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Fund 503 - Tuition Recovery Trust Account

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Authority:
Admin Agency:
Workforce Train & Educ Coord Board - 3540
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Budgeted (Nonappropriated/Allotted) (B)
Earnings from Investments are:
See Public Notes section below
Description:
All funds collected for the tuition recovery fund are payable for the benefit and protection of any Washington State student or enrollee of a private vocational school licensed under this chapter.
Sources of Revenue:
Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Clientele:
Vocational education students
Effective Date:
06/30/1987
Inactive Date:
Public Notes:
Investment earnings are retained by this fund per RCW 43.84.092(4)(a) which is for treasury accounts. This is a treasury trust fund, so it should be referenced in RCW 43.79A.040(4)(a) instead.

CAFR Information



Account Code:
503
Account Title:
Tuition Recovery Trust Account
Fund Type:
BA - Special Revenue Funds
Rollup Fund:
BG - Higher Education Fund
Closing GL Code:
9310 - Committed for Higher Education