Foundation Loan
Arranged By:
Date order
Application Number:
89-23
Item Number:
200.13
Purpose:
This record series consists of weekly Foundation Loan reports made by the Bursar's Office regarding these short term loans which are taken out by students. Each report contains the following information: the loan number, name of person receiving the loan, a listing of any payments that have been made on the loan, the General Accounting System account number that any payments are deposited in, the total amount that has been paid toward the loan or if the loan has been paid off in full, and the total weekly amount collected by the office which is deposited in the bank.
Procedure:
Retain in office for two (2) years, then dispose of provided all audits have been completed under the supervision of the Auditor General, if necessary, and no litigation is pending or anticipated.
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