Question 1

How are funds provided to students?

Question 2

How much of my donation goes to the students?

Accepted Answer

BoostFundForStudents created an easy process to channel over 97% of your funds to student awardees directly. None of your donated funds are spent on administrative overhead. There is sometimes a 3% fee from the payment processor for online donations, and if so it will be indicated on the donation portal. This is the only shrinkage between your donated amount and getting money into student pockets.

Boost Fund For Students does not handle the donations or retain a platform fee.

Overhead, including this website and the 1% Community Foundation annual administration fee, were prepaid by a generous booster.

When funds are distributed to schools to be  awarded to individual students, that process does not incur additional fees.

Question 3

How do I know that my donation will be spent on an enrolled student not a scammer?

Accepted Answer

Each student's continuing enrollment is verified by the training program/school before the financial aid administrator releases funds to awardees.

Question 4

Why does the donation button go to another site?

Accepted Answer

Funds contributed for student support are collected in the donation portal of our fund administrator, Community Foundation of Western Massachusetts, making them tax deductible where applicable. BoostFundForStudents.com does not take the donated dollars directly. CFWM manages the funds and distributes awards directly to each school for their student awardees.

Question 5

Is my donation tax deductible?

Accepted Answer

Donations go directly to our fund administrator the Community Foundation of Western Massachusetts. They are a 501(c)(3) organization and can provide you with documentation for your donation. Individual situations vary, so speak with an accountant or other tax professional to determine whether it is deductible for you.

Question 6

How is this different than other crowdfunding sites?

Accepted Answer

There are many crowdfunding platforms supporting worthy education projects that make a difference in the lives of the students they support. No matter where you give, we hope you've found a cause that matches your dreams for a better world, and makes you light up with the joy of giving.

Boost Fund For Students works slightly different than other crowdfunding platforms, and the differences provide more transparency and assurance that donations are spent on your intended purpose.

This chart compares Boost Fund For Students with some other popular crowdfunding sites where individuals can also post appeals to fund their schooling costs.

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Your questions answered