MI, are you sure about that? The end result is that the hot and neutral for one of the circuits are in different cables.

So, how close together would those cables have to be? Would it be OK for them to run around opposite sides of the room? I don't think so.

The problem is that the fan has only one neutral connection for both the fan and the light. Therefore you'd have to start with the 14-2 branch circuit to the fan box to make the neutral connection. Then run ONE 14-3 from the fan box to the first switch box (hot, fan, and light), and continue with TWO 14-3 to the second switch box (each having a hot and two legs).

Make sense?