Office of Finance & Accounts

Office of Finance & Accounts

The Office of Finance & Accounts at Uttara University is entrusted with the administration and oversight of the institution's fiscal resources. By upholding principles of openness, effectiveness, and financial accountability, our office assumes a critical function in guaranteeing the judicious distribution and application of financial resources in furtherance of the university's objectives and mission.

The primary aim of our organisation is to ensure long-term financial viability and stability. Our primary objectives are to enhance revenue generation, expedite expenditure procedures, and protect the financial assets of Uttara University. By doing so, we ensure the institution's sustained financial viability and soundness.

The Office of Finance & Accounts is entrusted with a wide range of critical duties, which comprise financial reporting and analysis, cash management, investment supervision, and budget formulation and monitoring. Our team is committed to delivering precise and timely financial data to the administration of the university, which enables them to make well-informed decisions and develop strategic plans.

Additionally, in support of fostering accountability and adherence to financial policies and regulations, our office is dedicated to this cause. We maintain a strong partnership with both internal and external stakeholders in order to guarantee compliance with regulatory obligations, internal control systems, and financial management best practices.

The Office of Finance & Accounts besides its primary responsibility of financial management offers assistance and direction to various departments and units of the university with respect to budgeting, expenditure planning, and financial forecasting. Our objective is to establish ourselves as a reliable and reputable source of information and support, ensuring that financial decisions are in accordance with the strategic priorities and goals of the university.

Uttara university, Tuition Fees
Payment Procedure:

All payments should be made through Mobile Banking (bKash, rocket, Nagad) /Debit or Credit Card (VISA, MASTER, NEXUS etc.)/designated Bank branches mentioned in the list. Cash payments will not be accepted by the Office of Finance and Accounts (F&A). Students can pay with an auto-generated deposit slip printed from ERP. They can also collect printed deposit slips from the Office of Finance & Accounts. A deposit slip will not be required in case of mobile banking or card payments.

Payment Systems:
1. Mobile financial services (MFS):

You can pay your Tuition & other Fees through Mobile Banking using Apps like Rocket, bKash, and Nagad and the standard charge is applicable by the service provider.

  • Rocket Bill Pay, Biller No. 2922, AC No. 100000002280 (No charge)
  • bKash Pay Bill, AC No. 01872-607355 (1.50% charge)
  • Nagad Bill Pay, Biller No. 1388, AC No. 01856-484521 (1% charge)

** All the above mobile banking providers are integrated with My UU account (the University’s ERP system) which will automatically update payments in the student’s portal.

2. Bank Payment:

You can pay your tuition & other Fees through the below-mentioned banks in any branch within Bangladesh. The name of the banks and account details are:

SL Bank Name Account Number
1 Bank Asia Limited** 01533001620
2 Dutch-Bangla Bank PLC.** 1171100007751
3 National Credit and Commerce Bank PLC. 00330210014448
4 Al-Arafah Islami Bank PLC. 0171020008688
5 United Commercial Bank PLC. 0831101000001029
6 Dhaka Bank PLC. 2261000000062
7 Janata Bank PLC. 0100047211110
8 Modhumoti Bank PLC. 111011100000156
9 Prime Bank PLC. 2152116018559

**Bank Asia Ltd and Dutch-Bangla Bank PLC are the two preferred banks for payment as these banks' systems are integrated with “My UU account” and automatic payment updates in the student portal are available.

In case of other bank payments, you have to visit the Finance & Accounts (F&A) office with a deposit slip to update your payment in the student portal manually.

3. Online Debit/Credit Card Payment:

You can pay tuition & other Fees through an online payment gateway using credit/debit cards like (Nexus, Master & VISA etc.) A standard charge is applicable by the service provider. The following types of cards are accepted for payment:

a. Dutch-Bangla Bank PLC.
  • Nexus Debit Card
  • Master Debit Card
  • VISA Debit Card
b. Any Bank any card (Debit or Credit):
  • MasterCard
  • VISA Card
4. POS Machine:

You can pay Tuition & other Fees through POS Machine using debit/credit cards at the Office of Finance & Accounts (standard charge is applicable by the service provider).

