DreamApply helps manage scholarships and grants by providing a robust toolset that automates the allocation process. Institutions can define specific criteria for scholarship eligibility and distribute funds accordingly. The platform allows for the creation and management of budgets, ensuring that allocations do not exceed available resources. For instance, administrators can set fixed amounts or percentages for scholarships and schedule disbursements across different periods.
The system also offers detailed tracking and reporting features, allowing institutions to monitor scholarship distribution by country, gender and institution. This facilitates transparency and helps maintain an organized scholarship process. Furthermore, DreamApply automates notifications to keep students informed about their scholarship status and any necessary actions they need to take.
