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CamelWeb

Office of the Controller

Procurement

Accounts Payable

Payroll

Accounting Services

Student Accounts

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Precision in Every Figure. Strategy in Every Move.

Welcome to Connecticut College’s Business Services website.

We don’t just crunch numbers; we provide the financial integrity and strategic insights that power the college’s needs. Our department serves as the backbone of fiscal responsibility, ensuring transparency, compliance, and long-term stability.

What We Do

Our team manages the complex financial landscape of the college, ensuring every dollar is accounted for and every department has the resources it needs to thrive.

  • Student Accounts & Billing: Managing tuition payments, payment plans, and refunds.
  • Payroll: Ensuring our faculty and staff are compensated accurately and on time.
  • Grants & Restricted Funds: Overseeing the financial compliance of research grants and institutional scholarships.
  • Accounts Payable: Processing vendor payments and maintaining institutional credit.
  • Financial Reporting: Preparing annual audits and budget forecasts to ensure long-term stability.
  • Budgeting: Helping departments navigate the intricacies of Zero-Base Budgeting (ZBB) to ensure efficient resource allocation.
  • Procurement: Negotiating contracts, presenting Requests for Proposals (RFPs), and managing vendor relations to secure the best value for institutional purchases.

Our Core Principles

Pillar Our Commitment
Accuracy We eliminate guesswork through rigorous reconciliation and data integrity.
Transparency Clear, accessible financial data for stakeholders at every level.
Collaboration We aren't a silo; we are a partner in every department's success.

Divisions


Summer_8_Misc

Procurement

Negotiating contracts, presenting Requests for Proposals (RFPs), and managing vendor relations to secure the best value for institutional purchases.

Learn More
Summer_8_Misc

Accounts Payable

Processing vendor payments and maintaining institutional credit.

Learn More
The chapel spire extending into the sky.

Payroll

Ensuring our faculty and staff are compensated accurately and on time.

Learn More
A photo of the outside of the Athey Center

Accounting Services

Preparing annual audits and budget forecasts to ensure long-term stability.

Learn More
A photo of the outside of the Athey Center

Student Accounts

Managing tuition payments, payment plans, and refunds.

Learn More
Spring tour photo by the green.

Budgeting

Helping departments navigate the intricacies of Zero-Base Budgeting (ZBB) to ensure efficient resource allocation.

Coming Soon

FAQs

What is the difference between Accounting and Finance?

Accounting (The Past): It is the process of recording, reporting, and analyzing past financial transactions. Its goal is accuracy and compliance. Accountants ensure that every dollar spent or earned is documented according to specific rules.

Finance (The Future): It is the process of using the data provided by accounting to plan for the future. Its goal is value creation and wealth maximization through budgeting.

What does the “first dollar rule” mean?

The Rule: If you have multiple pots of money to pay for a project—some "restricted" (can only be used for a specific purpose) and some "unrestricted" (can be used for anything)—you must use the restricted dollars first.

Why it matters: Donors give money with "strings attached." It is best practice to honor the donors’ wishes by using that funding first. Using the restricted "first dollar" ensures compliance and keeps the general funds available for other needs.

What does “zero based budgeting” mean?

Building a zero-based budget is a method where the department builds their budget for the year by starting at zero and forecasting their financial needs. This ensures that every single dollar has a specific "job" to do—whether that’s paying for equipment, salaries, or other department expenses. Budget managers often look at what the department spent last year to determine the costs for next year’s programs and events.

How can I update my direct deposit information?

Direct deposit forms are located on CamelWeb as well as on Dayforce. You will need to print off the form and fill out the information. Once filled out you will need to mail the form to the Payroll Department at Nichols House or you can drop off the form at our office.

How can I submit my travel/expense reimbursement?

Faculty and Staff can submit out of pocket expenses for qualified reimbursements on CTW with itemized receipts within 30 days of purchase.

How can I submit a request for payment for an individual who provides services?

A non-employee who provides services, such as independent contractors, honoraria, entertainers, etc, should provide a completed W-9. Then the W9 along with a Request for Payment Form and an Agreement/Letter of understanding to Accountspalyable@conncoll.edu.

Additional paperwork may be required by Accounts Payable to comply with IRS regulations and Connecticut College policy.



Accounting Office

E: accounting@conncoll.edu

Mailing Address

Connecticut College
270 Mohegan Avenue
New London, CT 06320

Campus Location

Nichols House, South Campus

Office Hours

M-F: 8:30 a.m. - 5:00 p.m.

Summer Hours and during breaks

M-F: 8:30 a.m. - 4:00 p.m.

Connecticut College
270 Mohegan Avenue
New London, CT 06320
admission@conncoll.edu
1 (860) 447-1911
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NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS

Connecticut College admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to all students at the college. It does not discriminate on the basis of race, color, national and ethnic origin in administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other college administered programs.