After creating a scholarship and scheduling out the payments, you can print scholarship checks. Each student awardee needs an up-to-date student number because the student name and their number will print on the check stub. This allows your foundation to write one check to a school for numerous student scholarships.
- Navigate to the Scholarships page.
- Click the Open bucket.
- Click the Scholarship ID that you want to pay.
- Click [pay] to create the grant.
- Depending on the Charity Status Checked, you may have the option of [manually checked] or [guidestar charity check]. Click the option.
- Click Post & Get Approval in the left-side menu.
- Click I Approve in the left-side menu.
- Click [approve payment].
- Click [create].
- Click [pay].
- Select the Payment Account and Payment Date.
- Click Next.
- Enter any additional information you may want in the Memo field and then click Create Checks.
- The check is ready for the next Checkrun.
Posted Scholarships are available and can also be paid from Accounts Payable.