My department operating budget has a line called “Graduate Assistant Awards” (its object code 71155). May I use these funds for to pay for tuition remission for my graduate assistants?
The budget on 71155 is intended to be used for graduate assistant wages, salaries, stipends and/or tuition remission. The actual expenses are charged to the appropriate expense object code at the time the payment is made (e.g., 71130 Graduate Assistant Wages, 71135 Graduate Grading Assistant Wages, 71140 Graduate Technical Assistant Wages, 71145 Graduate Teaching Assistant Salaries, Tuition Remission 82010, and Graduate Research Assistant Stipends 82570). You should process a working budget entry to move the funds from object code 71155 to the appropriate object codes. You may move the funds to other salary lines (e.g., 71130 71145) anytime; however, funds can only be moved to graduate assistant non-salary lines (e.g., 82010 & 82570) after the expenses have been incurred.
Related Questions
- What do I do at the end of the fiscal year if the budget in a certain line item is spent and we urgently need to purchase something using that object code?
- I do not see a line item (object code) for furniture and I need to order furniture. How do I create a new line time to cover this expenditure?
- What is the difference between a program number (budget number) and an object code (line item)?
