What Does Feenix Cover?

feenix

Feenix is an online fundraising platform which allows students to fund their studies. Keep reading to find out what their funding covers. 

Feenix helps students to avoid the accumulation of debt which brings about issues while they're pursuing their studies. They encourage you to access your community and work together to achieve students goals. 

Feenix provides you with an opportunity to communicate with funders to support you and network so that they can invest in your future. These donations from various people as students raise funds is called crowdfunding, however you may be wondering what this would cover. 

Feenix has stated that students may only use the platform to raise funds for the items listed on their university fee statement.

So if your fee statement includes tuition, accommodation, book allowances and meal allowances for example, depending on what your university places on you fee statement, you may raise funds for this on the Feenix platform. 

These funds will be paid out to your university twice a year and any excess funds will be reallocated to students who have not yet reached their fundraising goals or will be put towards the Feenix Pool Fund. 

Feenix does not pay out any funds raised directly to students. 

You need to be registered already to create a profile on the Feenix platform so you can fundraise towards your outstanding debt.

How To Create A Profile With Feenix

  1. Go to the Feenix website.
  2. Click on 'MENU' in the top right corner
  3. Click on 'REGISTER
  4. Follow the prompts
  5. Upload your fee statement, a certified copy of your ID and a profile picture.
  6. You will also have to share an inspirational story about yourself which will help motivate people to donate to help you pay your fees

Once you have registered you can start raising funds. 

Feenix is a part of many success stories and has encouraged many to be motivated and make a difference in South Africa. Through donations as well as a passion for education, Feenix has helped over a thousand people pursue their dreams in higher education.

For more information on how to apply for Feenix, click here.

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