Cash Management

Cash management provides direction and support for the University Cashier’s Office, training for decentralized cash collection points, investment management, as well as cash management of University assets.

The University Cashier’s Office is located in the CASS Building 1735 Wahnish Way Suite 103.

Hours of Operation: Monday- Friday 8:30 am – 4:00 p.m

Fee Payment Methods & Schedule of Fees

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Dishonored Check Policy

Checks returned for insufficient funds or due to a stop payment will be considered as nonpayment if the initial payment is for tuition. Therefore, a late payment fee of $100.00 will be added to the balance if applicable.

The returned check service fee is as follows:

$25.00 if the check is $0.01 to $50.00,
$30.00 if the check is $50.01 to $300.00,
$40.00 if the check is over $300.01 to $350.00, and
$40.00 or 5%, whichever is greater, on checks over $350.00.

Notification will be given to the student and/or maker via certified mail to the address on the check or to the last known address. After notification that a check has been returned, redemption, including the service charge, must be made within seven (7) working days. Florida A&M University forwards all returned checks to the State Attorney’s Office for redemption and prosecution after collection efforts are exhausted. In addition, collection costs will be added if the account is sent to an external collection agency.

A “Negative Service Indicator” is placed on the account of all students who have returned checks with the University. The student will not be permitted to pay University charges with a personal check in the future.

Departmental Deposits

Scholarship Checks

All private scholarships should be mailed to Student Financial Services, 1735 Wahnish Way, Suite 103, Tallahassee FL 32307. Please include your name and student ID number on all checks and correspondence. An electronic copy of the check will be sent to Financial Aid for posting with other financial aid awards.

Authorized Collections Sites are required to make deposits directly or indirectly into the Board of Trustees approved bank accounts with Wells Fargo Bank.

Any questions concerning the cash collection process should be directed to Ms. Natasha Ray:

Email: Natasha.ray@famu.edu
Phone: (850) 412-5039
If your department is not listed, you are not authorized to collect any funds to include cash, money orders, personal checks, and cashier’s checks.

Violation of this directive will result in disciplinary action for the employee.

The University Currently Operates 22 Authorized Collections Sites:

THE DEPARTMENT OF EDUCATION’S (ED) CASH MANAGEMENT REGULATIONS 34 CFR 668.164(D)(4)(I)(B)(2) (ISSUED OCTOBER 2015), REQUIRE INSTITUTIONS PARTICIPATING IN T2 (CAMPUS CARD) ARRANGEMENTS TO LIST AND IDENTIFY THE MAJOR FEATURES AND COMMONLY ASSESSED FEES AS WELL AS A URL FOR THE TERMS AND CONDITIONS OF EACH FINANCIAL ACCOUNT OFFERED UNDER THE ARRANGEMENT.
Financial Disclosure
University Banking Agreement
Cash Collection Manual

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Natasha Ray
Assistant Controller
P: (850) 412-5039 E: natasha.ray@famu.edu

Vacant
Coordinator
P: (850) 412-5031 E: @famu.edu

Petra McCray
Coordinator, Cashier Supervisor
P: (850) 412-5043 E: petra.mccray@famu.edu

Ricky Harris
Financial Service Officer
P: (850) 561-2954 E: ricky1.harris@famu.edu

LaDaysha Sykes
Financial Service Officer
P: (850) 561-2953 E: ladaysha.sykes@famu.edu

Vacant
Coordinator, Vacant
P: (850) 599-3137 E: @famu.edu

If you are unable to find who you are looking for, please view our Full Staff Directory

Service Hours: Monday-Thursday 8:30 am - 4:00 pm Friday 8:30 am-12:00 pm.

Send Payments and Correspondence to:

Florida A&M University
1735 Althea Gibson Way | CASS Building, Suite 103
Tallahassee, FL 32307

P:: (850) 561-2949
F:: (850) 599-8618
E:: studentaccountsdocs@famu.edu