Tuition Revenue
This portion of the book provides an overview and helpful documents related to the handling of tuition revenue at Indiana University.
Typically, this process is managed by the Office of the Bursar at IU. The Bursar’s Office maintains revenue related to tuition including the process of assessing tuition and other fees, generating statements related to tuition fees, and processing revenue and payment options for tuition. Tuition is 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. Proper management of tuition and tuition revenue is essential for ensuring timely and accurate collection of funds, maintaining liquidity, and mitigating financial risks. By effectively monitoring and managing tuition revenue, IU can optimize cash flow, support student financial aid programs, and uphold financial stability.
POLICIES
Review the below policies related to tuition and revenue:
- FIN-ACC-350: Accrual Accounting
- FIN-ACC-500: Write-Off 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
There are no checklists related to this portion of the book at this time. Please check back in the future!
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!