Scholarship Follow ups
I am wanting to know what other foundations' practice is for scholarships and follow-ups. We pay the school once a year for renewal scholarships and ask the students to submit a mid-year follow-up with their transcript from the fall along with the financials and then one for the end of the semester to make sure we know they are meeting the criteria for the scholarship and where to send the next year's check. Do you send the scholarship check once a year in the fall to cover both semesters or send a check for both Fall and Spring semesters? How do you handle the follow-ups at that point?