1.   The Bursary department are the Chief Financial Officer of the University.

2.   Bursary department shall supervise the preparation on annual budgets and allocation of funds to the various units of the proposed University following the approval of the Council.

3.   They shall initiate the procedures for auditing the accounts of the University and present same for consideration to the Council.

4.   They shall be responsible to the Vice-Chancellor for the day-to-day administration and control of the financial affairs of the proposed University.