The Cash Management unit works with the campus community, banking industry representatives, NC Department of State Treasurer and the NC Office of the State Controller (OSC) on banking and other cash management issues. We help departments set up petty cash funds and grant cash advances, escheat outstanding checks, provide Graduate Student Health Insurance, make wire transfers and invest in the University money market system for short-term investments.
This department reports to University Controller and Enterprise Financial Accounting.
Policies and Procedures
- 309 – Policy on Escheats
- 309.1 – Procedure on Reconciling, Reporting, and Escheating Abandoned Property
- Cash Advances
- Digital Disbursements
- Graduate Student Health Insurance Program (GSHIP)
- Imprest Checking Accounts
- Merchant Services
- Petty Cash Funds
- Prepaid Card Program
- Receivables Management
- Short Term Investments
- Wire Fund Transfers
Students who are completely remote and only attending classes via online do not have to take an action to waive out of the mandatory insurance plan. 100% remote students are not required to participate in the mandatory health insurance plan and are therefore not required to waive. The premium will be added to all University student accounts and will be automatically removed for 100% Remote and Carolina Away learners at the end of September.
The July 2020 GSHIP premium file has been uploaded into Connect Carolina and departments now have access to the GradStar GSHIP Administrator Premium Maintenance page to update allocations to Research Assistants/Teaching Assistants (RA/TAs).