1. Introduction
Welcome to FundMyScholar.com. By accessing and using our website, you agree to comply with and be bound by the following terms and conditions. Please review these terms carefully. If you do not agree to these terms, please refrain from using this website.
2. Eligibility
To use FundMyScholar.com, you must be at least 18 years of age or have the consent of a parent or guardian if you are under 18 years old. By using this site, you represent and warrant that you meet these eligibility requirements.
3. User Responsibilities
Users are responsible for providing accurate and complete information when creating campaigns, making donations, and completing any forms on FundMyScholar.com. Users agree not to use the site for any unlawful purpose, or any purpose prohibited by these terms.
4. Campaign Management
FundMyScholar.com will help you manage your crowdfunding campaign from start to finish. Users are encouraged to actively promote their campaigns by sharing the provided links with family, friends, and the community.
5. Fees
FundMyScholar.com is free to register for all users. A 10% campaign management fee is applied to the total amount raised at the end of each campaign to support operational expenses, website maintenance, and ongoing feature improvements. Additionally, there is a 3.5% InstaRaise platform fee charged by InstaRaise. FundMyScholar will use optional tips from donors to help offset this platform fee and maximize the funds that go directly to the scholar.
6. Disbursement of Funds
Funds raised will be disbursed to the scholar (over 18 years of age) or to the parent/guardian (for scholars under 18 years of age). Fund disbursement will occur after the successful completion of each campaign.
7. Security
FundMyScholar.com prioritizes the safety and security of all transactions. All donations are processed securely through our partnership with InstaRaise.com. Users are responsible for maintaining the confidentiality of their account information.
8. Privacy Policy
FundMyScholar.com respects your privacy. Our Privacy Policy explains how we collect, use, and protect your information. By using our website, you consent to our Privacy Policy.
9. Modifications to Terms
FundMyScholar.com reserves the right to modify these terms at any time. Changes will be effective immediately upon posting on the website. Your continued use of the site constitutes your acceptance of any revised terms.
10. Contact Information
For any questions or concerns about these terms, please contact FundMyScholar Inc. at support@fundmyscholar.com.
11. Campaign Promotion and Social Media Terms
By using FundMyScholar.com, parents and scholars agree to have their active fundraising campaigns featured on the FundMyScholar.com website and shared across our social media platforms. This promotion aims to boost the visibility of each scholar's campaigns within our community of supporters, increasing the potential for fundraising success. Scholars consent to the sharing of their campaign details, including personal stories, images, goals, and progress updates.