After your 486 is approved, you or your service provider can begin invoicing for funding. There are two options:

  • Form 472 BEAR (Billed Entity Application Reimbursement): The school pays the vendor in full, then is reimbursed by USAC
    • In this case, the project can start as soon as April 1
  • Form 474 SPI (Service Provider Invoice): The vendor invoices the school and USAC
    • In this case, the project cannot start until July 1
  • BEfore you invoice we recommend you visit this page to double check all your information which will help prevent delay in processing (http://www.usac.org/sl/applicants/before-youre-done/default.aspx).

Resources:

 

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