SECTION VIII: Fiscal and Business Affairs Policy Name Policy Number Resolution Authorizing the Associate Vice Chancellor for Financial Affairs to Approve Changes of Signatures on Bank Accounts VIII-1.00 (PDF Download) Policy for Capitalization and Inventory Control VIII-1.10 (PDF Download) Policy on Disposal of Surplus Personal Property VIII-1.20 Policy on Lost or Abandoned Currency or Tangible Personal Property on University System Premises VIII-1.21 Policy on Withdrawal of Funds from Bank Accounts VIII-1.30 (PDF Download) Forms Management VIII-1.40 Policy on Tuition VIII-2.01 (PDF Download) Policy on Payment of Tuition and Fees VIII-2.20 Policy on Waiver of Tuition and Granting of Other Privileges for Senior Citizens of the State of Maryland VIII-2.30 Policy on Tuition Waiver for Certain Members of the Maryland National Guard VIII-2.31 Policy on Institutional Financial Aid for Undergraduate Students VIII-2.41 Policy on Student Tuition, Fees, and Charges VIII-2.50 (PDF Download) Policy on Tuition Fellowships for Graduate Students VIII-2.60 Policy on Off-Campus Programs VIII-2.61 (PDF Download) Policy on Student Classification for Admission and Tuition Purposes VIII-2.70 (PDF Download) Policy on Waiver of Application Fees VIII-2.80 (PDF Download) USM Procurement Policies and Procedures VIII-3.00 (PDF Download) Policy on Approval of Procurement Contracts VIII-3.10 (PDF Download) Procedures Relating to Review by Attorney General's Office of Contractual Agreements of the University System and Involvement in Financing, Real Estate, and Related Capital Projects VIII-3.20 Policy on Use of Commercial Contractors for Employment VIII-3.30 Policy on Acquisition and Disposition of Real Property VIII-4.00 Procedures for the Acquisition and Disposition of Real Property VIII-4.01 Procedures for Leasing of Real Property VIII-4.02 Policy on Voting of Proxies in Investment Securities VIII-5.20 Policy on Endowment Fund Spending Rule VIII-5.30 (PDF Download) Policy on Management of the Endowment Fund VIII-5.40 Policy on Endowment Funds Investment Objectives VIII-5.50 (PDF Download) Policy on Business Activities VIII-6.00 Policy on Financial Management VIII-7.00 Policy on Reporting Suspected or Known Fiscal Irregularities VIII-7.10 (PDF Download) Policy on the Communication of Suspected Fraud, Unethical and Illegal Business Activity VIII-7.11 (PDF Download) Policy on External Audits VIII-7.20 (PDF Download) Policy on Responses to Legislative Audits VIII-7.30 (PDF Download) USM Internal Audit Office Charter VIII-7.50 (PDF Download) Policy on the Operating Budget VIII-9.00 Policy on Facilities Master Plans VIII-10.00 Policy on Facilities Renewal for Auxiliary and Non-Auxiliary Capital Assets VIII-10.10 (PDF Download) Policy on the Capital Budget of the USM VIII-10.20 (PDF Download) Policy on Authority Concerning Certain Public Improvement Projects VIII-10.30 Policy On Community Notification Of Capital Projects VIII-10.40 (PDF Download) Policy on University System Travel VIII-11.00 Schedule of Reimbursement Rates VIII-11.10 (PDF Download) Policy on Debt Management VIII-12.00 (PDF Download) Policy on Business Entities VIII-13.00 (PDF Download) Policy on Investments and Loans to Maryland-based Businesses that are Affiliated with USM Institutions VIII-14.00 (PDF Download) Policy on High Impact Economic Development Activities VIII-15.00 (PDF Download) Policy on Payment of Moving Expenses VIII-16.00 (PDF Download) Policy on Public-Private Partnerships VIII-17.00 (PDF Download) Policy on Unrestricted Fund Balances VIII-18.00 (PDF Download) Policy on Enterprise Risk Management VIII-20.00 (PDF Download) Policy on Crisis Management VIII-21.00 (PDF Download) Policy on Refunds to Students who Withdraw from all Courses or the Institution for Extenuating Circumstances VIII-22.00 (PDF Download) Policy on Tuition Remission as Other Financial Assistance VIII-23.00 (PDF Download) Rescinded, Renumbered, Moved and Merged Policies Policy Name Policy Number Interim Tuition Policy of the Board of Regents for FY 1990 Rescinded April 10, 2009 Tuition and Fee Guidelines for FY 1991 Rescinded April 10, 2009 Policy on Financing Commitments Combined with VIII-12.00 Policy on System Funded Loan Program Rescinded February 12, 2010 Policy on Service Contracts Rescinded June 14, 2024; incorporated into the USM Procurement Policies