Appropriate Use of University Funds Standards

Spending is guided by University Policy 601.8, Appropriate Use of University Funds. Policy 601.8 is supported by standards developed by Financial Services.

These standards outline minimum requirements related to common fund expenditures and are designed to assist departments with implementing Policy 601.8. All departments must comply with the standards by following prescribed procedures or by developing unit-specific procedures that meet or exceed the minimum requirements established by the standards.

The Allowable Fund Use Table provides an overview of allowable fund sources for common fund expenditures.

STANDARDS

• Standard for Conferences and Events
• Standard for Expenditures from Distinguished Professorship Funds – New February 2024
• Standard for Gifts, Awards, and Other Payments
• Standard for Marketing and Development
• Standard for Meals and Entertainment
• Standard for Student-Oriented Activities

ALLOWABLE FUND USE TABLE

Click the image below to enlarge:

TRAINING

Sources and Uses of University Funds Training

Last Updated: February 1, 2024