The 6-foot, 200-pound outside linebacker had several college scholarship offers but chose the Sooners in June.
Fineberg, who graduated from the University of Houston-Downtown, received donations from posters on the Sooner fan Web site, OUInsider.com, and used "HermanMitchellOUSooners.pledgepage.org” as his Web address. He said he expected to raise at least $10,000, which would've covered the costs of Mitchell's funeral.
Fineberg said since he's been asked to stop raising money, he's had to turn down donation offers from Houston's Heisman Trophy winner, Andre Ware, and a player from the NFL's Houston Texans.
"I understand that rules shouldn't be broken,” said Fineberg. "But I don't understand this rule.”
Last month, the NCAA imposed sanctions on OU after an investigation revealed that three football players, including starting quarterback Rhett Bomar, had received payment for work they had not done at Big Red Sports and Imports, a Norman car dealership.
"I'm trying to do the right thing,” Fineberg said. "But I don't want to put the university in trouble.”
Now, Fineberg is working OU's compliance office to figure out what to do with the money.
If Fineberg doesn't refund his donors, he might be able to give it to the Texas High School Coaches Association benevolence fund, which Fineberg said already gave $3,000 to Mitchell's family for funeral expenses.
But Fineberg's money would go to a general fund and not to Mitchell's family.
The other option being discussed is creating a scholarship in Mitchell's name in cooperation with the OU club of Houston.
But first, Fineberg's donors would have to agree with how their money is used. And in either scenario, the money wouldn't reach Mitchell's family.
"The plan was for it all to go to his family with no stipulations,” said Fineberg, who originally was going to collect funds until Oct. 1, then present the money to the Mitchell family on Oct. 5. "Now, they won't get it, just because Herman had a younger brother.
"And that's unfortunate.”