It is smart to evaluate an organization before making a donation via the internet, or any other place. Many savvy internet users check out charities on a website called charitynavigator.org . It’s a smart thing to do.  Is the StudentLoanList on charitynavigator ?  No, because the StudentLoanList is not registered as a 501(c)  a non profit organization.

Monies recieved via the StudentLoanList will go directly to make a payment on one of our registered students student loan accounts. We do subtract a very small handling fee for credit card transactions, which the students pay. Donations made by check do not incur a handling fee at all and 100% of the money will be paid to the student loan account.

Donors may have questions about the StudentLoanList, and using some information on how to evaluate a charity - borrowed from charitynavigator- here are some questions and answers.

What are the program expenses ? In other words – how much of the donation actually goes to the intended cause ?  If paid by credit card 94%,  if paid by check 100%.

What is the executive pay?  So far nothing !  At some point pay for office staff will come from the $10. sign up fee paid by the students and whatever portion of the 6% credit card processing fee is left after pay pal takes it cut.

Is the program you are supporting with your donations growing?  Yes, it is

Is the website accountable and transparent ? Yes. Donations are listed on the expanded profiles of the students, and the manager/owner of the StudentLoanList is easy to contact.

Donor Privacy - Is there a donor privacy policy ?   Yes, there is a privacy policy in place.

Is there a demand for the services ?  Yes. There are 37 million student loan borrowers and 27%  are in a past due status. Student loan debt in the United States exceeds credit card debt and over a trillion dollars  is owed on student loans.

If you would like to make a donation toward the operating expenses of the StudentLoanList, please click on the PayPal button. Any and all donations are greatly appreciated. While our operating expenses are minimal, they do add up over time. Thank you.