Awards for Financial Aid

After your school sets up budgets and reviews students' financial information, you determine which students should receive aid, how much they should receive, and how the awards are funded.

From Awards, select Manage Awards to review student needs and grant aid.

  • When you manage awards, students with awards appear under Student Awards. For each student, the awards associated with each budget, the student's total need, total awarded, prorated amounts (if applicable), and remaining need appear.

  • From the grid of Students who have applied for aid for each year, you can view a summary of each student's information, access their applications, and award aid. You can also Filter the grid to focus on students who meet specific criteria.

To update the amount available for award or view all awards funded from the same source, see Budgets. After you determine awards, you can notify families by letter.

From Awards, select Manage Awards and then choose a student's name from the grid of students. This will pull up the student's Application details page. Admins can use the fields available under School changes to update the application with any additional information.

  1. From Awards, select Manage Awards and then choose the Edit action for the student.

  2. For each budget that enables you to grant aid, enter the amount to award.

  3. Select Update.

    Note: Select the trash icon to delete an existing award. This will also remove the student from the corresponding budget.

  4. Optional: If your school sends award information to Blackbaud Tuition Management, see Budgets for information on mapping budgets and sending award information.  

  1. From Awards, select Manage Awards and then choose the Edit action.

  2. For each budget that enables you to grant aid, enter your changes.

    Note: Select the trash icon to delete an existing award. This will also remove the student from the corresponding budget.

  3. When you're ready to finalize the awards of financial aid and send the discount amount the family's Blackbaud Tuition Management account, select Send to TM.

    Note: The corresponding budget must be finalized in order for this transfer to occur.

  4. Select Update.

If a student has an Enrollment of Withdrawn, your Enterprise can prorate the amount awarded to the family.

Note: School users are also able to prorate award amounts for students if School modification is set to Yes for the budget.

To prorate an amount for a withdrawn student:

  1. From Awards, select Manage Awards followed by Edit for the Withdrawn student

    Tip: Use the Enrollment filter to filter for Withdrawn students.

  2. Use the available Prorate Amount field to add a prorated award for the student.

  3. Select Save when finished.