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#1
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Re: Money Money Money..
I'm kind of surprised FIRST agreed to this, but I suppose if there are spots at the event its really no harm to letting you try.
Do you have any sponsors that will float you the fee? As I recall a 'letter of commitment' from a sponsor is considered a valid form of payment. Matt |
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#2
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Re: Money Money Money..
We asked FIRST for permission in case we were able to come up with the fee's involved with going. It's better late than never, and the reason I brought this up on CD is to help get some answer's from some teams who could have possibly been in this situation before, I really do appreciate this advice from everyone I will pass it along to my team.
-1708 |
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#3
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Re: Money Money Money..
FIRST allowed us to attend VCU this past Monday. We just won EI in DC, so the money we had for St. Louis in our account would have been returned ... so we opted for a 2nd regional instead.
Permission from the school, organizing travel, and rearranging my work schedule are all much more difficult to deal with than FIRST is in that regard. Whew! |
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#4
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Re: Money Money Money..
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We were in DC also this year, we made it to the Finals and ended up getting diagnosed with CRio Failure, we have a backup; we are ready fro another regional event were just working on getting the entry fee arranged. Our team account is pretty low, around $1,000. The traveling cost's can be covered by each kid, and end's up being around 300$ per person, which isn't bad at all. Thanks, 1708 Last edited by 1708xMr.Roboto : 30-03-2011 at 19:10. |
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#5
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Re: Money Money Money..
I'm surprised you got in to Philadelphia. We were trying to get into the regional a few weeks ago, but all of the spots were taken.
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#6
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Re: Money Money Money..
yeah, there's like three spot's open as of right now. Hopefully if my team can figure out this money situation, there will only be two after tomorrow.
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#7
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Re: Money Money Money..
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I would recommend charging it on a credit card if you can as it allows for payment down the road especially if you decide to sell light bulbs in the next month with the proceeds going to the payment. Having the students go out to business is great along with giving each of them a target goal so they can understand how much each of them needs to raise in order to go. Good luck! |
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#8
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Re: Money Money Money..
Quote:
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#9
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Re: Money Money Money..
My team in 2007 raised 5000$ in a few days mostly from parents donating (and our teacher who donated 1000$) to go to Atlanta after winning a regional for the first time ever. We managed to get a company to sponsor us 5000$ for travel about a week before the event.
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#10
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Re: Money Money Money..
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Thanks, 1708 |
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#11
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Re: Money Money Money..
Credit card. Although I would say spend your money on offseasons instead.
Immediately after that, work your butts off to pay the mentor back. This is why your team should always be raising money. |
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#12
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Re: Money Money Money..
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I totally agree with this statement, I'm going to see what we can do. That is great advice; thank you. I hope to see you in Philly next week, It would be awesome. -Eddie |
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#13
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Re: Money Money Money..
If you haven't already, you could try the FIRST LED lightbulb fundraiser. The returns on that are over 50%. Now, of course you wouldn't be able to get the lightbulbs in time, but if you floated the fee on a card in the mean time, you could finish the fundraiser after you get back.
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#14
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Re: Money Money Money..
Thanks again everyone for the suggestions, We really apprecviate it.
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#15
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Re: Money Money Money..
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Could you elaborate "Letter of Commitment" please, I'm not sure I understand what exactly that would mean. Thanks a ton, 1708 |
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