Awarded offers a cloud‑based Financial Stewardship Platform for higher‑education institutions that centralizes scholarship awarding, donor reporting, gift agreement management, and fund audits. The system automates eligibility matching for stackable and swappable scholarships, generates on‑demand personalized stewardship PDFs, and provides collaborative e‑signature workflows with compliance checks, while an AI‑driven DRGrader tool optimizes donor communications to improve retention.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Colleges and universities often struggle to manage scholarship funds, donor agreements, and reporting efficiently, leading to delayed fund utilization, compliance risks, and time‑intensive manual processes for both financial aid and advancement teams.
Solution
Awarded provides a cloud‑based Financial Stewardship Platform that centralizes scholarship awarding, donor reporting, gift agreement management, and fund audit workflows. The system automates eligibility matching for stackable and swappable scholarships, generates personalized stewardship PDFs on demand, and supports collaborative drafting, review, and e‑signature of gift agreements with built‑in compliance checks. Interactive audit tools apply industry best practices and legal precedents to identify remediation steps instantly. An AI‑driven module, DRGrader, enhances donor communications by analyzing language and suggesting improvements to boost retention. All components integrate through a unified dashboard, giving financial aid, advancement, finance, and student affairs staff real‑time visibility into fund allocation and impact.
Target Audience
Primary customers are higher‑education institutions’ financial aid, advancement, finance, and student affairs departments that manage scholarships, donor relations, and compliance reporting.
Features
- Automated scholarship matching engine supporting stackable and swappable awards across departments
- On‑demand generation of customized stewardship reports with rich PDF formatting
- Collaborative gift agreement workflow with version control, compliance templates, and e‑signature capability
- Interactive fund audit interface that applies best‑practice rules and suggests remediation actions
- AI‑powered DRGrader tool for optimizing donor communication content and improving engagement
- Centralized dashboard with role‑based access for financial aid, advancement, finance, and student affairs teams
- Secure cloud storage and audit trail ensuring data integrity and regulatory compliance