Procedures ..... 46 Endowment Investment Access Control ..... 46 Endowment Spending Allocations ..... 46 Debt Management ..... 48 Policy ..... 48 Procedures ..... 49 Approval for Debit Financing ..... 49 Debt Capacity Calculation ..... 50 Issuance ..... 50 Post Issuance Compliance ..... 50 Capital Planning ..... 52 Procedures ..... 52 Fixed Assets Management ..... 56 Policy ..... 56 Asset Type Descriptions ..... 57 Procedures ..... 58 Acquisition of Fixed Assets ..... 58 Capitalization and Depreciation of Fixed Assets ..... 60 Physical Inventory ..... 63 Disposals and Surplus Property ..... 64 Fixed Assets Adjustments ..... 66 Student Revenue, Accounts Receivable and Collections ..... 74 Policy ..... 74 Procedures ..... 75 Maintain Accounts Receivable Detail Codes ..... 75 Student Billing for Tuition and Fees ..... 76 Bill Third-party Payers ..... 77 Other Student Billing ..... 78 Other Non-student/Non-grant Billing ..... 78 Processing Student Refunds ..... 80 Collections from Current Students ..... 80 Processing Student Separations ..... 81 Collections from Former Students ..... 82