How does crowdfunding help fix the educational crisis?

Education develops the greatest minds that contribute to societal change. Every child has immense potential to bring monumental changes. When equipped with the knowledge, such untapped capability gets unlocked. However, education in India is still at a developing stage. While the government has several initiatives for accessible educational programmes, there is a lack of awareness and resources.

This reduces the exposure of opportunities for aspiring students. But there is a way to overcome this barrier. The power of the masses often gets underestimated, but it is the most impactful. A little contribution from multiple sources makes a difference in empowering underprivileged students to pursue higher education. Most non-profit organisations work toward this cause through a crowdfunding website. They use the funds to:

Create workshops

Most kids struggle to find their true calling. The lack of education hinders their sense of direction. As education is not limited to academics, exploration in different areas is encouraged. This is where interactive workshops and development programmes play a crucial role. NGOs and educational institutes recognise this and use the raised funds to host workshops for career counselling, training, and preparation programmes for higher education.

Build educational infrastructure

The lack of affordable schooling systems is also a reason for poor education. This scenario is slowly changing as schools have become adaptive. Today, you find small entities offering affordable education in remote areas. They have a small set-up to accommodate students in batches. But they still need a decent infrastructure. NGOs resort to crowdfunding in India to raise funds for it.

They use the capital to source essential furniture, blackboard, stationaries, portable toilets, etc. This helps build mini schools in backward areas to bring learning to students who cannot travel to metro cities. 

Fund fees

Besides remote areas, students in suburban cities also struggle to get quality education due to low income. Hence, education donation programmes are also targeted toward them. Such initiatives fund fees and gather resources to help children continue pursuing their education. This decreases the dropout rate for high-potential students. They need not lose out on the right to study because of insufficient finance.

Meet inflating costs

The cost of higher education like degree programmes, PhD, and diplomas is rising. This makes it difficult for aspiring students to realise their dreams. Not to mention the challenge of meeting the additional costs like accommodation, lab fees, stationaries, tuition fees, etc. These expenses burden the working-class parents who struggle to make ends meet. NGOs collectively gather funds to help such families.

Finance specific endeavours

When you use a crowdfunding website, you can customise the funding based on your specific need. NGOs use this feature to categorise the purpose for sports, volunteer trips, creative projects, academics, sourcing resources, etc. Such specificity helps in getting the message across accurately. The donors learn about the intention and usage of the funds this way. Hence, they feel more confident in contributing to the endeavour.

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