Bursary

IUO

Igbinedion University Bursary Department is responsible for handling all financial transactions of the University ensuring that the University’s financial position remains healthy and sustainable.

These responsibilities include;

  • Collection of all school fees, sundry charges and internally generated revenues accruable to the University
  • The Department is also responsible for accounting for all assets and liabilities of the University inclusive of bank balances, receivables and payables.

The sections under the Bursary Department are;

  • The Payroll Section, the Final Accounts Section, the Central Stores and the Student Accounts Section
  • These sections are housed on the ground floor of the Goodluck Ebele Jonathan Building (Old Administrative Building)
  • The Student Accounts Section deals with all matters relating to school fees and sundry charges as it concerns every student in the University
  • The Student Accounts Section is further segmented along college lines with each headed by a College Finance Officer (CFO).
  • The CFO maintains the ledger/financial records for all students in the college showing; Balance B/F, Fees for Current Session, Rebates & Waivers, Payments Received and Balances C/F
  • The CFO acknowledges all E-Transact/Interswitch slips printed after online and physical payment of fees by students
  • Following from the above, ALL students are required to present these slips as evidence of payment made to their respective CFOs for update of their financial records
  • The CFO generates the list of students qualified to write every semester examination
  • The CFO issues financial clearance to students when and where the need arises

THE FEE STRUCTURE

  • The fees payable by students in the University are broadly divided into two;

a)School Fees

  • Tuition
  • Accommodation
  • Administrative Charges

b)Sundry Charges (Additional Fees)