Student Aid Investment Terms

Terms & Conditions

Our Terms & Conditions


By using this website (“Site”), registering for a Student Aid Community Account (“Account”), or using any of our other Student Aid Community Services, you ("you, your, or yourself") are agreeing to accept and comply with the terms and conditions of use stated below ("Terms of Use"). You should read the entire Terms of Use carefully before you use this Site or any of the Student Aid Community Services.

As used in this Terms of Use, “Student Aid Community" refers to the community body of volunteers, (No governor body or Directors or regulatory policy) that are willing to help people on there own, including, without limitation, its owners, directors, investors, employees or other related parties. Depending upon the context, "Student Aid Community" may also refer to the services, products, website, content or other materials (collectively, "Student Aid Community Services") provided by Student Aid Community.

The Service operated by Student Aid Community allows its members to invest money, solve various academic challenges and use referral system known as “affiliate program”.

The Service operated by Student Aid Community also allows all registered users of the Service ("Members") to:

1.       Transfer money to other Members.

2.       Use money to invest.

3.       Solves various academic challenges

4.       Access and use the referral system.

Depending on your country of residence, you may not be able to use all the functions of the Site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which you access this Site and Services. As long as you agree to and comply with these Terms of Use, Student Aid Community grants to you a personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service.


By opening an Account, you expressly represent and warrant:

1.       You have accepted these Terms; and

2.       You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Investment.

3.       And you are a student of accredited university, polytechnic, and colleges (school of nurse or technical ) recognized by the federal body of living/ operated from.


The trading of goods and products, real or virtual, as well as virtual business involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your investment at any given moment. Any currency - virtual or not - may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.

Online Investment also has special risks not generally shared with official currencies or goods or commodities in a market. Unlike most non-virtual business, which are backed by governments or other legal entities, or by commodities such as gold or silver, real estate. Our seed (investment) is a unique kind of "fiat" platform, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of seed (investment) in a crisis.

Instead, Our (investment) is an as-yet autonomous and largely unregulated worldwide system of firms and individuals. Traders (investors) put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.

Trading investment is probably susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand relative to supply. For example, confidence might collapse in online investment because of unexpected changes imposed by the software developers or others, a government crackdown, the creation of superior competing alternative platform, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems: if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent any transactions from settling.

There may be additional risks that we have not foreseen or identified in our Terms of Use.

You should carefully assess whether your financial situation and tolerance for risk is suitable for such investment.

We use our banking providers in order to receive client moneys and making payments. Our banking providers DO NOT transfer money, invest money, or provide any services in connection with.


Unless otherwise specified, all Materials on this Site are the property of Student Aid Community and are protected by copyright, trademark and other applicable laws. You may view, print and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational, non-commercial use, provided you keep intact all copyright and other proprietary notices.

The trademarks, service marks and logos of Student Aid Community and others used in this Site ("Trademarks") are the property of Student Aid Community and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to Student Aid Community. The Trademarks and Material should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; any such unauthorised use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.



This Site is for your personal and non-commercial use only. We are vigilant in maintaining the security of our Site and the Service. By registering with us, you agree to provide Student Aid Community with current, accurate, and complete information about yourself as prompted by the registration process, and to keep such information updated. You further agree that you will not use any Account other than your own, or access the Account of any other Member at any time, or assist others in obtaining unauthorised access.

The creation or use of Accounts without obtaining the prior express permission from Student Aid Community will result in the immediate suspension of all said Accounts, as well as all pending purchase/sale offers. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated. Termination is not the exclusive remedy for such a violation, and Student Aid Community may elect to take further action against you.

You also are responsible for maintaining the confidentiality of your Account information, including your password, safeguarding your own Money, and for all activity including Transactions that are posted to your Account. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, or accept termination of your Account. You are required to notify Student Aid Community immediately of any unauthorised use of your Account or password, or any other breach of security by email addressed to Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by Student Aid Community or any user of the Site.

