Auto Glass Repair? Don’t Despair
- Pioneering Fast and Affordable Broadband for the Underserved
- 7 Reasons Renting an RV Should Be On Every Family’s S...
- Don’t Let Diabetes Shortchange Your Golden Years
- No Child is Forgotten By Marine Toys for Tots
- Sweeten Your Springtime Salads With Healthy Chilean Grapes
- Young Author Translates 4,000-Year-Old Text to Reveal...
COLLEGE PRESS RELEASES
- Guidenar Launches New Career Test for Gen Z
- GotIt! Education Offers MathGPT Free to All State & Community Colleges
- Shoff Promotions Comic Book & Sports Card Show
- Semiconductor Research Corp unveils 2024 Research Call, $13.8M Funding
- Charles River Associates Opens Second Scholarship Cycle, Expands to the UK