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Last Updated: Feb 13, 2025, 04:07 PM
[The following was approved by the Chancellor of Southern Illinois University on October 1, 2017, in accordance with provisions set forth in SIU Board of Trustees Policies ]
Depositing Funds: Departments that collect revenue must make deposits to the Bursars Office, located in the Student Services Building. All funds collected should be deposited the following business day. If minimal (less than $500), funds may be held for up to one week for deposit. Credit card payments will be deposited upon receipt by the bank directly to your budget purpose. Conveyance of collections to the Bursar's Office will be the responsibility of the department.
To ensure receipts are properly deposited and recorded in AIS, someone other than the person(s) accepting customer payments and making the deposit must reconcile to AIS. This should be done on a regular basis, no less than monthly.
Additional Receipt Requirements: