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.

ICA Travel Per Diem

Student Athletes will receive per diem for travel expenses as Cash Advance via Zelle. Zelle is a touchless e-payment that electronically routes funds to the student's personal bank account.

  • Utilization & disbursement of cash is not permitted for per diem.
  • For special situations only, Prepaid Debit Cards may be funded, disbursed, and collected upon travel completion.

Student Organization Treasurer Training, Deposit Policy

Follow the policy for Making Deposits.

Change Funds

Follow the policy for Change Funds.