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How to Add Scholarship Type?
The Scholarship Type section allows the configuration of various scholarship categorizations based on similar criteria or eligibility. You can create a scholarship type.
1. Navigate to
> Scholarships > Setup > and click Scholarship Type.
> Scholarships > Setup > and click Scholarship Type.
The M360 - Scholarship Type List page is displayed.
2. Click New M360 - Scholarship Type.
The M360 - Scholarship Type page is displayed.
3. Enter/ enable the values in the required fields. Please refer to the following table for field names and field descriptions.
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Field
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Description
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CUSTOM FORM
|
Preferred form option available to customize the Scholarship Type form
By default, the M360-Scholarship Type Form is selected.
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NAME
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Name of the scholarship type
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INACTIVE
|
Whether to deactivate this scholarship type
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TRANSACTION DEFAULT LINE
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Default values set for transactions related to this scholarship
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TRANSACTION DEFAULT BODY
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Default content in the body of a transaction
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WORKFLOW SET
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Predefined sequence of steps to complete actions associated with the scholarship type
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WEB PROCESS FLOW
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Predefined sequence of steps for the online process associated with the scholarship type to complete the action
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NOMINATION WEB FLOW
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Predefined sequence of steps for the online process to submit nominations for potential scholarship recipients
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ALLOW MULTIPLE APPLICATIONS
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Whether to allow multiple applications for this scholarship type
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ENABLE COHORT
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Whether to restrict eligibility to students within a specific group with shared characteristics to receive this scholarship
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COMBINE INSTITUTIONAL MATCH
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Whether to allow the educational institution to match the scholarship amount sponsored, enabling more financial support to the recipients
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AUTO-GENERATE SPENDING PLAN
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Whether to auto generate a financial plan outlining how scholarship funds will be allocated across various categories ensuring efficient financial management for both the scholarship provider and recipients
Note: The scholarship amount will be disbursed only if a spending plan is outlined in the system.
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AUTO-CALCULATE AWARD AMOUNT
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Whether to auto-calculate the scholarship award amount
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APPLY END-TERM FACTOR
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Whether to apply end-of-term review checks for continuing the scholarship
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UNIVERSITY ADMINISTRATOR AS ACADEMIC PROGRESS VALIDATOR
|
Whether to allow the university administrator to be the academic progress validator
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ACADEMIC PROGRESS TERM GPA REQUIRED
|
Whether the academic progress term GPA is mandatory for this scholarship type
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PRIMARY BUDGET CATEGORY
|
Principle category applicable to the budget for this scholarship type
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SECONDARY BUDGET CATEGORY
|
Supplementary category applicable to the budget for this scholarship type
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DEFAULT SCHOLARSHIP
|
Default scholarship assigned for this scholarship type
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4. Click Save.
The scholarship type is created.
Note:
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To edit a scholarship type, navigate to > Scholarships > Setup > Scholarship Type > M360 - Scholarship Type List page and click Edit in the row of the scholarship type you wish to modify.
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To view the details of a grant priority, navigate to > Scholarships > Setup > Scholarship Type > M360 - Scholarship Type List page and click View in the row of the scholarship type you wish to view in detail.
