Skip to Main content
Fund Reference Manual

Fund 23D - Student Achievement Council Tuition Recovery Trust Fund

Authority: RCW 28B.85.240
Admin Agency: Student Achievement Council - 3400
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Budgeted (Nonappropriated/Allotted) (B)
Earnings from Investments are: Retained by this fund under RCW 43.79A.040(4)(b).
Description: For the benefit and protection of any student or enrollee of a private school licensed under chapter 28B.85 RCW, for purposes including but not limited to the settlement of claims related to school closures.
Sources of Revenue: Fees imposed on schools licensed under chapter 28B.85 RCW, Interest income
Clientele: Students impacted by the voluntary or involuntary closure of schools regulated under chapter 28B.85 RCW.
Effective Date: 06/07/2018

ACFR Information

Account Code: 23D
Account Title: Student Achievement Council Tuition Recovery Trust Fund
Fund Type: BA - Special Revenue Funds
Rollup Fund: BG - Higher Education Fund
Closing GL Code: 9310 - Committed for Higher Education