Effective Date: September 1, 2019
This PSC Procedural Statement sets forth the principles and needs under which workers may get money advances to aid University travel.
This Procedural Statement is divided in to the following sections:
A. Requirements for Payday Loans B. Requesting Payday Loans C. Special Considerations: Repayments for Services D. Reconciling Payday Loans
The University may issue a cash loan to a member of staff to pay for situations that are specific as described in requirements for payday loans, below.
Payday loans might only be given to University workers. Non-employees (including affiliate financial staff, associates, and pupils) aren’t entitled to get advanced level funds.
A. Requirements for Payday Loans
Anticipated costs that could justify issuance of an advance loan are generally linked to the situations that are following.
- Group Travel: a worker is part of a small grouping of three or even more employees/non-employees planing a trip to the location that is same the exact same official University company. This employee will cover expenses (e.g., per diem, lodging, transportation) for the group, including but not limited to distributing cash so group members can cover their meal expenses individually during the trip.
- Extensive keep: a member of staff (or a member of staff leading an organization, as discussed in Group Travel above) is performing formal college company that calls for a stay in excess of fourteen days. […]