Bursar

Short Definition

Bursar is a financial administrator responsible for managing student accounts, billing and collections.

In-depth Overview

Bursar

Long definition: A bursar is an administrative officer within a higher education institution who oversees financial operations related to student accounts, fees and tuition. The bursar's primary responsibilities include managing the billing and collection of tuition and fees, disbursing financial aid, maintaining student financial records and addressing financial inquiries from students and parents. Bursars also collaborate with other departments to develop and manage the institution's budget, ensuring that financial resources are allocated appropriately to support academic and administrative needs. They play a vital role in ensuring the institution's financial health and compliance with financial regulations.

Etymology: The term "bursar" has its origins in the Late Latin word "bursarius", which means "purse-bearer". It was historically associated with individuals responsible for managing financial resources, particularly in academic and religious institutions.

Synonyms or related academic terms:

• Financial Administrator
• Finance Officer
• Treasurer

Examples of Use:

1. The bursar's office sent out notifications to students regarding upcoming tuition payments.
2. The bursar works closely with the financial aid office to ensure that students receive their grants and scholarships in a timely manner.

Translations:

• Spanish: Tesorero
• French: Trésorier
• German: Kassenwart
• Italian: Tesoriere
• Portuguese: Tesoureiro
• Japanese: 総務長 (Sōmu-chō)
• Chinese (Simplified): 财务主管 (Cáiwù zhǔguǎn)
• Hindi: खजानेदार (Khazānedār)

Visitors interested in understanding the role of a bursar in higher education institutions and related financial services can explore relevant information through the uniRank World Universities Search Engine.

Wikipedia Article

Bursar

unirank Glossary Classification

Miscellaneous higher education terms > University roles and job titles