THE NDF SCHOLARSHIP PROGRAM – Giving LITTLE ones a BIG help
Education is the most powerful weapon which you can use to change the world. This allows those from marginalised families to build a life and get out of the vicious cycle of poverty. This crowdfunding initiative of mine is a campaign that is being done by me and my fellow students at the school to raise funds, that will help educate brilliant students who come from economically stressed families. This gift of education will help them build careers and get them out of the vicious circle of poverty that has plagued their families for generations.
My aim is to raise 20000 INR to fund the education of 2 children for an entire year. I am doing this with the Nargis Dutt Foundation (NDF) which has been running their program now for over 5-years and has already impacted over 500 students (90% are from the city of Mumbai).
These funds are used to educate daughters and sons of drivers, maids, daily wage labor etc and thus transform their lives. The focus is on educating them from the 1st to the 12th grades. There is a separate program for a college education.
The team at NDF believe that education is the key to empowerment. This impacts both meritorious girls and boys from financially stressed families. The fees for their schools are typically around INR 20,000 per annum. The program funds approximately 50% of the fees and the rest comes from the parents. The team at NDF believes that there needs to be a commitment from the parents also to ensure there is a focus on their child’s education.
Every year they support 150 students with their school fees. Complete due diligence is done from their end w.r.t. to meet the child, the family, and documentation. They take an application letter, ration card, school fees structure, electricity bill, and results. (Read the details below to see their compliance process). The funds are always given to the school directly.
Any additional funds I raise with your help will be used to fund more children or the same child for a longer duration of time. So if I raise 40000 INR I can fund the education of these two children for two years instead of one year. That will be so cool.
ABOUT THE PROGRAM:
- NDF screens talented kids
- Checks their economic situation (due diligence done).
- Ratifies facts with the school they are studying at.
- Ensures that parents fund 40 to 50% of fees.
- NDF will fund the balance.
- Monitors performance and progress of the child.
- Shares report cards with funders.
ABOUT ME AND THE CAMPAIGN:
My name is Akshat and I am in Grade 11 at the Jamnabai Narsee International School at Vile Parle (W), Mumbai. My hobbies are watching movies, badminton and listening to music.
I have undertaken this campaign because I think the gift of education is the key to opening any gift. And I want to gift education to a student who is performing excellently well despite economic and other hindersnces. These students are genuinely passionate about education and this passion is what Gives me the confidence that a little donation to them will go a long way. Now many people think education is an expensive commodity however no I believe it's a relatively cheap necessity. Only a small amount of 20,000 INR can find a students education for two years. Imagine how much we can contribute to their lives if we manage to collect more money.
Getting a good education will definitely transform their lives and the lives of their families. Many of their parents cannot even read and write. It is said that education is the solution to many of the world problems eg;: poverty, we dream about having a world without poverty and suffering well this is a true opportunity to work towards that dream. Please support my campaign and let us together bring light into the lives of these fellow students. So this Christmas gift students the essential gift of education.
NARGIS DUTT FOUNDATION
Based out of Bandra in Mumbai they are a non-profit organisation that has been doing exemplary work in the field of health, education, rural development and during national calamities. The Nargis Dutt Foundation has come a long way since its first chapter in New York in 1981 and has today spread across several countries. Although promoting cancer healthcare remains our core value, we have also diversified into supporting many causes in Education, Health and Social Awareness. Sensing a need to bring about awareness in the areas of student suicides, general healthcare, the elderly and the importance of platelets, we have conducted several campaigns across Mumbai in association with various schools, colleges and NGO’s.
HOW YOU CAN HELP
We are raising fund to educate bright children from needy homes. Once the campaign ends we will post an update to keep you & the funders abreast of the beneficiaries. Feedback will be given as a report with pictures and a fact sheet about the students who got the scholarship.
This campaign had 80G tax benefits for all Indian funders. This campaign does not accept funds from holders of foreign passports.
FEEDBACK THAT YOU GET
To ensure that there is complete transparency the team at NDF will post feedback about 2 -3 months after the campaign gets over telling us which student has got the scholarship. This takes some time as they need to screen candidates and allocate them to me. The details will then be posted on the UPDATES section of my campaign and will be in a format like the one below. As soon as I post an update, the platform will send an SMS and EMAIL alert to you. Click on the link on the email and you can read about which child benefitted. That's transparent right.
Sharing an example of the FEEDBACK FORMAT that we will be given to all my funders.
You will also get a report card like the one below at the end of the term of the student.
Will we get to know details of the students who benefitted?
Yes. After the money has been collected it will be transferred by Fueladream to NARGIS DUTT FOUNDATION. It will take from 30 to 90 days after that to get details of who the beneficiary was with details of them. Once I get this information from them I shall upload this on the UPDATES section of this campaign. You will then get an alert and can read details about the beneficiaries. The report card will be given only at the end of the school year/ term and will be posted as an update.
What are the crowdfunding charges ?
There is a payment gateway fee of 3% (for both the Indian and foreign gateway). Fueladream charges 9% as crowdfunding charges. There is a GST component of 2.16%. There is also an initial fee of 3000 INR which is being waived for us. With all this, the funds we need to support one student for a entire year and give them a scholarship is still only INR 10000.
When do I get the receipts?
It takes up to 2-3 weeks after the campaign is closed for the monies to be transferred to NARGIS DUTT FOUNDATION. The receipts will start getting processed about 4 to 6 weeks AFTER the campaign is closed and will be sent to you directly.
How does crowdfunding work?
Crowdfunding in India is a relatively new concept & is growing very quickly.
It’s a concept that allows a large number of funders (like you) to fund an Idea or a cause or event by giving small amounts of money online. Fueladream.com is a crowdfunding platform in India that allows for such a pooling of funds. You can fund innovations & ideas on FuelADream and be the first to get these products or make them come true. You can also do a good turn by funding charities and causes through crowdfunding. When you fund a charity it’s more like a donation & you get small innovative rewards like a shout-out on an FB page or a thank you email from the beneficiaries