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A bursar (derived from , Latin for 'Coin purse') is a professional administrator in a school or university often with a predominantly financial role. In the United States, bursars usually hold office only at the level of higher education (two-year and four-year colleges and universities) or at private secondary schools. In Australia, the United Kingdom and other countries, bursars are common at other levels of education.
Bursars' duties vary from one institution to another. At many institutions, bursars deal only with student finances. At other institutions, bursars also deal with some faculty finance issues. Elsewhere, they also oversee accounts receivable, or the payments that the university receives from outside organizations for which it performs services. In some institutions, all money held by the institution is the bursar's responsibility. Some bursars (in the UK for instance) also have responsibility for payroll, investments, facilities, IT, human resources, health and safety and oversight of administrative functions at an institution.
The bursar statement is also known as a tuition invoice or a student account bill.
The bursar often reports to a comptroller. For example, Barnard College employs an Associate Comptroller–Bursar. Barnard College Bursar's webpage In other cases, the bursar has the same level as the comptroller, and both report to the director or vice president of finance. Some universities in the United States still have a director of student financial services whose role is similar to that of a bursar. The University of Pennsylvania employs an associate vice president who essentially combines the role of a bursar (using the student financial services title) and that of a registrar. UPenn website on student financial services
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