Contractual CoursesTraining programsTraining and qualification contracts for private sector employees InvestmentInstallment programsInvestment programs in banks

Revenue estimation is based on the average of the last three years. Study the needs of the benefiting departments. Distribute the budget across the approved expenditure categories in the regulations.

Storing and monitoring bank guarantees Renewing bank guarantees Releasing or confiscating bank guarantees

Requests are audited and reviewed to ensure compliance with the applicable conditions and procedures. Review and audit of loan requests. Review and audit of disbursement of purchase order and contract entitlements. Review and audit of loan settlements.

Coordinating with the Student Affairs Agency and the Payments Department for the disbursement of student allowances. Processing student clearance. Disbursing grants and loans to students. Monitoring the closure of loans disbursed to students. Updating and reviewing the scholarship file.

Disbursement according to the approved expenditure categories outlined in the regulations, which include several items. Preparing and recording payment orders in the system, and obtaining approval from authorized individuals. Preparing and sending bank letters to the banks.

All financial transactions are recorded in the accounting financial system. Monitoring the balance of items through the financial system. Issuing all financial reports.

Receiving requests for reserving amounts for purchase orders and contracts. Completing the necessary financial procedures and approvals. Submitting to the Director General of Education for approval and consent. Coordinating with the Finance and Budget Department to link with the Ma’arif system.

All accounts are closed in the accounting records at the end of each month. Bank reconciliations are prepared, and the necessary financial procedures and approvals are completed

At the end of the fiscal school year, the accounts for the final month are closed. The financial position is prepared to reflect all assets and liabilities, in addition to revenue, expenditure, and bank account balances

Visits by members of the Internal Audit Department to the Education Funds Department. Discussing the procedures in place. Addressing observations. Responding to audit reports.

Visits by members of the General Court of Audit to the Education Funds Department to review documents, accounting records, and the final account. Preparing a dedicated workspace for the General Court of Audit members. Discussing observations and providing the required documents and records. Addressing the audit observations.

Visits by members of the external auditor’s office to the Education Funds Department to review accounts, records, and the final account. Discussion of the final account. Addressing audit observations.

Coordination is carried out with the Finance Department of the Royal Commission to complete the following financial procedures: Financial commitments Resolving observations from regulatory bodies Following up on the collection of Qist Program revenues through deductions from the entitlements of benefiting employees

Diversifying income sources by investing fund assets, contributing to their growth and value maximization.