Disbursements

Compulsory Subscriptions
The amounts allocated to the various compulsory subscription suspense accounts within the University’s general ledger are paid to the relevant student body.

Revenue Services remits the payment of fees collected on behalf of the student bodies on a monthly basis. The amount paid to the student bodies is based on amounts actually collected from students including GST for Compulsory Subscriptions.

Distribution of Student Fees
The amounts collected for local fee paying undergraduate and postgraduate students are credited to income clearing accounts in the general ledger.

The Strategic Planning Office advises on the distribution percentages to be processed. The following areas are allocated income:

• Academic colleges
• Equity and Merit Scholarship Fund
• University library
• Strategic Development Fund
• Capital Development Program – Information Technology

Twice per semester, Revenue Services prepares a general ledger journal to distribute the fees based on the disbursement report run from FlexSIS. The amount allocated is based on amounts actually collected from students.