Off-Campus Work-Study Payroll
About This Policy
- Effective Date:
- Date of Last Review/Update:
- Responsible University Office:
- Financial Management Services
- Responsible University Administrator:
Vice President and Chief Financial Officer
- Policy Contact:
Director of Payroll, Customer Service and Training
- Policy Feedback:
- If you have comments or questions about this policy, let us know with the policy feedback form.
- Print or view a PDF of this policy
- Many policies are quite lengthy. Please check the page count before deciding whether to print.
Off-campus work-study agencies shall adhere to procedures established by Financial Management Services in matters pertaining to the reporting of time worked and in maintaining deposits with Indiana University sufficient to cover the agency’s share of work-study wages.
In particular, the following restrictions apply:
Time sheets: All agencies will use the University timekeeping system, unless an exception has been made by the Workstudy Coordinator. All timesheets must be approved by the agency payroll supervisor by Tuesday at 5pm of the week following the end of the pay period. Agencies who do not approve their timesheets, will be at risk of losing their work study contract.
Late Time Sheets: For those agencies that have been given an exception to use paper timesheets, timesheets must be signed by the agency payroll supervisor and turned in by 5pm on Tuesday following the end of the pay period. Late time sheets submitted for time worked will be honored for inclusion in the next payroll. If the timesheet is received after the work study period is closed (i.e. academic year), the agency will be billed for 100% of those wages. Time submitted for which the employee does not have a work study award will be returned to the agency for payment by the agency. In this case, the agency is the employer rather than the University.
Agency Deposits: The agency’s share of work-study wages will be on deposit with Indiana University prior to the hire being processed by the University. When an employee exceeds their award balance, the University will pay the employee for wages earned. The agency will then be billed for the total amount of the payment.
Account Balances which have been inactive for one year or longer will be refunded to the agency. Refunds will be made at other times on inactive accounts upon request by the agency.
Work-Study Recipient: A student who meets the federal college work-study program requirements and is awarded an allotment of college work-study by the Office of Student Financial Assistance (OSFA) to subsidize school expenses.
|Policy, Procedure||Linda Morrowemail@example.com|
Previous policy stated that the employee’s wages will be held by FMS, which is no longer true. Previous policy also addressed acceptance of Claim Vouchers which is no longer applicable.