Selling goods or services 1. A credit card is only an automatic way of offering credit to a consumer.
This section of FinAid provides information and advice about how to go about establishing a new scholarship program. The Need for New Awards With college costs continuing to increase faster than family incomes, it is increasingly important that individuals and organizations establish new scholarships, and that existing scholarship sponsors increase the number and amount of their awards.
The demand for scholarships has never been higher. More than ten million students apply for financial aid every year, but only a few hundred thousand win scholarships.
Many scholarship sponsors have also reported that the applicant pool is stronger than it has ever been. Unfortunately, this can make the selection process more complicated and cumbersome than necessary.
The application form should be designed to reflect your selection criteria. It should collect the information you need to choose the winners of your award, and only that information.
This means that the questions should be relevant to the goals of your award. Avoid asking questions that are irrelevant, but make sure you ask enough relevant questions to allow you to pick a winner. Try to focus on quality, not quantity. Why request four letters of recommendation, when two will work just as well?
Keeping your application form short will cut your printing and mailing costs. Include an area on the form "for office use only" where you can write down scoring information and basic identity information e. A top corner of the first page will make it easier to sort the applications later. Selection Criteria Your selection criteria should be designed to allow you to efficiently and effectively identify scholarship recipients.
Be careful to be as specific as possible in your selection criteria. If your selection criteria are too loose, you will be inundated with too many qualified applications. As the popularity of free online scholarship databases like the FastWeb scholarship search has grown, many sponsors have been forced to tighten their selection criteria.
The first step is to identify your objective. Why are you granting scholarships?
What are two or three key characteristics you want to see in the scholarship recipients? The next step is to relate your objectives to concrete selection criteria.WORKING CAPITAL FINANCE – FUND BASED & NON-FUND BASED: Working Capital Financing: the nature of a Credit Account from which the borrower can avail the funds anytime at his convenience but whose Upper Limit is fixed depending on the value of the security offered by the borrower to the bank.
The Chair of the Student Group Granting Committee shall provide minutes of each Student Group Granting Committee meeting to Finance Committee within two weeks of each meeting’s occurrence.
Any unused funds must be returned to the Student Group Granting Program, via Student Group Services. Fund based & Non Fund Based Limits. Uploaded by Anubhaw Kumar.
Save Financial guarantees will be issued by the banks only if they are satisfied that the customer will be in a position to reimburse the bank in case the guarantee is invoked and the bank is required to make the payment in terms of guarantee.
of goods supplied 5/5(1). Management Of Risks Involved In It Business Finance Essay Abstract. After finishing my three semesters of masters’ degree the challenge of completing my study at university continued to draw.
The Non-Fund Based Lending can be made by the banks in two forms- Bank guarantee:Borrowing and lending of money had become a part and parcel of commercial transactions. The lender naturally desires to safeguard his own position and wants to ensure that the money lent was received back without fail.
Fund based working capital credit limits beyond Rs 5 cr for SSI units shall be computed in the same way as for C&I units. Periodical stock statements are to be obtained and margin of 25% be retained. assessment under the traditional PBS method may be resorted to.