How 12,000 Aussies kept the nation's Olympic dreams alive

It comes as more and more Aussie Olympic hopefuls turned to crowdfunding in the lead up to the Paris games.

"The reality is I still need to keep a roof over my head and manage my bills at home," Olympic boxer Tiana Echegaray said.

"Although boxing has been described as the loneliest sport, the truth is I wouldn't be here without those in my corner already," she said.

Crowdfunding site GoFundMe said $1.1 million had been raised over seven years to support Aussie Olympians.

Almost 12,000 donors helped to pay the costs associated with competing and qualifying in the Paris Games.

Olympians could expect a payment of $20,000 after winning a gold medal, $15,000 after a silver and $10,000 after a bronze through the Medal Incentive Funding scheme.

Marissa Williamson, the first Aboriginal woman to qualify for the Australian boxing team, said "athletes such as myself rely on the generosity and support of sponsors and donations to compete and achieve at the highest level".

The crowdfunding site said parents and families of the Australian Olympic squad were also fundraising to join their champion children in Europe.

"Each athlete's path to greatness is unique - from navigating long journeys from regional Australia to training camps, or managing full-time employment on top of their demanding schedules," GoFundMe Australia regional director Nicola Britton said.

"We are excited to back these same athletes to the next Olympics in LA, and eventually on home soil in Brisbane 2032."

The 2024 Paris Olympics run from July 26 to August 11.