News Category: financials

Bursar Services focuses on customer support with in-person and remote options

Decorative Bursur icon
Oct. 27, 2021

A small team of five staff in Bursar (Cashier) Services is responsible for providing customer service to students, faculty, staff and parents, including receiving fees, disbursing funds and accepting deposits, as well as administrative reconciling. University Bursar Allen Moreno explained that customer service includes helping students navigate campus, answering their questions when possible and cashiering.

Vendor diversity encouraged by HUB/SB Program in celebration of Hispanic Heritage Month

Hispanic Heritage Month (HHM)
Sept. 30, 2021

Hispanic Heritage Month (HHM) is celebrated annually from September 15 - October 15. To commemorate this occasion, the Financial and Administrative Services (FAS) Equity, Diversity and Inclusion (EDI) Committee spoke with Tiffany Gibson, Director of the Historically Underutilized Business & Small Business (HUB/SB) program.

Business Contracts Office brings innovation and services to thousands of university contracts annually

Contracts Managed
Aug. 19, 2021

Every agreement that The University of Texas at Austin has, other than research agreements, comes through the Business Contracts Office. The unit’s 10-person staff handled approximately 6,000 agreements last year, according to Business Contracts Administrator Linda Shaunessy.

Collaboration among FAS units and campus partners improves tuition billing and payment processes for students

New tuition billing process for UT
April 14, 2021

Starting with the fall 2021 semester, the university will implement improvements to tuition billing and payments that will make it easier for students to pay their tuition and to receive financial aid and scholarships. These process improvements are the result of collaboration that began in November 2019 with the support of Senior Vice President and Chief Financial Officer Darrell Bazzell and then-provost Maurie McInnis.

Accounting and Financial Management applies teamwork to preparing Annual Financial Report

Accounting graphic of computer with spreadsheet
Nov. 23, 2020

Accounting and Financial Management (AFM) is responsible for preparing the Annual Financial Report (AFR) for the university every year as mandated by the State of Texas. UT Austin’s AFR is consolidated into UT System’s report to the State Comptroller along with the reports from the other UT institutions.

Student Accounts Receivable collaborates with other offices to aid students during COVID-19

Financial assistance graphic
June 4, 2020

As the university continues to deal with the effects of COVID-19 (coronavirus), Student Accounts Receivable (SAR) has increased efforts to help students during this time. Recent changes include allowing students to register for summer and fall 2020 semesters despite financial bars, reducing the interest of student loans initiated in spring 2020 to 0% and facilitating the process of CARES Act and Student Emergency Services payments going directly to students.

John McGeady named new Budget Director

Budget Director John McGready
Feb. 10, 2020

Senior Vice President and CFO Darrell Bazzell announced on February 10, 2020, the hiring of John McGeady as the university's Budget Director effective March 1.

Business Services website supports customers, improves efficiency

Mary Kemp working
Feb. 6, 2020

The mission of Financial and Administrative Services Business Services (FBS) is to provide administrative support to the FAS portfolio. As stated on the FBS website created last summer, “FBS supports FAS in creating and following procedures that align with The University of Texas at Austin’s policies and standards and focuses on providing the best service as efficiently as possible.”

Texas One Stop: A campus collaboration for student success

Texas One Stop graphic showing UT Tower and students
Dec. 5, 2019

Thanks in part to Student Accounts Receivable, the Texas One Stop website went live late last month. The website offers students easier access to information related to registration, financial aid, tuition billing, student records and more. Texas One Stop, which has been in development for over a year, is part of the Office of Enrollment Management and represents a significant collaboration among multiple offices along with faculty and students as contributors during the development process.