Check Cashing (C-6)
Original Implementation: September 1, 1988
Last Revision: July 13, 2006
The Business Office in the Austin Building cashes checks for faculty, staff and students with a University I.D. The check cashing limit is fifty dollars ($50) per day. If an extenuating circumstance exists in which a student or employee needs to cash a check in excess of $50, authorization must come from the Controller, the Bursar in the Business Office or the Bursar's designee. Checks returned to the University for nonsufficient funds, payment stopped, or account closed will be collected by CheckMate. Any returned check fees charged to the University by CheckMate or the financial institution will be assessed to the individual. The University reserves the right to refuse personal checks from individuals who have a history of bad checks.
The University Business Office is not authorized to cash checks which are disbursed by the University (i.e., payroll checks, travel checks, etc.) except when used as payment on the payee's account.
Employees with a history of returned checks may be subject to disciplinary action.
Source of Authority: Vice President for Finance and Administration
Cross Reference: C-35 Returned Checks
Contact for Revision: Controller
Forms: None