FanPay Rewards Student Athletes with a Crowdfunded Graduation Gift

By: Alyson Wyers - Apr 1, 2015
References: fanpay.org & springwise
This crowdfunding site lets fans pool their resources to buy their favorite college athletes a graduation gift. In this way, FanPay also acts as an incentive for student athletes to finish school by rewarding their performance both in and out of class.

Even though many promising sportsmen receive scholarships, balancing their work load with extracurricular commitments can be extremely challenging, especially since their amateur status prevents them from being paid in any capacity.

FanPay enables sports fans to help out be pledging funds to incentivize their performance with a graduation gift. This also works to improve the rate of graduation among such athletes. Users simply use the database to search for a player to make a contribution. Athletes can only receive it if they graduate, otherwise it is returned to the donor.