With SmarterSelect’s Awards feature, program managers can create funds, assign awards, and send notification emails to selected candidates. You can
Create funds and assign award amounts to applicants for scholarships and grants.
When it comes to creating scholarship funds and assigning awards, SmarterSelect makes the process simple and efficient. With our easy-to-use platform, you can create scholarship funds ahead of time, and then assign awards to deserving recipients when the time comes.
You’ll start by providing SmarterSelect with a fund name, description, logo, and starting balance of the fund. From there, you can customize your application to collect the information you need from applicants, and our easy-to-use selection tools make it easy to identify the most qualified candidates.
When it’s time to assign your awards, the admin of your scholarship program can quickly select the recipient applications from the applicant’s table, click a button to “Assign Award,” add in award amounts and any necessary notes, and voila! With a few clicks, your funds will be awarded to the intended parties.
Track amounts awarded and fund amount remaining.
It’s never been easier to track the amounts of money awarded to recipients and the funds remaining in your program fund. Thanks to SmarterSelect, once you have chosen recipients for your program to receive an award, the process is as simple as click, award, and track!
Your program manager decides the amount that will be awarded to each recipient, and once those funds are authorized, SmarterSelect will show you how much money is left in the fund based on the starting balance and the awards already assigned. The current balance item will help you keep track of the precise amount of money remaining for you to distribute.
Export the applicant awards information to a spreadsheet for your finance organization for fund distribution payments to universities and other institutions. Perhaps using SmarterSelect’s SendGrant product.
Never again will you have to worry about overdrawing your funds, or whether you have enough left to distribute to your deserving recipients! Get a Free Demo and you’ll see that SmarterSelect has your back every step of the process.
Send emails notifying applicants of their awards with links for award acceptance.
SmarterSelect is excited to offer program managers a solution that will help simplify the award management process for organizations. Our software provides an easy way to track awarded amounts, ensure that all payments are made in a timely manner, and track the fund amount remaining.
With a single click, program administrators can deploy notification emails to recipients using SmarterSelect. Award amounts are decided by each program’s manager, and the current balance and remaining amount will be calculated automatically within SmarterSelect based on both the starting balance as well as the awards already assigned for distribution.
From there, the amount remaining will show up in your current balance so you can easily track what you have left to distribute as you assign awards.
Create donor pages with links regarding donor info.
When it comes to online giving, donor pages are a must. SmarterSelect award management software makes it easy to create these donor pages with links related to relevant donor information.
Donor pages can be created in SmarterSelect with the name of the fund, the fund’s description, and an image. A link is then provided to the admin to embed on websites and within emails.
These donor pages not only encourage your candidates to get more information about sponsors and contributors to your scholarship funds, but they also help donors get the word out about causes they are contributing to. It’s always nice to give recognition where it is due.
“Easy to use Grant and Scholarship Management Software”
The sales team and support teams are very responsive and helpful. We chose SmarterSelect for the price and the timeline to set it up. We also considered Foundant for Grantmakers and AwardSpring
To create a fund, simply follow these steps:
Your fund will then be created. Next, click on the pen icon if you wish to edit it. If you choose to delete it instead, you can click the trash can icon.
The awards table provides fields to track the awarded amount. These fields include fund, award amount, program, and award status.
To notify awardees about the awards you have assigned to them, follow these steps:
Once the award is accepted by the applicant, the status will change to “Accepted.”
Though it is rare for this to occur, if the applicant rejects the award for any reason, it will be listed as “Declined”.