Bursar manages and oversees operations of student, faculty, and staff accounts. Provides leadership and direction for tuition and fee structure, financial aid resources, billing and receivables, petty cash, and payments. Being a Bursar is the custodian of institutional funds. Ensures compliance with university, state, and federal regulations and standard accounting procedures. Additionally, Bursar requires a bachelor's degree. Typically reports to a top executive officer. The Bursar typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Bursar typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Essential Functions
- Set-up student payments & works with Financial Aid to ensure student payment plans are arranged
- Ensure student information is accurate and up-to-date
- Process enrollment and application payments
- Send monthly billing statements
- Run weekly balance reports to monitor credit and debit balances
- Run past-due reports to check on outstanding payments
- Prepare daily deposits for bank and daily bank report
- Determine eligibility and facilitate refunds
- Call/send letters to students who are past-due and not currently attending class
- Refer cases to collections agency when students are non-responsive
- Verify eligibility and clear students for transcript requests
This is a full-time position. A combination of day, evening, and weekend hours is required.
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