The Office of the Vice President, Chief Financial Officer and Comptroller announces an open comment period (beginning June 8th and closing June 21st) for a new policy outlining the proper way to process and account for postdoctoral fellowship payments within Banner.
Highlights include:
- Definition of postdoctoral fellows and postdoctoral fellowships.
- Ensuring postdoctoral fellows are aware of the applicable implications of receiving a postdoctoral fellowship payment (payment).
- Types of payments (i.e., stipends and non-stipend).
- Ensuring a valid accounting string (i.e., C-FOAP) is used to process payments.
- Using the correct process to initiate the payment, which varies by university.
Contact
For questions contact the Policy Office at (312) 585-9071 or obfspolicies@uillinois.edu.
