The Tango Card program is one of several options the University offers to help researchers compensate study participants in a fiscally responsible and safe manner. This program was developed by cross-departmental collaboration between the Office of the Vice Chancellor for Research (OVCR), the Office of Sponsored Programs (OSP), and the Division of Finance and Operations (Finance).
Category: Cash Management News
The May 2023 GSHIP premium file has been uploaded into Connect Carolina. Total cost allocation is $395.05; last day to make changes is Tuesday, May 23. Please note important deadlines in this memo for students who are graduating.
Beginning 4/24/2023, the Office of the Vice Chancellor for Research (OVCR) and the Office of Sponsored Programs (OSP) will offer a process to procure gift cards for study subject incentives when the following apply: the cash advance is not expedient; a voucher payment for an outside party is not viable and the department/research team does not have a P-Card approved for this purpose.
As communicated in the March 13 Finance memo, the closure of the Bank of America (BoA) prepaid card program is forthcoming on June 30, 2023.
The April 2023 GSHIP premium file has been uploaded into ConnectCarolina. The total cost allocation must equal the monthly premium amount of $395.05. The last day to make changes in the system will be Thursday, April 20, 2023.
Bank of America (BoA) has notified the University (UNC) that the prepaid card program and the prepaid administration tool (PAT) serviced by BoA will terminate effective June 30, 2023. UNC Finance and Operations (Finance) and the Office of Sponsored Programs (OSP) are evaluating new platforms to continue the prepaid card program.
The March 2023 GSHIP premium file has been uploaded into ConnectCarolina. The total cost allocation must equal $395.05. The last day to make changes us Thursday, March 23, 2023.
Finance and Operations recently updated forms used to request cash advances. These forms do not apply to sponsored projects. As a result, the Office of Sponsored Programs (OSP) will be utilizing the previous version of the advance request forms while we develop new OSP forms designated for cash advance requests and reconciliations on sponsored projects.
Cash and coin deposits will be processed separately from check deposits beginning next Monday, Dec. 12, 2022. Please alert all relevant staff members to this new requirement and see the updated Quick Reference Card for new instructions.
Please note and share as appropriate the following adjusted deadlines related to the December 2022 month-end processing of cash, checks, credit card, and electronic payments submitted through the Cashier’s Office. These adjustments to the usual monthly deadlines are due to the long winter holiday break.