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The role of a bursar is to ensure that students pay their tuition and registration fees on time.
A bursar will work for a college, university or secondary school. They will have to contact students who have failed to pay their tuition fees, and arrange the invoicing and billing process. A bursar will also have to track expense accounts and revenue to ensure that the institutions finances are in order. They may also be responsible for arranging payment plans for tuition fees and figuring out the most beneficial time to receive payment for both the institution and student.
To become a bursar a degree in accounting or finance is usually required. Another avenue into employment could be through gaining work experience in a related field, such as bookkeeping. Candidates must have excellent organisational skills and should be familiar with generally accepted accounting principles (GAAP).
There is no shortage of employment opportunities. Job openings are expected to increase in the coming years. The best places to seek employment is in university towns and cities that contain a large amount of educational institutions. Bursar positions can often be found through recruitment agencies.
The average starting salary of a bursar is between £20,000 and £24,000; however some institutions could offer as much as £60,000.