This portion of the book provides an overview and helpful documents related to the handling of notes receivable at Indiana University.

Notes receivable are a critical component of Indiana University’s financial assets, representing amounts owed to the university by students or other parties with an underlying promissory note outlining payment terms. In the context of Indiana University, notes receivable primarily consists of student loan repayments made to the institution. These assets play a vital role in the university’s financial health and sustainability, as they represent future cash inflows that can support ongoing operations, investments, and initiatives. Proper management of notes receivable is essential for ensuring timely and accurate collection of funds, maintaining liquidity, and mitigating financial risks. By effectively monitoring and managing notes receivable, IU can optimize cash flow, support student financial aid programs, and uphold financial stability and long-term viability.

Policies

Review the below policies related to notes receivable:

• FIN-ACC-350: Accrual Accounting
• FIN-ACC-500: Write-Off Accounts
• FIN-TRE-52: Establishing and Closing University Bank Accounts
• FIN-TRE-81: Collection Agency Placement of Indiana University Accounts
• FIN-TRE-110: Accepting Electronic Payments

Standards

There are no standards related to this portion of the book at this time. Please check back in the future!

Checklists

Training Materials

There are no training materials related to this portion of the book at this time. Please check back in the future!

Other Related Materials

There are no other materials related to this portion of the book at this time. Please check back in the future!

IU Financial SYSTEM REPORTS and Procedures

There are no IU financial system reports and procedures related to this portion of the book at this time. Please check back in the future!