CU Boulder accounts, such as student debt accounts, may be written off per CU policy. The proper procedure to complete the write-off steps depends on whether or not you department is managing those accounts through Central Collection Services (CCS) or through a private collection agency.
For either, some basic guidelines apply:
Private Collection Agency
In addition, please add a statement from from an authorized representative of your department that they are authorizning the write-off(s) on behalf of your department. The text may read, for example:
Recommended for Write-Off Information Required
Lastly, accounts that are greater than $20K should be listed separately from those under $20K. CCO recommends that the information be submitted on two separate spreadsheets: 1) accounts greater than $20K, and 2) accounts less than $20K . Both spreadsheets must contain all of the information requested above. The write-offs cannot be authorized without your department's information and your authorized approver's signature.
The accounts less than $20K will be reviewed in the CU Boulder Campus Controller's Office and if appropriate, approved here. The accounts greater than $20K will require a review by the CU Boulder Campus Controller's Office prior to our office submitting them to the OUC for final approval. You will be notified as soon as accounts are approved for write-off, or if there are any questions.
Accounts with CCS
CCS will send you a notification regarding any pending potential write-off accounts. If accurate, you should complete their write-off submission form. Be sure that someone from your department signs the document who is an authorized approver. Return the form to the CU Boulder Controller's Office and we will upload it to CCS with our approval or return it to your attention if there are questions.