Scholarship Management Software Statistics 2024


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In today’s competitive academic environment, scholarship management software has emerged as an essential tool for institutions seeking to streamline their scholarship processes. The landscape of scholarship management software has evolved significantly, and the statistics for 2024 paint a comprehensive picture of the emerging trends and technologies in this field. Understanding these statistics is crucial for grasping the dynamic changes that are shaping the industry and gaining insights into where it is headed. For educational institutions, non-profits, and students, these developments herald new opportunities and potential challenges.

Key stakeholders, including university administrators, educational policymakers, scholarship providers, and students themselves, will find this data invaluable. As these tools become increasingly sophisticated, they impact how scholarships are distributed and managed, ensuring greater efficiency, transparency, and accessibility. By analyzing the latest statistics, stakeholders can better understand how to leverage these technologies to enhance their scholarship programs, improve outcomes, and mitigate potential pitfalls.

Leveraging the insights provided by 2024’s scholarship management software statistics offers a roadmap for strategic decision-making in this rapidly evolving sector. Whether you’re an educational institution looking to adopt new software, a funder aiming to increase reach and efficiency, or a student seeking to navigate the application process, understanding these trends will better position you to make informed choices. This data not only illuminates the current state of scholarship management software but also provides a glimpse into the future, guiding stakeholders towards more effective and impactful strategies.

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Top Scholarship Management Software Statistics 2024

☰ Use “CTRL+F” to quickly find Scholarship Management Software facts. There are total 55 Scholarship Management Software Statistics on this page 🙂

General Information And History

  • PhiloBiblon is one of the oldest digital humanities projects in existence, starting in 1972 at the University of Wisconsin, Madison, funded by NEH. [?]
  • Initially, PhiloBiblon aimed to locate manuscripts and printed texts physically produced before 1501 to provide a corpus of authentic lexicographical material. [1]
  • A photo-offset edition of computer printout was published in 1975 as the Bibliography of Old Spanish Texts (BOOST), listing 977 records. [1]
  • PhiloBiblon was published on CD-ROM in 1992, incorporating materials in Spanish, Portuguese, and Catalan. [1]
  • The database was ported to the web in 1997 and substantially redesigned in 2015. [1]
  • The initial database management system (DBMS) used for PhiloBiblon was FAMULUS, running on the Univac 1110 at Madison. [1]
  • In 1985, the database was mapped to SPIRES (Stanford Public Information Retrieval System) and in 1987 to Revelation G, a proprietary relational DBMS running on an IBM PC. [1]

Data And Technology

  • PhiloBiblon’s data is being mapped from a Windows DBMS to FactGrid as part of an NEH grant project (2023-2025). [1]
  • Wikibase is used in PhiloBiblon, which is part of the Linked Open Data (LOD) world. Each record can be linked to existing rich world of LOD identifiers. [1]
  • Wikidata offers over 400 examples of canned queries that can serve as models for further queries. [1]
  • Wikibase can be used to join Wikidata or set up a separate instance like FactGrid. [1]

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Funding And Grants

  • PhiloBiblon has received eleven NEH grants from 1989 to 2021 for major upgrades to display and DBMS technology. [1]
  • PhiloBiblon received a two-year implementation grant from NEH beginning on July 1, 2023. [1]

University Of California (uc) Love Data Week 2024

  • UC-wide Love Data Week 2024 is organized by UC Libraries, featuring data talks, presentations, and workshops from February 12-16, 2024. [1]
  • The event will include over 30 presentations and workshops on various topics. [1]
  • Registration and session details are available on the UC Love Data Week 2024 website. [1]

Digital Scholarship Centers

  • Digital scholarship centers have evolved to support digital humanities activities, often housed in libraries due to their discipline-neutral approaches. [4]
  • The majority of digital scholarship programs at R1 institutions are funded by libraries, with 42% fully funded and 91% partly funded by them. [4]
  • Digital scholarship programs offer services such as data curation, digital preservation, GIS, text mining, and digital publishing. [4]
  • Commonly used technologies include Python, R/RStudio, WordPress, Omeka, and ArcGIS. [4]

Digital Adoption And Transformation

  • By 2025, 70% of organizations will use digital adoption platforms across their technology stacks. [3]
  • Successful digital transformation is challenging; only 16% of organizations report success, often due to poor digital adoption rates. [3]
  • Digital adoption platforms are recognized as essential for overcoming insufficient application user experiences. [3]
  • Global spending on technologies that enable digital transformation is projected to reach $2.3 trillion by 2023. [3]

