Blackbaud’s Financial Aid Management

Awarding the most deserving families.

Second-guessing shouldn’t be second nature to financial aid awards. Blackbaud Financial Aid ManagementTM delivers the ability to customize application questions and calculation settings, provides thorough documentation review to verify financial information, and comprehensive reporting gives recommended award amounts, inspiring confidence that your school is assisting the most deserving families.  

Key Features  

  • The solution is free for schools to use with a nominal application fee charged to families (schools have the option to assume the fee) 
  • A comprehensive, customizable online application that’s easily understood by families 
  • All applications are reviewed by Blackbaud professionals for greater accuracy 
  • The intuitive interface and reports enable efficient review and awarding 
  • Post awards in Blackbaud Tuition ManagementTM to streamline communication 

Benefits to Your School 

1. Methodology 

  • A fair and equitable award formula is created based on your school’s policies and enrollment parameters 
  • The U.S. Bureau of Labor and Statistics housing data is used to reflect local costs of living 

2. Financial Aid Application 

  • Available in English and Spanish, the comprehensive online application is designed for ease of completion 
  • Customize up to 20 questions to collect the information that’s most important to your school 

3. Documentation 

  • Families save time by directly uploading documents such as tax returns, W-2 forms, and pay stubs to the secure online parent portal 
  • Email reminders keep families on task by encouraging them to submit missing documents 

4. Verification 

  • An automated process initiates document reviews 
  • Blackbaud’s experienced team individually reviews each application and verifies financial information 

5. Reporting 

  • Comprehensive reporting provides the recommended need for each family that has applied 
  • Reporting is available on-demand with real-time updates 

6. Awarding 

  • The budget tool helps manage awards and control the disbursement of financial aid 
  • Create customized award and denial letter templates; award letters are printable, or send them electronically to families 
  • Posted awards in Blackbaud Tuition Management  

Please contact us today to learn more about Blackbaud Financial Aid Management.

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