Scholarship Lifecycle Manager

RATING:

5.0

(6)
Overview

About Scholarship Lifecycle Manager

Foundant Scholarship Lifecycle Manager is a cloud-based solution for scholarship providers that provides online eligibility quizzes, renewal and application management, notification systems and more. Financial aid professionals can benefit from time saving features such as automated email notifications and a self-serve online system that allows students to complete their downloads quickly.

Scholarship Lifecycle Manager Pricing

Contact Foundant for detailed pricing information.

Starting price: 

$2,500.00 per year

Free trial: 

Not Available

Free version: 

Not Available

Applicant dashboard
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Scholarship Lifecycle Manager Reviews

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for Scholarship Lifecycle Manager

6 Reviews

Lee

Non-Profit Organization Management, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

SLM is a wonderful product as a stand-alone product, but it's even better if synced with CSuite

We are receiving more applications that ever before, and SLM has the capability to help us manage this increase.

PROS

The Universe Process made the application process much more manageable for us and for the applicants, not to mention our evaluators. Once we got the hang of the eligibility questions, it was very easy. The real benefit though was the integration with CSuite. Automatic emails are fantastic.Our evaluators were very happy when we switched to SLM, too. The side by side evaluations made their work much easier, as well as how easy it was for them to view uploaded documents. The reporting functions are fabulous. We use it for several reasons, but the most impactful reports have been our end of the year data analysis for board presentation.

CONS

I still feel like creating eligibility questions is difficult. Since we only do it once a year (if that often), it always feels hit or miss.

Reasons for switching to Scholarship Lifecycle Manager

We had already been using CSuite and so the next logical step was to use SLM and GLM

Vendor Response

Thank you for the review Lee! We are happy to hear that SLM is making your application process more manageable.

Replied October 2023

Melanie

Philanthropy, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

Giving Out Money!

SLM has been a wonderful tool for making our scholarship program successful. It allows for a favorable applicant pool when awarding scholarships and it helps to be efficient in our workflow.

PROS

The overall application experience for students is amazing. Efficiency is so important during the scholarship cycle and SLM allows me to work confidently meeting deadlines.

CONS

I have been the scholarship coordinator for almost three years, and the foundation was already using SLM at that time. So, I was not a part of the initial cross over from paper applications to SLM. Over these three years, I really can't think of anything that I don't like. Foundant is always looking for ways to improve functionality and I think they do a really good job in all areas.

Vendor Response

Thank you for your review Melanie! We are glad to hear that SLM is helping to make your scholarship program more successful!

Replied October 2023

Klara

Arts and Crafts, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2022

Scholarship

PROS

Platform and using the software is user-friendly. Online chat staff is very helpful. If online chat is off, you can find answers within the system, on forum as well. I also like about this software that we can use it for multiple purposes, such scholarships, grants and/or nominations too. First, I was little concerned about coordinating the nominations here because, as expected, we received same nominee from multiple nominators. We had to wait until the deadline to combine those nominees. I downloaded the duplicate nomination, removed duplicate articles (if any) and uploaded everything under comments and notified our evaluators about additional materials. It was easier than I thought.

CONS

What do I like the least about this software? Nothing comes specifically into my mind now. If I cannot figure something out, I always contact your online chat and get the professional assistance that I need.

Vendor Response

Thanks for your review, Klara! We are happy to hear chat and our other support options are so helpful.

Replied February 2022

Scott

Non-Profit Organization Management, 11-50 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2021

Foundant Scholarship Lifecycle Manager Makes my Job Easier!

My experience was great. Foundant keeps you on top of the implementation of your manager and is always quick to help you walk through the process.

PROS

I like the ease of setting up a scholarship application in this software. When you sign on, you get a customer service representative who walks you through the implementation process. I can't say enough good things about Foundant's customer service people. They know everything you can imagine about the software and how to tailor it to any type of scholarship application imaginable. I had 4 different applications with different qualifications and my rep., [SENSITIVE CONTENT HIDDEN] knew how to implement each one right away. I also had questions from time to time on the process and I accessed Foundant's support team. I've never been in touch with support who answered as quickly as their team. There was no waiting on the online chat, I asked and they were on the spot. They kept on the job until my question was answered or problem solved. So far I have had 21 applicants work through the application process and I don't have any issues or complaints.

CONS

There are so many options available in the software that it can be a little tough to navigate the different forms, processes and options that you can set up. However, with so many variables in scholarships that's necessary.

Reason for choosing Scholarship Lifecycle Manager

When trying to get a quote from Blackbaud, I had to sit through hours of informational Zoom meetings before I could even get a price. Then when I did get a quote, it was higher than my budget. They could have and should have saved me the time and let me know the price upfront. I wasted way to much time on their meetings. I was not happy!

Vendor Response

Thank you for your review, Scott! We are happy to know that Scholarship Lifecycle Manager has helped make your organization more efficient and that you're happy with our customer service!

Replied April 2021

Carolyn

Non-Profit Organization Management, 2-10 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

Foundant SLM is key to our scholarship process

We appreciate that the Foundant development team is continually asking for feedback and improving the platform.

PROS

We use SLM to manage our scholarship process from start to finish. We utilize the Sandbox feature during our testing and traiining cycles each year.

CONS

We'd potentially like to be able to send text messages to applicant from the platform.

Vendor Response

Thank you for your review Carolyn! We are happy to hear that SLM is helping you manage your scholarship process.

Replied October 2023

Kristie

Non-Profit Organization Management, 2-10 employees

Used monthly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2023

10 out of 10 would recommend!

This has been a terrific transition and the support we received from Foundant was top-notch!

PROS

The platform is really a time-savings tool! Once you get accustomed to the workings of SLM it can save you so much time! It is user friendly, cuts down on long lines of people turning in paper copies, and is great for reviewers. No scheduling meetings for reviewing scholarships around a committee's schedule. They can do it on their own time!

CONS

It did take longer to learn and set-up than I thought, but the rewards were SO worth it!

Reason for choosing Scholarship Lifecycle Manager

Scholarship Lifecycle Management came highly recommended and was a perfect companion to CSuite and Grants Lifecycle Management.

6 Reviews