Writing to inform you of important changes in our process for managing allocated funds, including summer tuition and Facilities & Administrative (F&A) cost recovery funds.
Effective July 1, 2024, the Administrative Service Charge (ASC) and the associated policy 6.17 Administrative Service Charge have been eliminated by the University of Arizona.
Throughout a fiscal year, the University receives Automated Clearing House (ACH) and wire payments that are posted in the UAccess Financials Electronic Payment Claim area.
ERE rates for fiscal year 2024-25 have been approved by the U.S. Department of Health and Human Services and Cost Allocation Services and will go into effect on July 1, 2024.
Effective July 1, 2024, and affecting transactions in fiscal year 2024-25, Financial Services and the Office of Budget and Planning will be making the following changes