Frequently Asked Questions

  • MY RICH AUNT complements but does not replace college emergency funds.

    While emergency grants cover urgent needs, MY RICH AUNT supports non-emergency expenses, such as:

    • Study abroad programs

    • Fees and equipment for extracurriculars

    • Travel for family to attend on-campus events.

    ·Emergency funds can be underused due to lack of awareness and stigma. MY RICH AUNT offers a quick, easy, and shame-free process.

  • MY RICH AUNT complements non-profit-operated micro-grant programs (like HELPS, Achieva Atlanta, and FAST), which focus on emergencies.

  • MY RICH AUNT offers a user-friendly experience like GoFundMe, with the added benefit of allowing donors to make tax deductible peer-to-peer online donations via MY RICH AUNT with the funds designated for and sent to verified students at accredited schools.

  • Following our pilot launch, may expand to include:

    • Retailer partnerships (e.g., Costco or Amazon) for student/dorm apartment wish lists funded by donors.

    • peer-to-peer loan service (such as Solo Funds)

    • Opportunities for grant recipients to “pay-it-forward” through community service or post-graduation donations.