SAFM Flowchart
Day 1
- Funding (other than wages) is entered into SAFM by department (or revised), then,
- Funding is approved in SAFM then
- Funding interfaces within SIS from SAFM to Financial Aid module: Tuition/Fees and/or Health insurance awards are processed in SIS
- Authorization/ Disbursement runs in early a.m. to disburse stipend to Student Account in SIS. Then,
- In the afternoon, SFS creates "refund batch" to be sent to AP overnight
- AP creates payment file to send to Bank of America for ACH processing.
- Paid out to students who bank with Bank of America
- Paid out to students who bank with other banks
The Friday following Day 3
- Mailed out via check to students who have not entered direct deposit information into SIS