It is critical that you use the disbursement date (“Disb Date”) specified on FAME’s Disbursement Rosters when posting to student accounts. Using this date is essential to ensure that the disbursement date on the student account ledger matches the date reported to the U.S. Department of Education by FAME.

Failure to use the specified date when posting these disbursements may result in a finding during your next audit or program review. A sample of the Disbursement Roster is in Appendix H-3 of the Policies and Procedures Manual.

If you have any questions regarding the information in this Did You Know, please contact your Customer Service Representatives by calling 800.327.5772 x 5.