Department Change Funds

This policy applies to all department offices at the University of Nebraska-Lincoln(UNL).

Cash cannot be withheld from a deposit for the purpose of adding to or creating a Change Fund.  Change Funds are obtained, increased, or decreased only by approval of the Assistant Vice Chancellor for Financial Services through the Bursar’s Office.

A Change Fund is consigned to an individual, the Change Fund Custodian, within the department of the retail operation.  The Change Fund Custodian is responsible for maintaining the Change Fund.  If a change in staff or some other change occurs regarding this fund assignment, the Bursar's Office must be notified immediately.  The Change Fund is consigned to the new Change Fund Custodian by completing the appropriate forms at the Bursar's Office.

This policy is intended to establish a cash fund to make change in a cash receipting detail operation.

Change Fund – A cash fund established to make change at any department that allows cash transactions. 

Change Fund Custodian – The individual assigned to be in charge of the change fund.

Bursar's Office - Questions/Interpretations

402-472-1734, bursar@unl.edu