FIN-005: Extension and Collection of Credit

This policy outlines how credit may be extended to students, faculty, staff, and other customers of the University and, once credit is established, how the receivable is to be collected. This policy and associated procedures are designed to minimize the number and amount of past due (delinquent) accounts receivable and the write-off of uncollectible balances.  

Policy Link (https://uvapolicy.virginia.edu/policy/FIN-005)

Next Review Date: Review In Progress