Responsibilities
Our office is made up of six (6) distinct, yet integrated, sections. Each section and its? primary responsibility is listed below:
- Loans and Scholarships: Disbursal of financial aid and application of fee waivers and scholarships.
- Tuition Information: Collection of payments and provide account information.
- Internal Operations: Reconciliation of Title IV and internal University accounts.
- Payroll: Disbursal of University payroll.
- Stuent Loan Services: Repayment of Perkins Loans, Institutional Loans, (Lew Wentz Foundation, etc.), and coordination of loan cancellations and deferments.
- Administration: Management of work flow within the office.
The office serves as the central billing and collection point for student accounts. We issue billing statements, process payments, disburse financial aid, and serve as "financial counselors" for currently enrolled students. We perform services not directly related to students as well. These services include:
- Disburse payroll checks for faculty, staff, and retirees.
- Reconciliation and reporting on Federal loan and grant money.
- Process daily deposits from university departments.
- Collection of Perkins, Lew Wentz and other institutional loans from former students.
- Reporting and research for departments on bursar generated activities.
- Coordinate credit card services for all departments on campus.
- Check cashing for faculty and staff employees (maximum of $30.00).
- Provide information on OU policies and procedures to prospective students, parents and the general public.
- Bill and collect for departmental activities on campus.(returned checks, off-campus courses, catering services, etc.)
As you can see, the Office of the Bursar encompasses a wide variety of responsibilities, both student and non-student. Each area, department, or student depends on us for information and services. To obtain detailed information about services offered, please go to the Bursar?s home page.