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Colleges, universities, and nonprofit organizations handle hundreds or thousands of scholarship applications per year, which means administrators must develop efficient processes for gathering, reviewing, and making decisions on scholarship applications. Scholarship coordinators, who are responsible for awarding limited pools of scholarship money, must ensure that their processes attract a robust pool of qualified applicants and identify the recipients who most deserve the funding. Scholarship management software provides a streamlined way for education administrators to manage their scholarship programs. Digitizing scholarship applications with user-friendly software can make the process simpler and more accessible for both students and reviewers, ultimately resulting in a fairer and more efficient system.

Key Benefits of Scholarship Management Software

• Offers user-friendly, clear application processes for applicants
• Automates repetitive administrative tasks
• Simplifies and streamlines the review process for application evaluators
• Improves matching of qualified applicants to scholarships

Simplifies and clarifies the scholarship application process — Using scholarship management software, scholarship administrators can customize application forms according to their needs. Officials can design applications that incorporate workflow with conditional logic, so the questions change dynamically, depending on the applicant’s answers. Colleges and universities can use portals that incorporate the institution’s branding to provide a sense of continuity with the rest of the institution’s assets. Email notifications and personalized applicant portals keep applicants informed about the status of their application. The result is a more accessible process and a better experience for applicants, which should reflect positively on the institution’s reputation.

Automates administrative tasks — Manual scholarship application processes can be cumbersome, requiring administrators to manage paper forms, send out reminders to reviewers, and manually contact applicants to ask questions and communicate decisions. With scholarship management software, many of those functions are automated as paperless applications are automatically passed to the right people. Automated notifications keep both applicants and decision-makers informed.

Makes review process more efficient — Instead of having to collect and manage hundreds or thousands of paper forms, administrators and reviewers who use scholarship management software have all of their records stored digitally in one place. Cloud storage means reviewers can access and review application materials no matter where they are, and automated notifications ensure each applicant, reviewer, or administrator knows when their input is needed. The improved efficiency can lead to quicker decisions on applicants and more time for staff to work on other projects.

Improves scholarship matching — Digitizing the scholarship process means that valuable scholarship opportunities can be opened up to more applicants, since the applications can be distributed via modern channels like email or social media and filled out from anywhere. Some scholarship tools include a database function that allows students to search for scholarships and filter by different eligibility criteria, helping them find scholarships that are a closer match to their unique needs and interests.

Scholarship management software can be used by any organization that distributes scholarship funding, including colleges and universities, nonprofit organizations, and private K-12 schools. Within those organizations, here are some people that are most likely to be using different aspects of the software.

Applicants — Scholarship applicants may fill out forms generated by scholarship management software, attach letters of recommendation and other files, and check an applicant portal to review updates on the status of their application.

Scholarship coordinators and administrators — Officials who are in charge of managing scholarship programs use these tools to run the process from start to finish. They can design the application form, set up the review workflow, assign reviewers to applications, and configure other aspects of the software to meet the institution’s needs. Administrators can use analytics functions in scholarship management software to generate dashboards that display key metrics on a single screen.

Scholarship reviewers — For people tasked with reviewing and making recommendations or decisions on scholarship applications, scholarship management software can offer a streamlined way to evaluate applicants’ credentials. Many products come with reviewer portals that allow reviewers to see the prospect’s application side-by-side with scoring and commenting functions. The software can also send automated notifications helping reviewers stay informed about where applications are in the process.