Student Aid Community similarly reserves the right to freeze Ripple accounts in accordance with the new policy announced by Ripple Labs set to take effect September 15, 2014. As explained by Ripple Labs:

The freeze protocol extension gives gateways the ability to (1) globally freeze all their issued funds, or (2) freeze funds issued to a particular user. Frozen funds may only be sent back to the gateway who issued them. The global freeze feature allows a gateway to freeze all balances issued by it. The gateway may still issue payments. Accounts holding frozen balances may return the funds to the gateway. This feature is useful for migrating users from one account to another and to safeguard users in the event of a compromise of the gateway account. The individual freeze is intended primarily for complying with regulatory requirements which may vary from one jurisdiction to another. It also allows gateways to freeze individual accounts issuances in order to investigate suspicious activity. These features allow gateways to better operate in compliance of laws and regulations.

Finally, you agree that you will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking.

The minimum investment is ₦10000.


You may terminate this agreement with Student Aid Community, and close your Account at any time, following settlement of any pending transactions.

You also agree that Student Aid Community may, by giving notice, in its sole discretion terminate your access to the Site and to your Account, including without limitation, our right to: limit, suspend or terminate the service and Members' Accounts, prohibit access to the Site and its content, services and tools, delay or remove hosted content, and take technical and legal steps to keep Members off the Site if we think that they are creating problems or possible legal liabilities, infringing the intellectual property rights of third parties, or acting inconsistently with the letter or spirit of these Terms. Additionally, we may, in appropriate circumstances and at our discretion, suspend or terminate Accounts of Members for any reason, including without limitation: (1) attempts to gain unauthorised access to the Site or another Member's account or providing assistance to others' attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms of Use, (5) failure to pay or fraudulent payment for Transactions, (6) unexpected operational difficulties, or (7) upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by Student Aid Community, acting in its sole discretion.

We expressly reserve the right to cancel and/or terminate Accounts that have not been verified by the Client despite our good faith efforts to contact you seeking such verification (“Unverified Accounts”). All Unverified Accounts which have been inactive for a period of 6 months or more are further subject to transfer to a third-party escrow (the "Unverified Escrow”), and will no longer be maintained or be the legal responsibility of Student Aid Community . The administrator/trustee of the Unverified Escrow shall make any and all additional reasonable efforts required by law to determine and contact each Unverified Account owner and, after suitable effort and time, will donate any residual money in these unclaimed Unverified Accounts to a nonprofit group or groups involved in the investment ecosystem.

The suspension of an Account shall not affect the payment of the commissions due for past Transactions. Upon termination, Members shall communicate a valid bank account to allow for the transfer of any currencies credited to their account. Said bank account shall be held by the Member. Investment may be transferred to a valid bank account only after conversion into a currency. Student Aid Community shall transfer the currencies as soon as possible following the Member's request in the time frames specified by Student Aid Community.

Student Aid Community will send to you the credit balance of your Account, however in circumstances a number of intermediaries may be involved in an international payment and these or the beneficiary bank may deduct charges. We will use reasonable efforts to ensure that such charges are disclosed to you prior to sending your payment, however where they cannot be avoided, you acknowledge that these charges cannot always be calculated in advance, and that you agree to be responsible for such charges.

Upon Account closing, any amount less than ₦1000 in value will not be returned.


All services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available 100% of the time to meet your needs. We will strive to provide you with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.

We will use reasonable endeavours to ensure that the Site can normally be accessed by you in accordance with these Terms of Use. We may suspend use of the Site for maintenance and will make reasonable efforts to give you notice. You acknowledge that this may not be possible in an emergency.


We may provide access to certain parties to access specific data and information through our API (Application Programming Interface) or through widgets. We also may provide widgets for your use to put our data on your Site. You are free to use these in their original unmodified and un-altered state.


Student Aid Community makes no representations whatsoever about any outside or third party website which you may access through the Site. Occasionally, the Student Aid Community website may provide references or links to other websites ("External Websites"). We do not control these External Websites third party sites or any of the content contained therein. You agree that we are in no way responsible or liable for External Websites referenced or linked from the Student Aid Community website, including, but not limited to, website content, policies, failures, promotions, products, opinions, advice, statements, prices, activities and advertisements, services or actions and/or any damages, losses, failures or problems caused by, related to, or arising from those sites. You shall bear all risks associated with the use of such content.

External Websites have separate and independent terms of use and related policies. We request that you review the policies, rules, terms, and regulations of each site that you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.


