DISCIPLINARY action will be taken against schools with discrepancies in their accounts.
The warning from the Education Ministry follows the disbursement of the final education grant to schools yesterday.
"The government has now committed to provide truly free primary and secondary school education for all Fijian children, the eligible school heads and management need to make wise use of the disbursed funds," said ministry permanent secretary Dr Brij Lal.
"The disbursement of the term two and three grants will only be determined after the receipt of the audited and endorsed 2013 school financial reports and AGM minutes by May 31."
Dr Lal said the ministry had completed the disbursement to schools as scheduled.
"A total of $21,949,014 was deposited into the respective school bank accounts.
"To date, the eligible 904 schools have received the free education grant.
"The list includes new infant, primary and secondary schools.
"My sincere appeal to respective school heads is to check the school bank accounts to confirm that payments have been received.
"The Ministry of Education's accounts section will assist schools with any inconvenience."
Dr Lal also cautioned school managements on the administration of the grants.
"Now that grants are in the school bank accounts, effective financial management is essential for schools so that they exercise proper controls and stewardship over significant amounts of public money.
"School heads and managements are fully aware of the important financial procedures and expectation of the free education grants to schools, every school should maintain proper records displaying usage of all government grants.
"School heads and managements need to allocate and distribute resources effectively to meet school priorities for development and improvement."