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Financial Settings


Assign a Scholarship Payment Type to Scholarships


This article will show you how to assign a Scholarship Payment Type to an existing Scholarship. View our article, Set Up a Payment Type as a Scholarship Payment Type, for instructions on how to create a Payment Type for your Scholarships.

Important Notes

  • Ensure that you have already created a Scholarship.
  • The default payment type for Scholarships is labeled Default.
    • The system will create a Payment Type if a Scholarship Payment Type does not exist. Otherwise, the system uses the first available Payment Type that has Is Scholarship enabled.
  • The Payment Type dropdown is only available for Pre-Funded ScholarshipsPost-Billed Scholarships utilize the User Credit Payment Type.
  • Multiple scholarships can use the same Payment Type.


  1. Set Up a Payment Type as a Scholarship Payment Type
  2. Navigate to Configuration > Financial Settings > Scholarships
  3. Edit an Existing Scholarship
  4. Open the Payment Type dropdown
  5. Choose the applicable Scholarship Payment Type
  6. Click Save Scholarship

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