SLCC Finance Office: Your Resource for Financial Matters

The Salt Lake Community College (SLCC) Finance Office is a vital department dedicated to managing the financial resources of the college and providing crucial support to students, faculty, and staff. Located across various campuses, the office plays a central role in ensuring the institution’s financial stability and responsible use of funds.

Services Offered

The Finance Office provides a wide array of services encompassing various financial aspects of the college experience. For students, this includes:

• Tuition and Fees: Processing tuition payments, managing payment plans, and answering questions about fees. Understanding payment deadlines and options is crucial for enrollment continuity.
• Refunds: Handling student refunds related to dropped classes, overpayments, or financial aid disbursements. They ensure timely and accurate processing of these refunds.
• Financial Aid Disbursement: Working in conjunction with the Financial Aid office to distribute financial aid funds to eligible students. They manage the disbursement process and address student inquiries about aid payments.
• Account Inquiries: Responding to student inquiries regarding their account balances, payment history, and any outstanding debts.

For faculty and staff, the Finance Office provides essential services such as:

• Payroll: Processing payroll for all employees, ensuring accurate and timely payments, and managing payroll deductions.
• Accounts Payable: Handling payments to vendors and suppliers, ensuring compliance with college policies and procedures.
• Budget Management: Assisting departments with budget preparation, monitoring expenditures, and providing financial reporting.
• Travel Reimbursements: Processing travel reimbursements for authorized college-related travel, adhering to established guidelines.

Key Responsibilities

Beyond the specific services offered, the Finance Office is responsible for:

• Financial Reporting: Preparing accurate and timely financial statements in accordance with generally accepted accounting principles (GAAP).
• Budgeting: Developing and managing the college’s annual budget, aligning resources with strategic goals.
• Internal Controls: Implementing and maintaining strong internal controls to safeguard assets and prevent fraud.
• Compliance: Ensuring compliance with all applicable federal, state, and local laws and regulations.
• Auditing: Working with external auditors to conduct annual audits of the college’s financial statements.

Accessing Services and Information

Students, faculty, and staff can access Finance Office services through various channels. Many common inquiries can be resolved through the SLCC website, which provides information on tuition and fees, payment options, refund policies, and contact information. The office also offers in-person assistance at designated locations across the campuses, and staff are available via phone and email to answer questions and provide support.

The SLCC Finance Office plays a critical role in the financial health and well-being of the college community. By providing essential services and adhering to the highest standards of financial integrity, the office contributes significantly to SLCC’s mission of providing accessible and affordable education.