Policies

Division     

Administration and Finance

Department

Accounting

Billing and Receivables

Policy

Worcester State University will accurately and timely bill for services rendered, including educational services and related fees. All billings will be accurately accounted for in accordance with all university and state policies, rules, regulations and approved fee schedules.

Procedure

Worcester State University Accounts Receivable Journal (a module of Colleague Financial Software) is the area through which all charges and credits are recorded. Charges and credits are generated either by the Bursar’s Office directly or by transmitting all charges and credits from other departments (Registrar, Student Affairs and Athletics).

A student account can be created directly by the Bursar’s Office, when applying an application fee or tuition deposit or by running the billing processor either by the Bursar’s Office or during the registration process through automatic billing.

Approved by

Vice President/Date

Approved by

Cabinet/Date

Revised Date