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Scholarship Payment Methods

When a family submits a scholarship request, they specify how the funds should be disbursed. StandShare supports the following payment methods.

Payment Method Reference

MethodCodeDescriptionProcessing TimeRequirements
Check to Programcheck_to_programA check is issued directly to the program, school, or organization where the child is enrolled. This is the most common method.5--10 business daysPayee name and mailing address must be provided on the scholarship request. The payee field identifies the recipient organization.
ReimbursementreimbursementThe family pays out of pocket first, then submits receipts for reimbursement back to their family account or via check.5--10 business days after receipt verificationThe family must provide proof of payment (receipt or invoice). The additionalInfo field should describe what was purchased.
Card Over Phonecard_over_phonePayment is made by calling the program or vendor and providing a payment card number over the phone.Same day or next business dayA Treasurer or Admin calls the vendor directly. The family must provide the vendor's phone number and account/reference number in the request.

Scholarship Request Lifecycle

  1. Pending -- Family Lead submits the request with recipient name, payee, amount, purpose, and payment method.
  2. Approved -- A Treasurer or Admin reviews and approves the request.
  3. Processing -- Payment is being prepared using the selected method.
  4. Paid -- Payment has been completed. A debit transaction is automatically recorded on the family account.
  5. Denied -- The request was denied. A denial reason is recorded.
  6. Cancelled -- The request was cancelled before payment, either by the family or an administrator.

Choosing a Payment Method

ConsiderationCheck to ProgramReimbursementCard Over Phone
Family pays upfrontNoYesNo
Fastest disbursement----Yes
Paper trailCheck recordReceipt + check/creditPhone log
Requires vendor phone callNoNoYes

Required Permissions

ActionRequired Permission
Submit a scholarship requestscholarship_requests.submit_own
View all scholarship requestsscholarship_requests.view_all
Approve or deny requestsscholarship_requests.approve_deny
Process paymentsscholarship_requests.process_payments
Modify request detailsscholarship_requests.modify_details

Next Steps