Uclan Finance Services - Financial Business

UCLan’s Finance Services provides a comprehensive suite of financial support and guidance to students, staff, and external stakeholders. Their aim is to ensure the university’s financial stability and responsible resource management, enabling UCLan to deliver its academic and strategic goals effectively.

For students, a primary focus is tuition fee management. The Finance team provides information on payment options, including direct debit plans and sponsorship arrangements. They also administer tuition fee loans and scholarships, guiding students through the application process and ensuring timely disbursement of funds. The university also offers hardship funds and other financial assistance to students facing unexpected financial difficulties, with the Finance team playing a key role in assessing applications and providing support.

Staff members benefit from a range of finance-related services, encompassing payroll, expenses, and procurement. The payroll team ensures accurate and timely payment of salaries, addressing any queries related to tax, national insurance, and pensions. Expense management systems are in place to streamline the reimbursement process for staff travel and other work-related expenses. Procurement services provide guidance on sourcing goods and services, ensuring value for money and compliance with university policies and legal requirements. The Finance department also supports grant applications and research funding, managing budgets and ensuring adherence to funding body regulations.

Beyond students and staff, UCLan Finance Services manages the university’s overall budget and financial planning. This involves developing long-term financial strategies, monitoring income and expenditure, and producing financial reports for internal and external stakeholders. The team works closely with senior management to allocate resources effectively across different departments and initiatives, supporting the university’s strategic objectives. They also ensure compliance with relevant financial regulations and accounting standards.

The Finance Services team uses modern technology and robust systems to manage financial transactions efficiently. They are committed to providing excellent customer service and are easily accessible through various channels, including email, phone, and in-person consultations. The university website offers a wealth of information regarding fees, funding, and financial policies. Regular training sessions and workshops are also provided to staff to enhance their understanding of financial procedures and systems.

In summary, UCLan’s Finance Services plays a vital role in supporting the university’s mission by providing comprehensive financial support, ensuring responsible resource management, and maintaining financial stability. They strive to offer a professional, efficient, and accessible service to all stakeholders.