About the Bursary
The Bursary Unit is the financial management arm of Bowen University, responsible for maintaining sound financial practices that ensure transparency, accountability, and sustainability in all University operations. The Unit plays a vital role in supporting the University’s mission by managing resources efficiently and providing timely financial information for decision-making.
As a faith-based institution, Bowen University’s Bursary operates on the principles of integrity, stewardship, and service, ensuring that every financial transaction aligns with the University’s core values of Excellence and Godliness.
Our Vision
To be a model of excellence in university financial administration, driven by integrity, efficiency, and innovation.
Our Mission
To provide accurate, transparent, and accountable financial services that support Bowen University’s academic, administrative, and developmental goals.
Core Functions of the BURSARY
Financial Management and Reporting:
- Maintain accurate records of all financial transactions.
- Prepare periodic financial statements and reports for management, Senate, and Governing Council.
- Ensure compliance with financial policies, regulatory standards, and audit requirements.
Budgeting and Expenditure Control:
- Coordinate the preparation of annual budgets for all departments and units.
- Monitor and control expenditure in line with approved budgets.
- Advise management on efficient resource allocation and utilization.
Compliance and Internal Control:
- Implement effective financial control systems to prevent errors, fraud, or misuse of funds.
- Liaise with internal and external auditors for periodic financial review and compliance.
Revenue Collection and Disbursement:
- Oversee the collection of tuition fees, levies, and other University revenues.
- Manage disbursement of funds for salaries, capital projects, and operational expenses.
- Ensure prompt and accurate remittance of statutory deductions.
Student Accounts and Financial Services:
- Maintain detailed records of student fee payments and balances.
- Provide students and guardians with clear financial information and payment support.
- Work closely with the Directorate of Student Support Services to resolve financial queries.
Payroll Administration:
- Manage staff payroll systems, including salary processing, allowances, and benefits.
- Ensure timely payment of wages and adherence to relevant financial regulations.
Mr. Babatunde O. KOLAWOLE
BURSAR, BOWEN UNIVERSITY
At Bowen University, we view financial management as a ministry of stewardship. The Bursary is committed to upholding transparency, accountability, and prudent use of resources, ensuring that every naira spent contributes to the University’s growth and mission.
A Message from the BURSAR
Units within the BURSARY
- Accounts and Reporting Unit
- Budget and Planning Unit
- Payroll and Staff Accounts Unit
- Student Accounts Unit
- Treasury and Disbursement Unit
Each unit works collaboratively to ensure efficient financial operations and transparency across the University.
Contact the OFFICE
Bursary Unit
Bowen University, Iwo, Osun State, Nigeria
📧 Email: [email protected]
🕘 Office Hours: Monday – Friday | 8:00 AM – 4:00 PM
Student, Parent, and Alumni Perspectives
Discover the experiences and insights of our students, parents, and alumni. Learn how Bowen University’s academic excellence has shaped their journeys and prepared them for success.
“Bowen University has set a high standard for academic excellence. The lecturers are knowledgeable and supportive, ensuring we grasp every concept thoroughly. The well-equipped facilities and structured curriculum make learning seamless and enjoyable.”
Daniel O.
Software Engineering Student“Bowen University’s commitment to academic excellence is unmatched. My child has grown academically and intellectually, thanks to the university’s rigorous programs and dedicated faculty. I am confident in the quality of education Bowen provides.”
Mrs. Grace I.
Parent of a 300-level Student“Bowen University’s academic standards equipped me with the skills for my career. The curriculum and supportive faculty taught me critical thinking and problem-solving. I’m proud to be an alumnus and grateful for the solid foundation Bowen provided, which continues to guide me.”
