(Approved by USM BOR on April 21, 2017; UMGC President on July 1, 2017)
Purpose and Applicability
This policy establishes the general prohibition on permitting salary advances against earned or unearned income for employees of University of Maryland Global Campus (UMGC), except in the limited circumstances described below.
UMGC does not permit salary advances, unless there is an error in processing an employee’s paycheck and such salary advance is approved by the Chief Human Resources Officer (CHRO).
The UMGC President has designated the Chief Human Resources Officer (CHRO) to administer this policy; to develop procedures as necessary to implement this policy; to communicate this policy to the UMGC community; and to post the policy and any applicable procedures on the UMGC website.
USM BOR VII-4.30: Policy on Salary Advances for USM Employees
UMGC 390.50: Salary Advances