How to Collect Donations to Pay off your Student Loan

There are many ways to receive donations to help pay off your student loans. You can ask friends and family for help, it doesn’t hurt to ask, plus you can show them all the hard work you did in college by showing them your degree.  If you attend church you can talk with your clergyman and see if the both of you can arrange a fund to help pay off your loan.  People are happy to give if they know what the money is going towards.  You can perhaps put a bulletin in the church newsletter explaining your circumstances, or better yet you can always make a little speech during church service that you and your clergyman has agreed upon.  Explain to the congregation what you have majored in, your GPA, any clubs or organizations you belonged to or formed, leadership opportunities, you want to get them interested and want to give a donation to help you.  If you have tasteful pictures from when you attended college you can set up a small photo presentation to gain interest.  Pictures can be very powerful tools to influence people. No wild drinking party pictures unless you belong to a very liberal church! 

Another method of asking for donations is by contacting various charitable organizations.  Lions club is one that comes to mind, you will have to contact them directly and tell them your circumstance.  211 is another good resource for seeking organizations that may help donate money.  When contacting organizations they will most likely want you to write a well written letter explaining your situation in order for the members of the organization to decide if they will give or not. Some require you to attend a couple of their meetings and to introduce yourself in person. 

Create a website and tell your story.  This has become increasingly popular these days. It is called cyber begging.  You simply create a website and tell your circumstance. To do this you want to be as honest as possible.  Do not make anything up, people will notice and could possibly get you in trouble.  At the end of your story you just place a PayPal bottom at the bottom of your page and people can just click it to go directly to your PayPal account to donate. You can also use Chipin if you do not want to use your PayPal account.  There are also commercial websites that will let you post your request for a small fee.  Once such site is Cyberbeg.com.  You pay a small fee and you can post to their board, they will promote your request so that it will be seen by people who are willing to give.