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Bursary

The Bursary | Caleb University

The Bursary Department is the financial engine of Caleb University, dedicated to transparent fiscal management, efficient revenue collection, and providing seamless financial services to students, staff, and other stakeholders.

The Bursary: Managing Resources for Excellence

Ensuring Financial Prudence, Transparency, and Service in Support of Caleb University’s Vision.

Welcome from the Bursar

A warm welcome to the Bursary Department of Caleb University. As the chief financial officer of the university, our mandate is to manage the institution’s resources with the highest level of integrity, accountability, and efficiency.

We understand that financial matters are a critical aspect of the academic experience. Our team is dedicated to providing clear, timely, and courteous service to all students, parents, and staff. We are committed to supporting the university’s strategic goals by ensuring robust financial health, which directly contributes to the quality of education, infrastructure, and overall student welfare.

Our doors and lines are always open to assist you with fees, payments, and any other financial inquiries.

Mr. Adesina Abubakre, 

Bursar, Caleb University

Our Vision & Mission

  • Our Vision: To be a model bursary department, recognized for its financial excellence, innovation, and unwavering commitment to supporting world-class education through prudent fiscal management.
  • Our Mission: To provide efficient, transparent, and accountable financial services that underpin the academic and administrative objectives of Caleb University, fostering an environment where financial processes are seamless for every stakeholder.

Our Mandate & Core Functions

The Bursary Department serves as the financial hub of the university. Our core responsibilities include:

  • Revenue Management: Efficient collection, recording, and accounting of all university fees and other revenues.
  • Budgetary Control: Preparation, monitoring, and management of the university’s annual budget in collaboration with other departments.
  • Payroll Administration: Processing salaries, wages, allowances, and other benefits for all staff and faculty.
  • Disbursements & Payments: Managing all vendor payments, contractor fees, and other operational expenditures in line with financial regulations.
  • Financial Reporting: Preparing accurate and timely financial statements and reports for university management and regulatory bodies.
  • Student Accounts Management: Maintaining individual student financial accounts, issuing receipts, and managing payment plans.
  • Treasury & Cash Management: Safeguarding the university’s assets and ensuring optimal cash flow for daily operations.

Divisions/Units within the Bursary

To ensure specialized and efficient service, the Bursary is organized into the following key units:

  • Student Accounts Unit: Handles tuition and other fee collections, receipts, and student financial records.
  • Budget & Planning Unit: Responsible for budget preparation, monitoring, and financial forecasting.
  • Payroll Unit: Manages staff salaries, deductions, and benefits.
  • Final Accounts Unit: Oversees the preparation of final accounts, financial statements, and audits.
  • Revenue & Expenditure Unit: Manages incoming revenues and the processing of all payments and disbursements.

Information for Students & Parents

  • Fee Schedule: Access the current academic session’s schedule of fees for all programs.
  • Payment Procedures: Learn about the approved payment methods, including online payment platforms and bank details. 
  • Payment Portal: Make secure online payments for your tuition and other fees conveniently. 
  • Financial Clearance: Understand the process for obtaining financial clearance each semester. 
  • FAQ: Find answers to frequently asked questions about fees, refunds, and payment plans.

Information for Staff & Vendors

  • Staff Payroll Information: For inquiries related to salaries, advances, and loans.
  • Vendor Payment Process: Guidelines and requirements for vendors and contractors on how to process invoices and receive payments.

Office Hours:

Monday – Friday: 8:00 AM – 4:00 PM