Shepherd University Finance Office

shepherd university frederick seibert associates

The Shepherd University Finance Office plays a critical role in managing the financial resources of the university. It is responsible for ensuring the efficient and accurate handling of all financial transactions, maintaining fiscal integrity, and providing financial support to students, faculty, and staff. The office operates under the purview of the Vice President for Administration and Finance and is committed to upholding the highest standards of ethical and professional conduct.

A key function of the Finance Office is managing student accounts. This includes billing and collecting tuition and fees, processing refunds, and administering payment plans. The office also oversees financial aid disbursement, working closely with the Financial Aid Office to ensure that students receive their awards in a timely and efficient manner. Students can access their account information and make payments online through the university’s student portal, minimizing paperwork and streamlining the payment process. The office staff are readily available to assist students with any questions or concerns regarding their accounts.

Beyond student accounts, the Finance Office is responsible for managing the university’s budget. This involves preparing and monitoring the annual budget, ensuring compliance with state and federal regulations, and providing financial reporting to university leadership. The office also manages accounts payable and accounts receivable, processing invoices and payments for goods and services provided to the university, as well as collecting revenue from various sources.

For faculty and staff, the Finance Office oversees payroll processing, including salary payments, tax withholdings, and benefits administration. They also handle travel reimbursements and procurement card transactions, ensuring that employees are reimbursed for authorized expenses and that purchases are made in accordance with university policy. Training and resources are provided to employees on financial policies and procedures to promote responsible financial management across the university.

The Finance Office actively promotes transparency and accountability in all financial operations. They work closely with internal and external auditors to ensure compliance with accounting standards and regulatory requirements. The office also plays a critical role in supporting the university’s strategic goals by providing financial analysis and forecasting to inform decision-making. Their dedication to efficient and responsible financial management helps to ensure the long-term financial stability of Shepherd University and its ability to fulfill its mission of providing a high-quality education to its students.

Students and employees can find information about tuition rates, payment deadlines, policies, and contact information on the Shepherd University website under the Finance Office or Business Office section. The staff is generally available during regular business hours to assist with inquiries by phone, email, or in person.

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