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Accounts VIII-1.30 (PDF Download) Forms Management VIII-1.40 Interim Tuition Policy of the Board of Regents for FY 1990 Rescinded April 10, 2009 Policy on Tuition VIII-2.01 (PDF Download) Tuition and Fee Guidelines for FY 1991 Rescinded April 10, 2009 Policy on Payment of Tuition and Fees VIII-2.20 Policy on Waiver of Tuition and Granting of Other Privileges for Senior Citizens of the State of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 Financing Commitments Combined with VIII-12.00 Policy on System Funded Loan Program Rescinded February 12, 2010 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 Service Contracts Rescinded June 14, 2024; incorporated into the USM Procurement Policies