MONITORING THE UNIVERSITY DEBTS AND DEBTOR’S ABILITY TO PAY.

Abstract

Monitoring the university debt is very important duty for the financial office in campus of Suan Sunandha Rajabhat University. This is because as debt become overdue. There many high risk of non-settlement. It has become a good practice of the university to always keep monitoring debts and debtor’s ability to pay. Effectiveness of monitoring debts and debtors helps to enhance the university’s image and it is essential to enhance public confidence about the strong financial process of the higher education institutions. The purposes of this study were to monitoring the problem of university debts and to evaluate the ability to pay of debtors. The study utilized a quantitative research technique and a total of 15 staff and faculty members was chosen for an in-depth interview and focus group. The findings from the respondents of this focus group unveiled that they were very happy with the system of debt monitoring of the university which was very effectives and give them enough warning and notice in a polite way but very assertive. However, a unified debt management system is needed to implement for the future monitoring and managing debts effectively. The development of the new system should include data connectivity decision making process, and communication and flow process collection, and debt management.