The Budget Calculator can be used to collect financial data from applicants. The calculator uses Instructional text and numeric question types to calculate the student’s financial need.
To configure the Budget Calculator, head to Settings > Budget Calculator.
Begin configuring the calculator by adding a description (the description will be shown to students). You could describe the purpose of the calculator here.
Optionally, you can customize the Budget Warning section. Applicants will see a warning if their expenses exceed their resources by the percentage defined here. Customize the warning message to help the applicant understand what it means to exceed their resources by the defined percentage.
Next, add titles for the Resources and Expenses sections.
Next, add numeric questions and Instructional text to the Budget Calculator by selecting the type of question you would like to add under the Resources and Expenses sections. To learn how to create questions and instructional text, click here.
Questions can be re-arranged within the section in which they are created. Move the question into the preferred position by clicking on the drag handle and dragging the question to the preferred position.
Note: Questions cannot be moved from one section of the calculator to the other.
That's it you've created your Budget Calculator!
Add the Budget Calculator to the Application
Head to the Application tab, select the desired section of the application and click on 'Insert Budget Calculator' under the 'Create Question' section at the bottom of a section of the application you are adding it to.
The Budget Calculator will appear as the last question in the list of questions in your desired section. It can be moved by using the drag handles on the left-hand side of the header bar.
Note: When the Budget Calculator is expanded, a link to the configuration page is displayed. Click the Settings wheel to remove the calculator from the application.
The Budget Calculator is now configured on the application. It will automatically total the resources vs. expenses for the applicant. This number can be used as a qualification on scholarships.
Administrators can see an applicant's budget calculator responses on the user profile (Users > Student > Student Name > Application) or on the Award & Deny Screen.
Adding Budget Calculator as a Qualification
Click on the Scholarships tab, select the scholarship and click on the “Qualifications” tab. Use the search bar in the 'Create a qualification from the application or use an existing qualification' and locate your Budget Calculator by the title given.
Title the qualification and set up the determining factors in the 'Answer Type' and 'Numeric Answer' fields, then click on 'Create Qualification'.
Applicant view from the general application (completed version):
Admin view (under the applicant's account when located from the Users tab> Application tab):