Scholarship Management Software

  • Some scholarship management software starts at $99 per month for the first scholarship, with additional fees for more scholarships. [2]
  • AwardSpring’s NOW plan costs $99 per month for up to five scholarships, with $29 per month for each additional scholarship. [2]
  • AwardSpring’s PRO plan offers 25 scholarships at a base price of $4500 per year. [2]
  • Evalato charges $7000 annually to run multiple scholarship programs. [2]
  • Submittable allows users to upload over 50 different types of files, making it easy to deliver various application materials. [2]

Financial Aid And Scholarships

  • The U.S. Department of Education awards an estimated $46 billion in scholarship money annually. [7]
  • First-time undergraduates at four-year colleges receive about $14,890 annually in government grants and scholarships. [7]
  • Pell Grants are reserved for students from families with an income below $25,000. [7]
  • The Federal Supplemental Educational Opportunity Grant (FSEOG) awards between $100 and $4,000, requiring schools to contribute 25% of the aid awarded. [7]
  • Athletic scholarships are offered to less than 2% of high school student-athletes, amounting to over $2.7 billion annually for Division I and II. [7]

Educational Trends And Digital Learning

  • The global education market is projected to grow from $6 trillion in 2022 to $8 trillion by 2030. [13]
  • Digital adoption is critical, with 91% of businesses embarking on digital initiatives. [3]
  • The e-learning market is expected to grow from $245.5 billion in 2022 to $462.6 billion by 2027. [9]
  • Personalized learning through AI and data analytics is becoming more prevalent. [5]

Challenges In Digital Transformation

  • Only 7% of companies have fully implemented digital transformation strategies. [8]
  • 38% of digital transformation efforts failed to meet objectives due to lack of user adoption. [8]
  • Employee resistance is a critical challenge for successful digital adoption. [3]

Data-driven Decision Making

  • Digital scholarship programs collect consultation and training/event statistics to assess their impact. [4]
  • Strategic planning and report writing are essential for evaluating digital scholarship programs. [4]
  • Digital adoption tools help reduce IT support requests and data input errors. [3]

Education And Scholarship Statistics

  • Approximately 1.7 million scholarships and fellowships are awarded in the U.S. annually. [12]
  • 97% of students awarded scholarships receive $2,500 or less. [12]
  • Need-based scholarships accounted for 60% of all scholarship awards in the 2019-2020 academic year. [15]
  • Athletic scholarships are awarded to less than 2% of high school student-athletes, with over $3.1 billion annually for NCAA Divisions I and II. [14]

Trends In Higher Education

  • The share of Americans expressing high confidence in the value of higher education fell from 57% to 36% over the past decade. [6]
  • The U.S. education market was valued at $1.41 trillion in 2021 and is projected to reach $3.12 trillion by 2030. [16]
  • Nearly 60% of the recent increase in undergraduate enrollment was primarily attributed to community colleges. [6]
  • The Higher Learning Commission is mobilizing to accredit credentials as well as degrees. [6]

Digital Scholarship And Technology

  • The Association of Research Libraries (ARL) and the Social Science Research Council (SSRC) promote a more equitable, open scholarly publishing infrastructure. [11]
  • Digital scholarship centers often reside in libraries due to their alignment with discipline-neutral approaches. [10]
  • Digital scholarship centers provide nonlinear logic models for evaluating programmatic impact. [10]

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Sources

  1. berkeley – https://update.lib.berkeley.edu/Topics/data-services/
  2. smarterselect – https://info.smarterselect.com/the-best-9-scholarship-management-software
  3. apty – https://www.apty.io/blog/driving-digital-transformation-through-software-adoption/
  4. Unknown URL – Unknown URL
  5. kitaboo – https://kitaboo.com/trends-in-education-technology/
  6. deloitte – https://www2.deloitte.com/us/en/insights/industry/public-sector/latest-trends-in-higher-education.html
  7. educationdata – https://educationdata.org/scholarship-statistics
  8. walkme – https://www.walkme.com/glossary/digital-adoption-platform/
  9. ehl – https://hospitalityinsights.ehl.edu/education-trends
  10. acrl – https://crl.acrl.org/index.php/crl/article/view/24829/32666
  11. arl – https://www.arl.org/digital-scholarship/
  12. brighterstridesaba – https://www.brighterstridesaba.com/blog/scholarship-statistics
  13. morganstanley – https://www.morganstanley.com/ideas/education-system-technology-reboot
  14. searchlogistics – https://www.searchlogistics.com/learn/statistics/scholarship-statistics/
  15. abtaba – https://www.abtaba.com/blog/scholarship-statistics
  16. fnfresearch – https://www.fnfresearch.com/us-education-market

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