Email messages sent over the Internet are not secure and Student Aid Community is not responsible for any damages incurred by the result of sending email messages over the Internet. We suggest sending email in encrypted formats; you are welcome to send PGP encrypted emails to us. The instructions and keys to do so are available upon request.



We may share your Personal Information with law enforcement, data protection authorities, government officials, and other authorities when:

    Required by law;

    Compelled by subpoena, court order, or other legal procedure;

    We believe that the disclosure is necessary to prevent physical harm or financial loss;

    Disclosure is necessary to report suspected illegal activity; or

    Disclosure is necessary to investigate violations of our Terms of Use or Privacy Policy.

With respect to Nigerian residents, we also may share your information with other financial institutions as authorized under Section 314(b) of the Nigerian Patriot Act, and with tax authorities, including the Nigerian Internal Revenue Service, pursuant to the Foreign Account Tax Compliance Act ("FATCA"), to the extent that this statute may be determined to apply to Student Aid Community . "Personal Information" refers to information that identifies an individual, such as name, address, e-mail address, trading information, and banking details. “Personal Information” does not include anonymised and/or aggregated data that does not identify a specific user.


We store and process your Personal Information in data centres around the world, wherever Student Aid Community facilities or service providers are located. As such, we may transfer your Personal Information outside of the European Economic Area (“EEA”). Such transfers are undertaken in accordance with our legal and regulatory obligations.


The Terms of Use shall be governed and construed in accordance with English Law. The parties agree to irrevocably submit to the exclusive jurisdiction of the Nigerian Courts.


To the extent permitted by law, Student Aid Community will not be held liable for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss unless the loss suffered arising from negligence or willful deceit or fraud. Nothing in these terms excludes or limits the liability of either party for fraud, death or personal injury caused by its negligence, breach of terms implied by operation of law, or any other liability which may not by law be limited or excluded.

Subject to the foregoing, Student Aid Community's aggregate liability in respect of claims based on events arising out of or in connection with any single Member's use of the Site and/or Service, whether in contract or tort (including negligence) or otherwise, shall in no circumstances exceed the greater of either (a) the total amount held on Account for the Member making a claim less any amount of Commission that may be due and payable in respect of such Account; or (b) 125% of the amount of the Transaction(s) that are the subject of the claim less any amount of Commission that may be due and payable in respect of such Transaction(s).


To the full extent permitted by applicable law, you hereby agree to indemnify Student Aid Community, and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of Student Aid Community's Sites, your use of the Service, or from your violation of these Terms of Use.


If we are unable to perform the Services outlined in the Terms of Use due to factors beyond our control including but not limited to an event of Force Majeure, change of law or change in sanctions policy we will not have any liability to you with respect to the Services provided under this agreement and for a time period coincident with the event.


Student Aid Community reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of a notice of changes to the Terms signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms.


Account. The contractual arrangement wherein a Student Aid Community Member has accepted our Terms of Use and Privacy Policy, and received approval to use the Student Aid Community Services, including the Deposit and withdraw of Funds and to perform associated Transactions.

Investment. Is an asset or item acquired with the goal of generating income or appreciation at

Investor(s). Member(s) that are submitting an offer to invest through the Service.

Commission. Refers to the fee which is payable to Student Aid Community on each Transaction, such as a Deposit and Withdrawal Transaction.

Member(s). Investors as well as any holder of an Account.

Personal Information. Information that identifies an individual, such as name, address, e-mail address, trading information, and banking details. “Personal Information” does not include anonymised and/or aggregated data that does not identify a specific user.

Price. The "price " for which Members are willing to Invest,, using the Service in a Deposit Transaction. The Price may be expressed in any of the currencies deposited by Members in their Account and supported by the Service. See our Site for a full list of currencies.

Seller(s). Member(s) that are submitting an offer to sell Bitcoins through the Service.

Service(s). The technological platform, functional rules and market managed by Student Aid Community . to permit Investors to perform Investment.

Transaction. Includes the following:

Student Aid Community may not offer all of these types of transactions at this time or in all places.

Transaction Price. The total price paid by the Investor in respect of each Transaction performed through the Service.


If you have any questions relating to these Terms of Use, your rights and obligations arising from these Terms and/or your use of the Site and the Service, your Account, or any other matter, please contact