The Finance Department’s prime responsibility is to ensure the financial stability and sustainability of the University College. We do this through the maintenance of effective control systems and supporting relevant managers in the control of their budgets. We aim to provide an excellent service to our customers and users, both students and staff. We strive to provide a responsive customer service and our service level statement sets out the means by which we are measured and assessed. The Finance Department provides accounting and business services for the instructional and administrative components of Skyline University College that will enable it to focus on its mission. In order to assist the University College in achieving its mission, the department is to develop and maintain a system that ensures accountability and transparency in the managing of the financial resources of the University College. This system will require that the department properly account for all revenues and monitor expenditures in line with the budget, and analyze and project budget information in order to ensure support for internal fiscal management. The department strives to be a leading edge service provider and to help the organization achieve its goals by providing quality advice on financial matters and implementing necessary financial strategies.

• Financial Accounting
• Planning and Budgeting
• Financial Systems.
• Other Activities.

Fees shall be paid at the time and in the manner specified in the Fee payment plan issued to the student at the time of admission into the college.
The College will publish a Schedule of Fees for miscellaneous activities at the start of every academic year.
As per the fee schedule issued the rules require students to comply with the same and adhere to the terms and conditions.

• The rule stipulates that each student is required to pay the installment before the 10th of each month, until and unless the college issues any notice mentioning any change in the payment method or in the event of college remaining closed for any major holidays / events, the next working day will be the effective day for payment of fees. A notice to that effect mentioning the change in dates will be duly circulated among the classes / through instructors and by means of display on notice boards. The college will not be responsible for any negligence on any information which is not gathered by the students in the stipulated time frame mentioned thereof. The student serves every right to gather or seek information on such aspects like fee payment deadlines and any other activity fees which the student involves himself.
• Students who fail to make payment of tuition fees within the first ten days will be served with a reminder. If any student approaches the Finance / Administration department stating his / her inability to clear the tuition fees within the stipulated period will be asked to furnish a written letter by their sponsor / guardian / parent explaining the reasons. Such person appointed by the college to deal with such situations will handle the written requests. The college reserves every right to accept reject such requests by the students considering the past financial profile of the students. Such requests from students should reach the concerned office before the 10th of the month. It is not mandatory for the college to issue such reminder.
• Students who fail to comply again after the reminders rendered to him will be served with another reminder in a period mentioned in the earlier notice, whereby mentioning clearly the dead line set by the college and the consequences thereof. The college will not be responsible for any information/ letters collected late / not collected by the student with regards to financial aspects and the entire responsibility will remain on the student to find an amicable solution for the payment of fees.
• The college will resort to temporary suspension of a student after the earlier reminders fail and a final date will be set for the student to clear his entire dues which is normally the end of the month. During the suspension period the student will not be entitled to attend classes, both onsite and online or to use the Learning support resources or other facilities of the college and have his / her name automatically withdrawn from ongoing classes and will be prohibited from attending any examinations in these period. In the event of a students name being withdrawn from any ongoing onsite or online courses the student will have to appear for the same course again as a Recourse and the rules / regulation and fees for the Recourse will apply.
• After the expiry of all resorts, a notice of termination for non-payment of fees will be sent to the student. The notice will specify the amount of the debt and the date at which the termination becomes effective. The concerned local departments and the University office will be informed of the same. The student / parent or guardian will be summoned to the college and the original letter handed over to him / her. The student may have the choice of re-admittance provided his entire dues to the college is paid and the college has the right to impose a re-registration fees which will be payable in a manner specified by the college at that time.
• Termination of a student’s enrolment under the provision of these regulations, an admission cancellation form shall be completed by the Students Service Department and forwarded to the Finance and Administration Department for further course of action.

Students are permitted to pay college fees either by way of Cash / Cheques or Credit Cards.
Students who wish to pay their college fees vide cheques have to make sure they adhere to the following terms and conditions.

• Crossed cheque addressed in the name of Skyline University College and the date mentioned in the cheques should not exceed more than the 10th of the month. Any exception thereof should have the ratification of the concerned official.
• Students should ensure that there are no errors or overwriting in the cheques and proper authorized signatures are there for every correction made in the cheques they produce to the accounts department.
• Students should ensure that they procure a receipt for every transaction and the contents should be checked before leaving the accounts department.
• Each student should ensure the honoring of cheques as the laws governed by the state ensures maximum penalty for cheques, which are returned unpaid.
• In the event of a student’s cheques being dishonored the college takes every right to penalize the student and a minimum fee will be levied and the college has the right to refuse acceptance of further cheques from the student.
• Students who wish to pay their installments vide credit cards will have to pay an additional charge of 1.5% along with their fees as bank charges.