ACH Scholarship payments
We've moved our grant payments to ACH, and now we're working on using ACH for scholarship payments. In the past, we mailed a check for each student award along with a cover letter. Sometimes that meant sending 10 or more checks and letters in one envelope to the school.
For those of you currently using ACH for scholarship payments, how do you handle that? Do you send one lump sum to the school, and then provide a letter with student details? Do you send 10 different ACH payments to the school, and then email 10 letters to identify the payments?
Thanks in advance for your advice!
Community Foundation of Fayette County