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Student Financial Services

Student financial services (SFS) describes how colleges and universities provide students and families with finance-related services, such as applying for financial aid and paying a tuition bill, along with the associated business processes necessary to pay for college. 

Compliance Issues

Resources for Student Financial Services Professionals

U.S. Department of Education Resources

Related Pages

SFS Regulations   ED Regulations   ED Archives


Bryan Dickson

Assistant Director, Advocacy and Student Financial Services



Student Financial Services Award Recipient

Doug Schantz is a consummate leader and strong advocate for financial literacy education. In his role as director of the office of student accounts and through his dedication to volunteer work, Doug has made a major impact on the field of student financial services, Wittenberg University, and the community at large.

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Doug Schantz


2019 NACUBO Student Financial Services Benchmarking Report Released

October 02, 2019

This year's results show student payments and credit balance refunds are increasingly handled electronically. The report also provides benchmarking data on student account and loan receivables, third-party payments, staffing, and expenditures for student financial services.

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  • January 27, 2020

    ED Seeks Comments on Proposed eZ-Audit Changes

    The Department of Education’s Office of Federal Student Aid is currently seeking comments on proposed changes to the eZ-Audit system institutions use to submit financial responsibility information. Comments are due by February 24, and NACUBO is preparing to respond.

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  • December 16, 2019

    At ED’s Annual Conference, DeVos Proposes Spinning Off Federal Student Aid Office

    At the gathering of over 5,000 financial aid professionals, Secretary of Education Betsy DeVos proposed making the Office of Federal Student Aid a separate agency run by an apolitical board of directors. Other conference sessions of interest to the business office are available online.

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Business Officer

The Business Officer magazine is available at


Build your knowledge, skills, and professional network through NACUBO professional development.

Student Financial Services Council

NACUBO members can contribute, participate and volunteer in many ways.

Press Releases

  • January 06, 2020

    NACUBO Launches Consulting Service for Colleges and Universities

    Customized financial solutions will be available to campuses of all sizes.

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  • September 27, 2019

    NACUBO Student Financial Services Benchmarking Report

    The annual Student Financial Services (SFS) Benchmarking Report examines trends in student financial services operations, staffing, and SFS operating budgets at NACUBO member colleges and universities.

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Upcoming Events

  • March 22, 2020

    2020 Student Financial Services Conference

    March 22-24 | Portland, OR

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