Track institutional commitment
Use institutional commitment to:
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Track progress towards an amount promised to applicants (e.g., a financial package promised upon admission)
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Make sure applicants don't exceed a certain awarded amount (e.g., need-based awards)
Note: This functionality is only available to certain Award Management subscriptions. To learn more about your subscription, visit Site, Settings, Details.
To add institutional commitment to your system:
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Add a new field to your import file. For more guidance, see Add new user import data.
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Map your new import header to the Institutional Commitment field. For more guidance, see Work with user imports.
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On individual portfolios, enable Institutional Commitment:
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This setting includes funds awarded by this portfolio in the institutional commitment
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Once you set up institutional commitment in your system and on individual portfolios, you'll see two new columns on application grids throughout your system:
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Unmet Institutional Commitment = Institutional Commitment - Encumbered Funds from included Portfolios
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Met Institutional Commitment = Sum of Encumbered Funds from included Portfolios