Georgia Tech has begun the process of dismissing an associate professor accused of taking more than $20,000 of funds intended for student stipends, the Institute said Friday.

Jochen Teizer, an associate professor of construction engineering and director of Tech's construction safety and technology laboratory, has been the subject on an internal investigation since October, when allegations were reported, Phillip Hurd, chief audit executive, told the campus in a memo.

Between six and 10 students and former students accused Teizer of forcing them to pay him several hundred dollars a month, Hurd said in the memo detailing the findings, obtained by The Atlanta Journal-Constitution.

"Interviews of the currently supported students indicated that several had paid large sums of cash to Dr. Teizer," the memo states. "Internal Auditing notes that one student admitted to paying over $10,000 in cash to Dr. Teizer in 2011."

Georgia Tech will reimburse the students for any improper payments made to Teizer.

A spokeswoman for State Attorney General's Office said Friday the case had been referred for further investigation.