The Office of the Vice President, Chief Financial Officer, and Comptroller announces an open comment period for policy 12.5.2 Expensed Lease or Housing Stipend for a Non-University Owned Residence or Apartment from August 23, 2024 until September 6, 2024. The policy has been updated to remove the requirement for submitting a lease for a Long Term Residence Stipend (more than one year). The university retains the right to ask for one, but it is no longer an advance requirement to create a stipend.
The lease requirement is still in place for Short Term Residence Expense Reimbursement (one year or less).
Contact
If you have questions about the updates to the policy, please contact the CFO Business and Finance Policy Office at obfspolicies@uillinois.edu.
