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In this video, Bethany and Deepa from Cognito Forms introduce their scholarship application template designed to streamline the application process. The template serves as a comprehensive tool for scholarship committees to collect student information, verify qualifications, and manage multiple scholarship awards efficiently. The workflow facilitates interaction between students and the committee, minimizing the need for external communications. There are two roles defined within the workflow: students (public role) and the scholarship committee (internal role). The process starts with an introduction page, followed by students providing their background and demographic information.