A Bursar's a senior professional financial administrator in a school or university. According to the bursar's website at San Jose State University, “Bursar's a term unique to higher education and means a Business Officer, or Custodian of University Funds. Our office's responsible for the billing and collection of tuition, fees, campus housing and other university related charges." Bursa's a Latin word meaning "purse". Billing of student tuition accounts are the responsibility of the Offic… (More on Bursar)