Fame proudly offers our Virtual Financial Aid Office to help career schools cut costs, ease administrative burdens, and reduce risks in processing.
Virtual Financial Aid Processing Services
Packaging, disbursement, R2T4, and full transparency — powered by a live hub that connects our team, your school, and your students.
Simplify Your Work
What Our Virtual Financial Aid Office Manages
All activity is visible to the school through the hub.
Virtual Financial Aid Processing Packages
Essentials
Financial Aid Processing Software:
- Awarding of Federal Student Aid
- Ordering and Disbursing of Federal Student Aid
- ISIR Corrections and Verification
- Integrates with Fame’s Student Information System
- Fiscal Services and Reconciliation
- Automated Enrollment Reporting to NSLDS
- FA Procedures Manual
- Sample File Reviews
- 4 Hours of FA Training
- Support via Fame Help Center
- Compliance Alerts
Virtual Financial Aid Office
Essential Financial Aid Processing Software, plus:
- A Virtual FA Officer performing school FA tasks
- Pre-Enrollment College Financing Plan and Estimated FA Package
- NSLDS Transfer Monitoring
- Student Document Review prior to awarding Federal student Aid
- Review FA SAP Eligibility
- Title IV Credit Balance Determination
- Institutional Calculations and Return to Title IV
- Title IV Refund Processing
- Title IV Audit Reports
- Monthly Bank Statement Uploads and Reconciliation
Virtual Financial Aid Office+
Virtual FA Office package, plus:
- Virtual FA Officer working directly with students
- Pre-Enrollment Documents via Secure Email
- Federal Student Aid Application Assistance
- Federal Student Aid Counseling via Phone, Email, and Zoom
- Notice of Federal Student Loan Disbursement
- Secure Digital Signature Request for Required Documents:
- Official Financial Aid Offer
- Verification Worksheets and Documentation
- Remind Students via SMS to Submit Required Documents