If you are unsure which grant a FAIM client is enrolled in – locate the “Intended Use” field on the FAIM account statement you pull from VistaShare each month. The four digits listed after their chosen asset represent the grant they are enrolled in.
FAIM enrollment forms below have been updated for State Grant 2086. Other forms will be updated as time allows. Always use the current forms posted on this site.
Grant 2086 enrollment reopened on July 1, 2024, and will close on September 30, 2024, unless capacity is reached before that date.
FAIM Enrollment and Account Opening Forms
Bremer Bank does NOT accept electronic signatures from outside their system – forms must be physically signed where indicated.
Pre-Post Enrollment Assessment Tools / Budget Form
FAIM Training Hours Tracking Forms and Completion Certificates
FAIM Payout Request Forms
Business Asset Forms and Templates
Education Asset Forms
Home Purchase Asset Forms
- FAIM Guidance for Home Purchase Asset Track – created 7-12-2024 – share with client
- Loan Estimate – send with payout request forms
- Closing Disclosure (CD) – send final, signed copy after closing date. Also required for principal reduction payout – if home was purchased after enrolling in FAIM but before meeting the minimum enrollment requirement.
- Current Mortgage Statement – send with copy of final CD if doing a principal reduction payout. Another copy is required within 30 days of the payout to document that the FAIM payment was applied to principal only.
- Household Budget Estimate Form – located in Financial Training/Assessment Tools section
- Mortgage Qualifier Form
Vehicle Purchase Asset Forms
- Household Budget Estimate Form – in Financial Training/Assessment Tools section. Participant’s budget must support cost of vehicle ownership
- FAIM Guide for Vehicle Purchase – State Grant 2005 & 2086 – Updated 3/6/2024 – share with client
- FAIM Guide for Vehicle Purchase – State Grant 2085 – Updated 3/6/2024 – share with client
- Vehicle Training Material Options:
- FAIM – Used Vehicle Inspection Form – June 2022 – send with payout request
- Vehicle Research Comparison Spreadsheet – new 3/6/2024 – template for vehicle research and comparison
- Vehicle Service Record Tracking Template – template for clients to track their vehicle service record.
- Letter of Guarantee – dealership may request verification of pending FAIM payment:
- Coach must submit all vehicle documentation for the payout to FAIM Admin for review.
- If vehicle is approved, Admin will complete the form and send to the coach.
- Required with payout request forms:
- Copy of FAIM participant’s valid Minnesota driver’s license
- Copy of vehicle insurance quote from agent – for the vehicle being purchased.
- KBB or NADA market value printout – dealer’s selling price must be under high retail value.
- Copy of Vehicle Inspection Report – AND – Repair Estimate for anything noted on the inspection.
- Copy of Vehicle Purchase Agreement/Contract
- After payment – another copy required with FAIM funds listed.
- Copy of vehicle title (both sides) – AND lien release (if applicable)
- After payment – copy of title transfer document showing FAIM participant as sole owner.
- If applicable – Copy of loan document detailing terms
FAIM Exit Forms
FAIM Program Forms
Cornerstone Advocacy Service – Forms for CAS Private Match Enrollees
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