Official Rules

Student Debt Collective Monthly Student‑Loan Payment Giveaway

NO PURCHASE NECESSARY.  VOID WHERE PROHIBITED.

  1. Sponsor. StudentDebtCollective.com (“Sponsor”).
  2. Eligibility. Open to legal residents of the fifty (50) United States & D.C., 18 years or older, who currently hold student‑loan debt or are the legal guardian of a borrower. Employees, contractors, or agents of Sponsor are not eligible.
  3. Entry Period. 12:00 a.m. Eastern Time (“ET”) on the first calendar day of each month through 11:59 p.m. ET on the last calendar day of that same month (“Entry Period”).
  4. How to Enter.

    During the Entry Period an eligible individual may obtain entries as follows:

    1. Required Action — 1 entry (carry‑over):
      1. Follow at least one official Student Debt Collective account on Instagram, TikTok, X (formerly Twitter), or Facebook and
      2. Like the current month’s pinned giveaway post on the same network.

      Completion of the Required Action grants one (1) entry and remains valid for all future monthly drawings, provided the entrant continues to follow at least one Sponsor account and remains otherwise eligible.

    2. Bonus Actions — reset monthly:
      1. Tag up to ten (10) friends in separate comments on the pinned giveaway post — 1 extra entry per tag.
      2. Share (Facebook/Instagram Story) or Repost/Retweet (TikTok/X) the pinned giveaway post and include “@StudentDebtCollective #SDCGiveaway” — 5 extra entries.
    3. Email Alternative — 1 entry: Email the subject line “Entry – [month/year]” and your primary social‑media handle to rules@studentdebtcollective.com during the Entry Period.

    Bonus entries are counted only for the month in which they were earned. Entrants must comply with platform Terms of Service; do not tag accounts without permission.

  5. Carry‑Over Rule. Entrants who have completed the Required Action continue to participate in every subsequent monthly drawing unless they unfollow Sponsor or become ineligible. Bonus actions must be completed again each month to count for that month.
  6. Winner Selection & Odds. At approximately 8:00 p.m. ET on the 1st calendar day immediately following the Entry Period, Sponsor will compile all eligible entries in a master spreadsheet and conduct a random drawing using the Google Sheets function =RANDBETWEEN(). Odds of winning depend on the total number of eligible entries received.
  7. Prize. One (1) winner will have a dedicated GoFundMe® campaign created in their name to raise funds toward their student‑loan balance.
    • Sponsor will make an initial seed contribution of up to $500 to launch the campaign.
    • There is no upper limit on funds that may be raised; final proceeds depend solely on voluntary public contributions (ARV: $0–Unlimited).
    • All campaign proceeds, less GoFundMe fees, will be remitted directly to the winner’s loan servicer or reimbursed to winner upon proof of payment, at Sponsor’s discretion.
    • Winner is responsible for any federal, state, or local taxes associated with funds received.
  8. Publicity & Livestream Requirement. As a condition of accepting the prize, winner agrees to: (a) participate in a recorded livestream or video interview with Sponsor within ten (10) days of notification, discussing their student‑debt journey; and (b) allow Sponsor to use winner’s first name, last initial, likeness, voice, interview footage, social‑media handles, and statements for promotional purposes, worldwide and in perpetuity, without additional compensation. Refusal will result in forfeiture and selection of an alternate winner.
  9. Winner Notification. Sponsor will attempt to contact the potential winner via direct message on the platform through which the Required Action was completed and/or via email (if provided). Potential winner must respond within five (5) days and complete all requested verification steps; otherwise, an alternate winner may be selected.
  10. Platform Disclaimer. This promotion is not sponsored, endorsed, administered by, or associated with Instagram, Facebook, TikTok, or X (Twitter). Participants release all such platforms from any liability related to this promotion.
  11. General Conditions. Sponsor reserves the right to disqualify any individual it finds to be tampering with the entry process or acting in violation of these Official Rules or applicable platform terms. Sponsor may cancel, suspend, or modify the promotion if fraud, technical failures, or any other factor impairs the integrity of the promotion as determined by Sponsor, in its sole discretion.

Questions?  Email rules@studentdebtcollective.com.