(ECNS) -- Beijing Normal University has apologized for not giving scholarships to students on time and promised to address the issue in one week.

The university said on its official Weibo account that an update of the university's computer system caused the delay.

An article published on popular mobile messaging platform WeChat said 24 students including those from Hong Kong, Macao and overseas Chinese have not received their scholarship funds.

The article, with punchy headline "Asking for Payment of Debt," said the university published scholarship information on Jan 4, but students from 2012 still haven't received the money after they graduated.

The article also said none of the departments at the university claimed responsibility for the delay when questioned.

Beijing Normal University is a renowned institution of higher education known for teacher education, science and basic learning in both the arts and sciences. The university's predecessor, Normal College of the Imperial University of Peking, was founded in 1902.