5. Cash Payment:

The Office of Finance & Accounts DOES NOT accept cash deposits for tuition/other fees. Only new students' admission fees are received in cash.

6. Online Admission Fees:

Student may pay their admission fees through bKash Merchant A/C No. 01856-484521

7. aamarPay

Contact

For account related queries please contact: 01872607355, 01856484521 & 01798117917

(Office hours 09:00 am 05:00 pm, Except Sunday)

E-mail: [email protected]

Payment Policy

Students who enrol at Uttara University assume the responsibility of paying tuition and other fees per the following financial policies:

  • The admission fee is nonrefundable and is due at the time of admission.
  • In addition to the admission fee, other fees may apply, such as enrollment, tuition, laboratory, library, thesis, and student activity fees. These fees contribute to the overall cost of education and the use of university facilities and services. Course fees vary according to the program.
  • The course fee must be paid within the stipulated deadline of a trimester/Bi-semester.
  • Students admitted in the Spring Semester of 2024 : If they fail to pay their tuition fees within the 15th of each month, a late fee will be penalised (According to the payment deadline).
  • Students admitted in the Fall Semester of 2024 : Course fee will be payable within the academic calendar in three instalments (40% + 30% + 30%).
  • University authority reserves the right to cancel the enrollment/admission of any student failing to meet the financial obligation.

Dropping of courses

Dropping of courses can be done with 100% adjustable with prospective students due or course fees. If students withdraw courses maintain official procedure within stipulated deadline.

Financial Award and Assistance

Uttara University has awarded merit scholarships and need-based financial assistance to deserving students. Full-time Undergraduate students may get 25%, 50% & 100% tuition fee waivers for the entire program based on the results of SSC/O-level & HSC/A-level or equivalent exams. Graduate students entering Masters Programs may also qualify for a 30% tuition fee waiver for the entire program at UU. Undergraduate and Graduate students, however, must maintain a minimum CGPA of 3.50 in the subsequent trimester to continue the waiver.

According to the provision of the Private University Act, of 2010, private universities must provide scholarships to 6 (six) percent of their total enrolled students, including financially struggling but meritorious students, the freedom fighters children quota & others. Since its inception, the founders of Uttara University have adopted a policy of not only not paying any profit or dividend to themselves but to using a good proportion of its operating surplus towards nurturing merit and providing financial support to students in need.

Conditions and Rules for Financial Assistance

The following conditions will apply for the continuation of the tuition fee waiver for the following:

1. Founder Scholarship:

a) Students with a GPA of 5.00 in both SSC & HSC [with/without optional] will be awarded with 100% scholarship. Applicable for the students passing HSC within the last 3 years.

b) If any student gets an 'A' grade in 2 subjects at O level and passes at A level will be awarded with 100% scholarship.

2. Merit-Based Scholarship:

a) General Students who passed SSC and HSC will receive 20% to 100% scholarship.

b) Diploma Students will receive a 20% to 50% scholarship.

c) English Medium Students who have completed O and A levels will receive a 20% to 100% scholarship.

d) All the students of Master’s Programs will get a 25% scholarship.

3. Children of Freedom Fighters will be awarded with 100% Scholarship.

4. Siblings & Spouses: A 20% waiver can be given to later admitted students.

5. National player will be awarded a Scholarship.

6. Alumni and family: Eligible for a 20% waiver.

7. Physically challenged, ethnic minority groups and students of third gender may be granted a special waiver of a minimum of 30% on a case-to-case basis subject to submission of appropriate documents.

8. BEd, MEd, BPEd and MPEd students will get a 25% waiver.

Note:

  • No waiver/scholarship applies to LLB (Hons).
  • No tuition fee waiver for CGPA below 3.50 for undergraduate & graduate admitted students.
  • A tuition fee waiver will not apply for any course retake.

Loading...