Policies

The University complies with U.S. Immigration and Tax laws and provides guidance for applying taxes to scholarship/fellowship payments made to foreign national students and fellows.(Note: Financial Operations & Tax is prohibited from providing tax or legal advice. Students are encouraged to consult their own tax advisor.)

Requirements for making outgoing electronic funds transfers (EFTs) for the University have been established in order to protect against cyber fraud and to reduce the risk of loss. This policy is intended for employees who enter EFT transactions into a banking system but excludes batch ACH files transmitted to the bank using a system-to-system direct interface and EFTs initiated by an external party.

To provide a process whereby a University department may seek restitution and recovery from third parties for departmental damage.

To provide a process whereby a University department may seek restitution and recovery from third parties for departmental damage.

The policy establishes guidelines and requirements for University units, University-Associated Organizations, and other University-affiliated external parties to borrow money from the University’s Internal Bank for certain approved purposes.

The policy establishes guidelines and requirements for University units, University-Associated Organizations, and other University-affiliated external parties to borrow money from the University’s Internal Bank for certain approved purposes.

The policy establishes guidelines and requirements for University units, University-Associated Organizations, and other University-affiliated external parties to borrow money from the University’s Internal Bank for certain approved purposes.

The policy establishes guidelines and requirements for University units, University-Associated Organizations, and other University-affiliated external parties to borrow money from the University’s Internal Bank for certain approved purposes.

This policy sets forth the requirements for establishing and managing University revenue generating activities and the rates that can be assessed: 1) to students as a condition of their enrollment; 2) by internal service providers; and 3) as nuisance charges to prevent abuse of services. This policy is necessary so that the assessed rates reflect actual costs and are consistently applied.

This policy sets forth the requirements for establishing and managing University revenue generating activities and the rates that can be assessed: 1) to students as a condition of their enrollment; 2) by internal service providers; and 3) as nuisance charges to prevent abuse of services. This policy is necessary so that the assessed rates reflect actual costs and are consistently applied.

This policy sets forth the requirements for establishing and managing University revenue generating activities and the rates that can be assessed: 1) to students as a condition of their enrollment; 2) by internal service providers; and 3) as nuisance charges to prevent abuse of services. This policy is necessary so that the assessed rates reflect actual costs and are consistently applied.

Requirements for making outgoing electronic funds transfers (EFTs) for the University have been established in order to protect against cyber fraud and to reduce the risk of loss. This policy is intended for employees who enter EFT transactions into a banking system but excludes batch ACH files transmitted to the bank using a system-to-system direct interface and EFTs initiated by an external party.

To provide a process whereby a University department may seek restitution and recovery from third parties for departmental damage.

Requirements for making outgoing electronic funds transfers (EFTs) for the University have been established in order to protect against cyber fraud and to reduce the risk of loss. This policy is intended for employees who enter EFT transactions into a banking system but excludes batch ACH files transmitted to the bank using a system-to-system direct interface and EFTs initiated by an external party.

Direct deposit benefits both the employee and the University. Benefits to the employee include:No lost or stolen checks;No unclaimed or un-cashed checks;Elimination of long payroll and banking lines and wasted time cashing checks; andAssurance that payments will be automatically deposited while on vacation, sick leave or out of town.Benefits to the University include:Reduced processing time and requirements for check reconciliation;Elimination of forged, stolen or lost checks;Reduced operating costs;Improved productivity; andEnhanced cash management by increasing predictability of cash flows.

Direct deposit benefits both the employee and the University. Benefits to the employee include:No lost or stolen checks;No unclaimed or un-cashed checks;Elimination of long payroll and banking lines and wasted time cashing checks; andAssurance that payments will be automatically deposited while on vacation, sick leave or out of town.Benefits to the University include:Reduced processing time and requirements for check reconciliation;Elimination of forged, stolen or lost checks;Reduced operating costs;Improved productivity; andEnhanced cash management by increasing predictability of cash flows.

This policy describes how various types of Academic Services are classified and paid by the University.

This policy describes how various types of Academic Services are classified and paid by the University.

Acceptance of gifts or other special benefits from vendors can give the appearance of impropriety, compromise the employee’s integrity or potentially place an employee in a conflict of interest situation. In certain circumstances, the employee also could be subject to criminal prosecution.

This policy sets forth requirements for establishing and managing University of Virginia bank or other Financial Institution Accounts, to provide for effective oversight and control over University funds and financial assets.