Cash Handling

Departments or student organizations that wish to accept payment must follow this policy and consult our office prior to receiving any form of cash (including any credit card processing).


The spending policy is intended to achieve a balance between the need to preserve the purchasing power of the endowment principal and current support to programs designated by contributors.

Non-Endowment Funds Investment

This policy governs investment of the University's non-endowed funds (e.g., operating cash, core cash, long-term capital pools), with the objective of earning market rates of return while accepting a low level of market risk.