You are here

Home » Accounting » » Fund 860

Fund 860

Fund Reference Manual

860-Institutions of Higher Education -Institutional Financial Aid Account

Account Code:
860
Account Title:
Institutions of Higher Education -Institutional Financial Aid Account
Admin Agency:
Locally by each agency - LCL0
Fund Type:
BA - Special Revenue Funds
Rollup Fund:
BG - Higher Education Fund
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Interest Earning Authority:
N/A
Authority:
Closing GL Code:
9310
Description:
Used to make guaranteed long-term loans to eligible students as provided in subsections (3) through (8) of this section; to make short-term loans as provided in subsection (9) of this section; or to provide financial aid to needy students as provided in subsection (10) of this section.
Sources of Revenue:
Charges and Miscellaneous Revenue, Interest Earnings
Clientele:
Eligible students
Effective Date:
Wed, 07/01/1981
Inactive Date:
Public Notes: