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Comprehensive, Powerful Scholarship Management System

Centralize every step of the scholarship process—from application collection to funding disbursement—in one solution that’s tailor-made for associations, foundations, and higher education institutions.

What Our Scholarship Management Software Users Say

nav-dropdown-icon Based on stellar reviews on
Honors Nomination CoordinatorThe American Physical Society

"Our team deals with over 80 different programs that are reviewed by 80 different committees who each have 3-12 volunteers. OpenWater makes it easy for us to collect the information that needs to be reviewed and enforce unique and diverse applicant requirements. This year, OpenWater has allowed our team to process over 1,200 applications reviewed by around 320+ volunteers."

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Digital Product Manager American Speech-Language Hearing Association (ASHA)

"ASHA uses the OpenWater platform for awards programs, grant and scholarship applications, mentoring enrollment, course registration, volunteer applications and leadership programs. The flexibility of the OpenWater platform functionality is crucial to efficiently and successfully manage these various types of programs, each with unique requirements."

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Chapter Relations American Advertising Federation

"OpenWater is a company that treats you with a personal touch and we find that of great value. We have enjoyed the relationship we have built with them and have come to rely on them for the support that we need to continue to grow our program."

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Awards & Prizes Manager The Institution of Engineering and Technology

"The Awards and Prizes team at the Institution of Engineering and Technology operates several awards, prizes and scholarship schemes, all with different entry and reporting requirements. The flexibility and functionality of the platform has led to many improvements and efficiencies in how IET awards are run. The support from the OpenWater team has been excellent."

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Operations and Development Specialist DirectWomen

“Applications are very intuitive and easy to build (even with layers of complexity and if/then processes, and judging options are very customizable, reporting options are extensive and detailed. I did not have any experience building an application and do not come from a technical background, but I was able to build our application without issues due to the ease of using the program and the prompt and helpful assistance of customer support.”

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Key Scholarship Management System Features

Seamlessly manage the entire multi-step process of scholarship administration so your team can attract and identify the best applicants with less hassle.

An example of a scholarship website that Sigma Chi created with OpenWater.
Scholarship Website Creation

Design a website that catches applicants’ attention and elevates your scholarships’ prestige right in OpenWater with no coding required!

A sample scholarship application form created in OpenWater.
Drag-and-Drop Form Builder

Create application forms that include every field you need in minutes, set conditional logic to create tailored experiences, and let applicants upload recommendation letters and multimedia files of any size.

A sample scholarship review form created in OpenWater.
Multi-Round Review

Simplify review processes while minimizing bias by assigning each scholarship application to multiple judges, who can then score all of their designated submissions in one place.

A sample scholarship email template created with OpenWater’s Email Wizard.
Email Wizard

Keep applicants and team members informed about opportunities, decisions, and other important updates with our customizable, branded, and mobile-friendly email templates.

An example of a progress dashboard in OpenWater’s scholarship management system.
Progress Dashboard

Track the status of every scholarship application and decision on a unified dashboard so you can strategically plan follow-up messages and next steps.

OpenWater’s fund tracking module for scholarship management.
Fund Tracking

Keep tabs on scholarship funding amounts and disbursements in a module that breaks down financial data into easy-to-understand charts and graphs.

The reporting and analytics features of OpenWater’s scholarship management system.
Reporting & Analytics

Make data-backed decisions about the future of your scholarship program with powerful, customizable reporting and built-in analytics tools.

The process of integrating OpenWater’s scholarship management system with Salesforce.
System Integrations

Connect OpenWater with more than 65 popular AMS, CRM, payment gateway, and directory platforms (including iMIS, Salesforce, and Higher Logic) to ensure seamless data transfer.

The OpenWater Scholarship Management Difference

Traditional Scholarship Management

 

OpenWater Scholarship Management Software

Need for Multiple Systems

Most online scholarship management solutions begin and end with application collection. Then, your team has to handle tracking, judging, and other logistics by hand, via email, or in spreadsheets.

Unified, Robust Platform

OpenWater empowers you to consolidate all scholarship management tasks—whether applicants, judges, or administrators complete them—into one system to streamline the process.

Disconnected Look & Feel

Many scholarship platforms direct applicants to a seemingly unconnected site to fill out forms and upload required materials. This switch confuses users and leads to higher form abandonment rates.

Consistent Branding

The OpenWater team will create a custom-branded scholarship application portal that matches your organization's existing visual identity. This way, applicants will know they’re in a place they can trust and be more likely to submit complete forms.

Too Many Moving Parts

Without real-time reporting and analytics, it’s difficult to tell where each application is in the process and, therefore, what the right next step is. Plus, you can’t make data-driven decisions about your scholarship program.

Easily Accessible Information

OpenWater’s advanced analytics capabilities eliminate confusion and simplify internal and external communication. You can automatically send important reminders to applicants and team members, and it’s easy to tell the status of any action item.

Frequently Asked Questions About Our Scholarship Management System

 
What is scholarship management?

Scholarship management encompasses all activities related to the administration of financial aid programs at higher education institutions, foundations, or associations. It covers the entire scholarship lifecycle, from promoting and collecting submissions to reviewing applications, communicating decisions, and tracking fund disbursement.

What is scholarship management software?

Scholarship management software describes technology designed to make the process of collecting and reviewing scholarship applications more efficient. Robust scholarship management systems also allow you to track each applicant’s progress, navigate deadlines, and communicate decisions so you can efficiently award scholarships to the best candidates.

What makes OpenWater stand out from other scholarship management systems?

Most scholarship management platforms are really just scholarship application platforms, whereas OpenWater also includes features to manage review processes, communications, fund tracking, and progress reporting. Additionally, OpenWater stands out for its customization capabilities, breadth of integrations, and prompt customer support (our team responds to queries within 10 minutes on average!).

Does OpenWater allow users to create custom application and review processes for individual scholarships?

Yes! Our platform lets you customize every aspect of the process for each individual scholarship your organization offers. Whether you need to create separate applications with different questions, develop review forms that weigh specific elements of applications more or less heavily for certain scholarships, or set conditions that apply to some scholarships but not others (e.g., if one scholarship is only for residents of a specific state while another is open to applicants across the country), we’ve got you covered!