How AI describes Blackbaud Financial Aid Management

Blackbaud Financial Aid Management is a financial aid software built for private and independent schools that helps align aid programs with enrollment goals and manage all types of awards, from need-based discounts to merit-based awards and third-party scholarships, in one system. It includes a dynamic family portal, customizable applications, IRS integration, secure document uploads, multilingual support, and automated communications to keep families informed and on track through the enrollment process. The platform offers budgeting tools, disbursement tracking, automatic reallocation of unaccepted awards, batch awarding, and comprehensive reporting to monitor funds and outcomes.