Create a New Allocation

This article will show you how to allocate scholarship funds to an account.

Important Notes:

• Once funds are allocated to an individual, the money display in blue at the top of the account holder's profile.

• Upon checkout, money automatically applies to the balance of the registration.

• Scholarship funds cannot be applied to add-ons, rentals, or an unspecified category of activities.

Instructions

1. Navigate to the Configuration tab, and then select Financial Settings, and then Scholarships

2. Select the edit tool next to a scholarship

3. Navigate to the Allocation tab

4. Click Allocate to create a new allocation

5. Fill in fields

   • Recipient: Choose the account that will receive the Scholarship (if the person is not found, you will need to create the Account in the Accounts module)

   • Amount: Enter the monetary value of the allocated fund

     Note:

     Add a note that will display on the account

   • Expiration Date: Enter an expiration date for the scholarship fund

     Note:

     If you do not set an expiration date in the future or leave this field blank, the allocation will immediately expire.

6. Select Save New Allocation

7. View the allocation under the Current status

8. Click Save Scholarship

Resources

• Create a Scholarship

• Add Funds to a Scholarship

• Apply Scholarships Through the Catalog

• Add Class/Session Restrictions