"Restricted Funds"

From: Ronald G. Allan (allanr@georgetown.edu)
Date: Thu Aug 16 2001 - 16:53:23 EDT


Colleagues,

     Lately, I have been working with the definitions associated with
tuition discounting on projects associated with the financial aid
community. I have come to suspect that the financial aid community uses
the term "restricted funds" to stand for what some call the "Simple
Tuition Discount." I am under the impression that since the passage of
FASB 116 and 117, the term "restricted funds" would no longer, at least
technically, have anything to do with the "Simple Tuition Discount."
However, I would like to be better informed before I go putting this in
articles and research papers. So, I was wondering if any of you have an
opinion on who the world's leading expert is on "restricted funds," in
an accounting context, and how they relate to tuition discounting.

                       Thanks much,

                             Ron

--
                     Ron Allan
                     Assistant to the Dean for
                     Research and Data Services
                     Office of Student Financial Services
                     Georgetown University
                     Washington, DC 20057

**************************************************************** * Internet: ALLANR@.GEORGETOWN.EDU * * Phone: 202-687-8967 * * Fax: 202-687-6542 * * "Sara Murphy was right." * ****************************************************************



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