A Bursar is a senior professional financial administrator in a school or university. According to the bursar's website at San Jose State University, "Bursar is a term unique to higher education and means a Business Officer, or Custodian of University Funds. Our office is responsible for the billing and collection of tuition, fees, campus housing and other university related charges." [1]
In India it is in the following lines according to the Lady Doak College, Madurai website:
"As the financial officer of the college, the Bursar is responsible for all financial transactions, budgeting, cash control, financial planning & predictions and scholarships. She/He supervises the non-teaching staff and prepares the Budget. In the discharge of his/her duties, the Bursar acts in consultation with the Principal." [2]
Bursa is a Latin word meaning "purse". Billing of student tuition accounts are the responsibility of the Office of the Bursar. This involves sending bills and making payment plans with the ultimate goal of getting the student accounts paid off. Bursars are not necessarily involved in the financial aid process. [3]
References:
[1] San Jose State University
[2] Lady Doak College, Madurai, India
[3] Wikipedia
Disclaimer: The views described here are just the authors view.
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