Monsterweb handles the different scholarships as a part of complete billing solution. The system is flexible to create the scholarship on all payment titles like Admission, tuition fee, book fees etc. Once the scholarship is setup and provided to the student, the system automatically manages the billing of the student as per defined amount. The scholarships and merits can be defined by the fixed amount or by the percentage. We have a separate section to handle these all.
The scholarship add section is very easy: