Finance

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Finance
Fall 2012 - Finance What's Up? Presentation

Our Fall 2012 What’s Up? presentation is scheduled Thursday, September 27, from 2:00pm to 3:30pm, in Engineering 189. Held twice a year, the Finance What’s Up? presentation is designed to keep the campus informed of the latest news, updates, and goals for the departments within our service group. The Fall 2012 agenda includes:

  • Updates from the Associate Vice President for Finance, highlighting enhancement plans for 2012/13
  • Presentation of improvements to student services
  • Information on campus miscellaneous trust fund
  • Updates to procurement pathways

All members of the campus community with procurement, accounting, and/or budgeting responsibilities are encouraged to attend. No reservation is required. We hope to see you there!

If you have any questions, please contact FinanceConnect at 924-1558.

New and Improved Service for International Students

The University has partnered with peerTransfer© to offer an innovative and streamlined way for students to make international tuition, fee and housing payments.  This will save international students and their families money that would otherwise be lost on bank fees and unfavorable foreign exchange rates.   With peerTransfer©, students are offered excellent foreign exchange rates, allowing them to pay in their home currency (in most cases) and save a significant amount of money, as compared to traditional banks.  

In addition, the posting of the payment onto the student's university account will be faster. Students will be able to track where the payment is in the transfer process via a student dashboard and will be notified via email when it is deposited into our account. The Bursar's Office will also be able to track the student's payment via our dashboard, once the transaction has been initiated at the bank sending the payment. peerTransfer© also provides the student excellent support through the process with a live chat system. This payment option is now available and we will message our international student population directly regarding the new payment method. For more information, please visit the Bursar's Office website.

Expanded Use of the University ProCard

Using your ProCard to purchase goods and services is now easier than ever. After a recent review of the various Procurement Pathways, we are happy to announce expanded use of the University ProCard! A few of the newly allowed items include:

  • Advertising Services
  • Computer Monitors
  • Equipment less than $5,000
  • Software

We’ve also made improvements to how the Pathways information is presented. We’ve created a Procurement Pathways page on the Finance website, providing a snapshot of each Pathway’s intended purpose and common items procured. Rather than dredging through lists of allowable and prohibited expenses for each Pathway, we’ve consolidated all this information into one comprehensive Standard Exclusions list. Presented in a table format, the Standard Exclusions list includes those items that:

  • Have purchase restrictions
  • Are restricted to a specific Pathway, or
  • Are prohibited altogether

These recent enhancements should make obtaining products and services easier and more efficient. Please feel free to contact FinanceConnect with any questions.