201.0 VII-4.30 - POLICY ON SALARY ADVANCES
 
  (Approved by the Board of Regents, June 21, 1990)
 
 
  1.   Salary advances against unearned income generally shall not
       be made to employees.
 
  2.   Exceptions to this Policy shall be authorized by the Chief
       Executive Officer of the constituent institution or
       component.
 
  3.   Authorized salary advances shall not exceed 90 percent of
       the expected biweekly salary.
 
  4.   Copies of the authorization shall be provided to the
       Chancellor.
 
  5.   The advancing of sick leave as provided by the University of
       Maryland System is exempt from the provisions of this
       Policy.