Credit Control Policy

This policy is issued under the authority of the University’s Financial Regulations and must be adhered to by all University employees. It is designed to outline the function, objectives and responsibilities of the Credit Control Team, and ensure that the general principles of the Credit Function are clearly recognised and understood within the University.

The financial sustainability of the University depends on income generated externally by research projects, student tuition fees and other income generated by academic and service units.

Effective credit control leads to improved cash flow, a healthy balance sheet and efficient management of funds. It is important that all employees of the University recognise this fact and co-operate fully with the Credit Control Team in the collection of revenue to the University.

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