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Business and Financial Policies and Procedures

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  • Open Comment Period: February 11 - February 18, 2019

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drahn@illinois.edu Feb 14, 2019 2:52 pm

I'm confused by the policy statements regarding the consequences if the advance isn't closed in a timely manner.  If not closed in 60 days, it's reported as income.  If not closed in 90 days, it is taken from my wages.  It must be either/or, I think - so this confuses me.  You wouldn't do both for the same 'over due' advance closure, would you?