What is Scholarship Lifecycle Manager?Foundant Scholarship Lifecycle Manager (SLM) is an online solution designed to help organizations manage, organize, and streamline the scholarship process for applicants, reviewers and administrators. Users are able to quickly and confidently find the necessary information to ensure the right applicants receive the help they deserve, while freeing up time to focus more on strategic and high impact activities.
Foundant SLM helps a range of scholarship programs including community foundations, corporate scholarship programs, K-12 education foundations, private foundation programs, local government programs, industry associations, and research and fellowship programs. Students are able to create an account to access a self-service portal to search and submit applications for scholarships at any time. Users get access to all future commitments and existing scholarship data via the applicant dashboard. Automated reminders are sent out to students for when action is required for follow-ups, due dates, proof of enrollment, or anything else. The platform offers time saving features such as the automatic saving of answers and data, the ability to copy answers from previous applications with the click of a button, and more.
Administrators can see all applications as they are being worked on, review documents, email applicants, and mark requests as complete. Applications can be assigned to various reviewers, and progress stages can be monitored. When reviewers log in, they are presented with a list of all the applications they have been assigned. Reviewers are presented with a side-by-side review form, with all of the scoring questions on the left hand side, and the application on the right. Reviewers can also export the entire application packet to a PDF for review offline. Administrators have access to the entire database to run custom reports by creating datasets, filtering criteria, building formulas, and more.