Salary Range
Varies by employer
Experience
Senior, 5 years or more
Work Environment
College business office

What Does a Bursar Do?

College students and their parents deal with the bursar's office at least once a term, usually over a tuition bill, a payment plan or a refund that has not arrived yet. The bursar is in charge of all of it, from the billing calendar and payment plans to the cashiers, the student account staff and the registration holds placed on overdue balances.

Also known as: Assistant Bursar

Other Job Titles for This Work

Workers in this occupation report titles such as Accounting Supervisor, Banking Center Manager (BCM), Branch Manager, Business Banking Manager, Credit Administration Manager, Credit Manager, Financial Center Manager, Financial Planning Manager.

Bursar Duties and Responsibilities

The primary responsibilities of a bursar include:

  • Direct tuition and fee billing for each term, including payment plans and due dates.
  • Place and release registration holds on student accounts under written institutional policy.
  • Issue refunds after financial aid posts, meeting federal Title IV timing rules.
  • Supervise cashiers, student account staff and the collections team.
  • Oversee collection of past-due balances, including referrals to outside collection agencies.
  • Produce 1098-T tuition statements and answer student and parent questions about them.
  • Protect student account data under FERPA and card data under PCI rules.
  • Reconcile student receivables, deposits and third-party sponsor billing to the general ledger.
  • Bill employers, embassies and scholarship sponsors that pay tuition on a student's behalf.
  • Work with financial aid and the registrar to settle disputed charges before term deadlines.

Required Skills and Qualifications

To succeed as a bursar, you will need the following skills and qualifications:

  • Student systems such as Banner, PeopleSoft Campus Solutions or Workday Student
  • Title IV and FERPA rules
  • Cash handling and PCI DSS controls
  • Supervising front-line and collections staff
  • Patience with worried students and parents
  • Receivables reconciliation and reporting
  • 1098-T reporting
  • Bachelor's degree in accounting, finance or business

Education and Training

A job in student accounts or cashiering is the common first step, though some bursars move over from financial aid or general accounting. Colleges generally require a bachelor's degree, plus several years of student accounts experience that includes supervising staff. Assistant bursar is the usual last stop before the top job.

Salary and Job Outlook

Typical pay: varies widely for this role, and BLS does not publish pay for it separately. In the wider BLS group it belongs to (Financial Managers), the middle half of earners made $125,490 to $219,980 a year, and the median was $166,570.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, Financial Managers.

BLS expects employment of financial managers to grow about 10 percent from 2025 to 2035, with roughly 65,600 openings a year. While that group spans banks, companies and hospitals, bursar posts exist only on college campuses, so openings here depend mostly on retirements and turnover in higher education. Assistant bursars are the usual successors.

Outlook source: U.S. Bureau of Labor Statistics, Employment Projections, 2025 to 2035, Financial managers.

Bursar Pay Range

Annual pay nationwide, Financial Managers (BLS, May 2025)
EarnersAnnual pay
Bottom 10% earn less than$94,310
Bottom 25% earn less than$125,490
Median (half earn more, half less)$166,570
Top 25% earn more than$219,980
Top 10% earn more than$323,270

Highest-Paying States for Bursars

The states with the highest median pay for this occupation are New York ($219,880), Massachusetts ($206,760), New Jersey ($199,110), District of Columbia ($188,880), Virginia ($185,220). Pay is lowest in Arkansas ($116,570), West Virginia ($113,140), Mississippi ($111,390).

Median pay in all 51 states with BLS data
StateMedian annual pay
Alabama$140,500
Alaska$127,030
Arizona$139,830
Arkansas$116,570
California$180,770
Colorado$182,690
Connecticut$174,830
Delaware$181,580
District of Columbia$188,880
Florida$153,280
Georgia$166,790
Hawaii$134,210
Idaho$127,210
Illinois$165,880
Indiana$135,840
Iowa$133,320
Kansas$159,380
Kentucky$130,650
Louisiana$126,800
Maine$133,610
Maryland$158,750
Massachusetts$206,760
Michigan$139,370
Minnesota$163,410
Mississippi$111,390
Missouri$143,460
Montana$131,060
Nebraska$140,360
Nevada$132,490
New Hampshire$144,730
New Jersey$199,110
New Mexico$133,700
New York$219,880
North Carolina$166,780
North Dakota$135,890
Ohio$140,870
Oklahoma$132,460
Oregon$156,460
Pennsylvania$145,610
Rhode Island$166,940
South Carolina$136,160
South Dakota$159,700
Tennessee$141,010
Texas$164,860
Utah$150,450
Vermont$128,690
Virginia$185,220
Washington$174,840
West Virginia$113,140
Wisconsin$139,720
Wyoming$124,910

What the Work Is Like

O*NET surveys people who work as financial managers about their daily conditions. Of those surveyed:

  • 100% say teamwork is very or extremely important in their job
  • 99% use email every day
  • 95% say being exact and accurate is very or extremely important
  • 93% work indoors in a climate-controlled space every day
  • 85% spend more than half the workday sitting
  • 73% usually work more than 40 hours a week
  • 58% are on the phone every day

Education Workers Say the Job Needs

Education levelShare of workers
Bachelor's degree56%
Post-baccalaureate certificate21%
High school diploma or GED14%

Tools and Software Bursars Use

Tools and equipment

  • 10-key calculators
  • Desktop computers
  • Notebook computers
  • Personal computers
  • Personal digital assistants PDA
  • Scanners
  • Tablet computers

Software

  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • SAP software
  • Adobe Acrobat
  • Alteryx software
  • IBM SPSS Statistics
  • Intuit QuickBooks
  • Marketo Marketing Automation
  • Microsoft Access
  • Microsoft Project

Is This Job a Good Fit for You?

People who do well in this job tend to enjoy leading, persuading and making business decisions as well as organized work with data, records and clear procedures.

Skills O*NET rates most important: Reading Comprehension, Active Listening, Speaking, Critical Thinking, Writing, Monitoring.

Knowledge areas used most: Customer and Personal Service, Administration and Management, Economics and Accounting, Mathematics, Administrative.

Preparation: O*NET places this occupation in Job Zone 4 of 5, which means considerable preparation.

Related Careers

These jobs use similar skills, according to O*NET's related-occupation data:

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Sources

This page includes information from the O*NET 30.1 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. The Job Explorer has modified some of the information; USDOL/ETA has not approved, endorsed or tested these changes.

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