Financial Aid Processing Services & Software
Our full suite of Financial Aid services and software can be tailored to fit the unique requirements of your institution.
Whether you need software to automate your process or a turn-key outsource of your Financial Aid Processing, FAME can package the right solution for your institution.
Ensure and maintain compliance
To ensure that your awards to students meet regulatory requirements, we have compliance experts on staff and user-friendly financial aid processing software, which includes automated triggers, checks & balances, and advanced reporting.
By leveraging our expert staff, a financial aid process perfected over the past four decades, and our SaaS model, FAME can significantly reduce your costs compared to an in-house solution.
Shorten processing times
FAME recognizes the importance of cash flow to your institution and financial aid funds to your students. With that in mind, FAME strives to process all financial aid awards within 48 hours of input.
With rapid need analysis, expedited processing and verification, your students receive their funds faster – helping to make the whole enrollment and funding process a more satisfying experience.
Minimize errors and exceptions
Workflow driven process and compliance queues in our software combined with our oversight maintains error rates below 1%.
How It Works
Combining Expertise, Proven Process & Advanced Software
FAME uniquely combines our knowledge, proven process and advanced software to power your school with a complete financial aid solution.
FAME’s Financial Aid Software is a proven and robust platform that leverages all of the knowledge and expertise developed over four decades. Enable authorized users to view your institution’s financial aid records and interface with FAME’s Processing Center. FAME calculates and schedules disbursements for Federal grants, loans and campus-based awards using the student data.
FAME is here to guide you every step of the way. Our team of Financial Aid consultants will conduct an extensive business process analysis to determine how to best serve your students and comply with regulations and reporting requirements.
Webinars are announced throughout the year to help clients stay compliant and up to date with the Department of Education’s announcements.
Past Webinars Include:
- Implementation of the July 1 Regulations
- Latest HEERF (I, II, & III) Information
- COVID-19 Waivers & Documentation
What Our Clients Say
When it comes to Title IV, it can be a blessing or a curse. If you are a school owner, you know what I mean. The constant regulatory changes and deadlines make compliance difficult for schools to keep up with on their own. This problem is precisely what FAME sets out to fix, and after 11 years, I can vouch for them and say they are crucial for the successful growth of any post-secondary institution.