Education
Disbursement of Institutional Student Loan
Recording the issuance of a loan directly from the school's own funds to a student.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Student Loans Receivable | Asset (+) | 2,000.00 | - |
| Cash / Student Tuition Account | Asset/Revenue | - | 2,000.00 |
💡 Accountant's Note
Some schools act as the lender. This entry creates a long-term asset (the loan) and pays off the student's current tuition bill.
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