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503 Tuition Recovery Trust Account

Account code: 503
Account title: Tuition Recovery Trust Account
Administering agency: 3540 - Workforce Train & Educ Coord Board
Fund type: BA - Special Revenue Funds
Roll-up fund: BG - Higher Education Fund
Cash type: 2 - Treasury Trust Fund
SAAM budget type: Budgeted (Nonappropriated/Allotted) (B)
Interest earning authority: 43.79A.040
Authority: RCW 28C.10.082
Closing GL Code: 9310
Description: All funds collected for the tuition recovery fund are payable for the benefit and protection of any Washington State student or enrollee of a private vocational school licensed under this chapter.
Sources of revenue: Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele: Vocational education students
Effective date: 7/1/1987
Inactive date: