Financial Administration

Appropriation 107

Title:  Student Aid

State Fund/Agency
Number		 Budget
Category		 Appropriation
Type		 Statute
Reference		 Cash Balance
Carryover
103/285 GPR Annual 20.285 (1) (ab) N/A

Statute Language:

The amounts in the schedule for aids to students.

Institutions Which Have Budget Authority for This Appropriation:

All institutions except System Administration and System Wide.

Allowable Major Classes of Expense/Revenue:

Financial aid and fringe benefits, work study, and student salaries.

Special Restrictions or Policies/Procedures:

  1. Position Control Policies
    Not applicable since there are no salaries in the appropriation.
  2. Budget Control/Transfers/Overdrafts
    See FAP - Budget Transfers (F5) for these limitations.
  3. Activity Code Limitations
    Use activity 9 only. See Activity Codes and Definitions for descriptions.

Year-End Instructions (lapse, carry forward, etc.):

Any unexpended or unencumbered current year budget dollars must be lapsed back to the the state at the end of the fiscal year. There is no cash balance to carry forward. The new year budget is increased by encumbrances carried forward to the new year; budgeted and accounted for in appropriation 107. Refunds of prior year expenditures are deposited to appropriation 100 as receipts (9209).

Special Instructions on Salaries/Fringe Benefits:

Budget transfers off the salaries/fringe benefits line are not allowed at any time for this appropriation.

Policy Paper References: