Chart of Accounts

3001

UNDERGRADUATE TUITION

Revenue from tuition assessed to undergraduate students enrolled in a credit program.

3002

TUITION ALLOCATED

Used to allocate School of Nursing tuition revenue. FINANCE USE ONLY.

3010

GRADUATE TUITION

Revenue from tuition assessed to graduate students enrolled in a credit program.

3015

PROFESSIONAL TUITION

Revenue from tuition assessed to students enrolled in a professional school.

3020

CERTIFICATE TUITION

Revenue from tuition charged to participants in the certification programs such as Executive Education.

3025

CONTINUING EDUCATION TUITION

Revenue from tuition charged to participants in continuing education programs.

3030

PRIOR YEAR TUITION ADJUSTMENTS

Reflects adjustments to prior-year tuition revenue.

3035

SUMMER &/OR INTERSESSION TUITION

Revenue from tuition assessed to students enrolled in summer/intersession term classes.

3040

APPLICATION FEES

Revenue received from fees charged prospective students for admission to the University.

3041

REGISTRATION FEES

Revenue received from fees charged new students upon their acceptance of admission to the University.

3043

COURSE/LAB FEES

Revenue received from fees charged to students who are taking courses which require lab work.

3045

DROP/ADD OR LATE FEES

Payments received from students for changing classes during a semester/quarter or for late registration processing.

3047

FORFEITED DEPOSITS

Revenue realized from admission deposits which have been forfeited by students.

3048

THESIS OR DISSERTATION FEES

Revenue received from fees charged to students for thesis or dissertation review and approval.

3060

GRADUATION FEES

Fees charged to students applying for graduation.

3061

TRANSCRIPT FEES

Revenue received from fees charged to current/prior students for transcripts.

3065

STUDENT ACTIVITY FEES

Revenue received from fees charged to students for the provision of certain non-academic student services.

3070

STUDENT DEVELOPMENT ACTIVITY FEES

Revenue received from fees charged to students for the provision of certain non-academic student services within the Student Development division.

3071

RESIDENCE HALL FEES

Revenue allocated from fees charged to students in residence halls (internal use only).

3081

STUDENT HEALTH FEES

Revenue received from fees charged to students for the provision of health insurance coverage.

3090

OTHER FEES

Revenue from fees not separately identified.

3610

EXTERNAL PROGRAM TUITION

Revenue received from tuition charged for study abroad programs.

3210

GRANT & CONTRACT REVENUE 

Revenue received by the University from governmental and private sponsors, intended for the support of specific University programs and projects.

3220

INDIRECT COST REVENUE         

Indirect cost recovery from sponsors at established indirect cost rates for the various types of sponsored programs.

3230

CAPITATION REVENUE

Revenue received from the State of Illinois intended for the support of University academic programs.

3310

LUMC SUPPORT

Represent revenue received from LUMC, based on the affiliation agreement, that is used to provide support for the School of Medicine. SSOM USE ONLY

3410

GIFTS - UNRESTRICTED

Contributions received by the University for unrestricted use in daily operations, for which the University has made no commitment of resources or services.

3420

GIFTS-IN-KIND

Gift-in-kinds received by the University (less than $100,000) for unrestricted use in daily operations, for which the University has made no commitment of resources or services. 

3500

INTEREST INCOME     

Investment income receive on the investment of the University's operating cash.

3502

SHORT TERM INVESTMENT POOL INCOME

Interest and dividends generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.

3503

SHORT TERM INVEST POOL REALIZED G/L

Capital gains generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.

3504

SHORT TERM INVEST POOL UNREALIZED G/L

Unrealized appreciation generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.

3505

SHORT TERM INVEST POOL MANAGEMENT FEES

Management fees incurred while generating investment income on the University's unrestricted short-term investments. FINANCE USE ONLY.

3514

INVESTMENT RETURN      DESIGNATED FOR OPERATIONS 

Portion of the unrestricted long-term investment return that has been designated as spendable by University management. FINANCE USE ONLY.

3630

CONFERENCE REGISTRATION/WORKSHOPS

Revenue charged for conference registration/workshops.

3640

LOAN INTEREST INCOME

Interest income received from student/employee loans.

3650

SPONSORSHIP & PROMOTIONS

Revenue received from sales of advertising space in newsprint, pamphlets, booklets, programs, and electronic media.

3660

ROYALTIES

Revenue earned from University trademarks or licensing/patenting of inventions.

3670

FINES      

Receipts of income resulting from fines imposed for violations of the University's established regulations including library fines, non-sufficient funds on returned checks, etc.

3690

OTHER INCOME

Revenue received from miscellaneous or extraordinary sources for which a specific object code has not been provided elsewhere.

3695

DROP/ADD OR LATE FEES

Revenue charged for late student payments on tuition and student loans.

3696

PREMIUMS / DIRECT DONOR BENEFITS

Used to record the portion of cash receipts that are designated as the fair market value of goods and/or services received by a donor and therefore are not a charitable contribution to LUC.

4000

RESIDENCE HALLS - ACADEMIC YEAR

Revenue received for the rental of residence hall rooms which are owned and operated by the University.

4001

RESIDENCE HALLS - SUMMER/INTERSESSION RENTAL

Revenue received for the rental of residence hall rooms which are owned and operated by the University for use by students or conferences during the summer or intersession term.

4010

BOARD

Revenue received for board and food sales provided by the University-operated facilities.

4020

APARTMENT RENTAL

Revenue received for the rentals of apartments which are owned and operated by the University.

4030

LOT UPKEEP

Revenue received from the lot up-keep fees.

4032

ATHLETICS - SEASON TICKET PARKING

Athletics season ticket parking revenue.

4040

FACILITY RENTAL

Revenue received for the rentals of conference rooms and all other facilities/spaces which are owned and operated by the University.

4041

LODGING

Revenue received for the overnight rental of on campus housing.  Primarily used by Conference Services.

4043

NONTAXABLE LODGING

Revenue received for the overnight rental of on campus housing which meets to criteria to be exempt from occupancy tax. Primarily used by Conference Services.

4044

PROPERTY TAX

Revenue received from tenants to offset property taxes the University owes.

4045

COMMISSIONS

Revenue received from sales commissions on food services, vending and other items.

4060

MEMBERSHIP - RECREATION CENTER

Fees collected for membership in Halas Sports Center.

4065

GATE RECEIPTS/TICKET SALES

Receipts from sales of individual tickets for admission to athletic or other University programs or facilities.

4066

ATHLETIC SEASON TICKET SALES

Receipts from sale of season tickets for admission to athletic or other University programs or facilities.

4067

GAME GUARANTEE

Revenue received from participation in non-conference away games. FOR ATHLETICS USE ONLY.

4068

ATHLETIC DISTRIBUTIONS

Revenue received from participation in tournaments and all NCAA distributions. FOR ATHLETICS USE ONLY.

4069

GAMING

Revenue from gaming activities such as raffles. Please consult FINANCE before use.

4070

SALES

Revenue received from all University sales other than room and board, including merchandise and concessions.

4071

SPORTS CAMP/CLINIC

Revenue received for summer camp and clinic registrations. FOR ATHLETICS USE ONLY.

4075

WEDDING & OTHER SPECIAL EVENTS

Revenue received for the rental of University facilities and properties for weddings and other special events.

4170

NET ASSETS RELEASED

Temporarily restricted funds that have met the restrictions of the donor and are available to be used to support University operations. FINANCE USE ONLY

4172

NET ASSETS RELEASED - OPERATING R&E

Operating funds that have been determined to be spendable by University management and are released into operations. FINANCE USE ONLY

4174

NET ASSETS RELEASED - GIFTS

Non-operating unrestricted funds that have been spent and are available to be used to support University operations. FINANCE USE ONLY.

4999

INTERNAL REVENUE & SERVICES OFFSET

Internally generated revenue recorded in the department providing services for another University program.

5010

TENURE TRACK FULL-TIME FACULTY SALARIES

Wages paid to contracted full-time tenure track faculty.

5011

TENURE TRACK FULL-TIME FACULTY SALARIES NON-FRINGE BENEFIT

Wages paid to contracted full- &/or part-time tenure track faculty that are outside the US and not eligible for fringe benefits.  Primarily used for the Rome Center Faculty.  FINANCE USE ONLY

5015

TENURE TRACK PART-TIME FACULTY SALARIES

Wages paid to contracted part-time tenure track faculty.

5020

NON-TENURE TRACK FULL-TIME FACULTY SALARIES

Wages paid to contracted full-time non-tenure track faculty.

5021

NON-TENURE TRACK FULL-TIME FACULTY SALARIES NON-FRINGE BENEFIT

Wages paid to contracted full-time non-tenure track faculty that are not eligible for fringe benefits.  Primarily used for the Rome Center Faculty.  FINANCE USE ONLY

5025

NON-TENURE TRACK PART-TIME FACULTY SALARIES

Wages paid to part-time contract faculty for teaching activities during the (9 month) academic year.

5026

NONTENURE TRACK PT FACULTY SUMMER/INTERSESSION

Wages paid to part-time contract faculty for teaching activities during the summer and/or intersession.

5030

SUPPLEMENTAL SALARIES - INSTRUCTIONAL (ACADEMIC)

Additional wages paid to full-time faculty in excess of their contracted amount for Instructional activities during the academic year.

5031

SUPPLEMENTAL SALARIES - FT FACULTY INSTRUCTIONAL (SUMMER & INTERSESSION)

Additional wages paid to full-time faculty in excess of their contracted amount for Instructional activities during the summer and/or intersession.

5032

SUPPLEMENTAL SALARIES - RESEARCH

Additional wages paid to full-time faculty in excess of their contracted amount for research activities.

5033

SUPPLEMENTAL SALARIES - PROFESSIONAL SERVICES

Additional wages paid to full-time faculty in excess of their contracted amount for professional services.

5034

SUPPLEMENTAL SALARIES - MAJOR ADMINISTRATIVE STIPENDS

Additional wages paid to full-time faculty in excess of their contracted amount for performance of major administrative responsibilities.

5035

SUPPLEMENTAL SALARIES - MINOR ADMINISTRATOR

Additional wages paid to full-time faculty in excess of their contracted amount for performance of minor administrative responsibilities.

5036

SUPPLEMENTAL SALARIES - PART-TIME

Additional wages paid to part-time faculty for performance of administrative responsibilities.

5050

LIBRARIANS & QUASI-FACULTY

Wages paid to faculty and librarians that provide administrative support for instruction/training/research activities.

5055

SHORT-TERM DISABILITY PAY - FACULTY

 Wages paid to University faculty during a medical leave, including pregnancy, that prevents the employee from working.

5110

STAFF SALARY- FULL-TIME EXEMPT

Wages paid to full-time exempt University employees who provide administrative support for instruction/training/research activities.

5111

STAFF SALARY - FULL-TIME EXEMPT NON FRINGE BENEFIT

Wages paid to full-time exempt University employees who provide administrative support outside the US that are not eligible for fringe benefits.   Primarily used for the Rome Center staff.  FINANCE USE ONLY

5115

SHORT-TERM DISABILITY PAY - ADMIN & STAFF

Wages paid to University administrative staff during a medical leave, including pregnancy, that prevents the employee from working. 

5120

STAFF SALARY- FULL TIME NON-EXEMPT

Wages paid to full-time (37.5 or 40.0 hours per week) non-exempt University employees who provide administrative support for instruction/training/research activities.

5121

STAFF SALARY - FULL-TIME NON EXEMPT NON FRINGE BENEFIT

Wages paid to full-time non-exempt University employees who provide administrative support outside the US that are not eligible for fringe benefits.   Primarily used for the Rome Center staff.  FINANCE USE ONLY

5130

STAFF SALARY- PART-TIME

Wages paid to part-time (less than 37.5 or 40.0 hour work week) non-exempt University employees who provide administrative support for instruction/training/research activities.

5140

OVERTIME PAY

Premium wages earned by employees who are paid by the hour and work more than 40 hours in a seven-day work week.  Overtime is paid at a 1.5 rate of regular hourly rate of pay for every hour worked over 40 hours.

5210

RESEARCH ASSOCIATE SALARY- FULL-TIME

Compensation paid to full-time University exempt personnel directly involved with research. This includes post-doctorate fellows.

5230

RESEARCH ASSOCIATE SALARY- PART-TIME

Compensation paid to part-time University exempt personnel directly involved with research. This includes post-doctorate fellows.

5310

STUDENT WORKER

Wage payments to undergraduate and graduate students who are employed by the University.  This does NOT include graduate students who hold teaching or research assistantships.

5313

PARTICIPANT SUPPORT COSTS – STIPENDS

Stipends paid on behalf of participants or trainees in connection with conferences or training projects who are/were workers during the calendar year, such participant support costs are processed through payroll.  GRANTS ONLY.  

5320

GRAD STUDENT STIPEND

Payments to graduate students who hold teaching or research graduate assistantships.

5330

ON CAMPUS COMMUNITY SERVICE

Wage payments to students in departments qualifying as open to the community under the Federal Work Study Program.

5410

FLOAT POOL

Wage payments to University temporary employees not permanently assigned to a department or position.

5420

TEMPORARY PART-TIME SALARY

Compensation paid to employees that hold a temporary position (duration less than six months) within a University department.

5430

TEMPORARY HELP - EXTERNAL AGENCIES

Used to record personnel costs paid to external agencies.

5441

PRIZES,AWARDS,HONORARIA - EMPLOYEE

Non-salary compensation to employees that could be taxable.

5498

SALARY REIMBURSEMENTS

Reimbursement for salaries paid by the university for employees performing non-university related job functions.  FINANCE USE ONLY

5800

BENEFIT EXPENSE - FACULTY (FULL-TIME)

Fringe benefits allocation for full-time faculty salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5801

BENEFIT EXPENSE - FACULTY (PART-TIME)

Fringe benefits allocation for part-time faculty salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5803

BENEFIT EXPENSE - STAFF FULL TIME

Fringe benefits allocation for full-time staff salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5804

BENEFIT EXPENSE - STAFF PART-TIME

Fringe benefits allocation for part-time staff salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5805

BENEFIT EXPENSE - TRAIN GRANTS

Fringe benefits allocation for training grants that are manually booked on a quarterly basis by Sponsored Program Accounting. FINANCE USE ONLY.

5807

BENEFIT EXPENSE - GRAD STUDENT TUITION

Fringe benefits allocation for grad student stipends (applicable to certain grants only) based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5808

BENEFIT EXPENSE - GRAD STUDENT INSURANCE

Fringe benefits allocation for grad student health insurance (applicable to certain grants only) based on a rate established by the University or governmental agency. FINANCE USE ONLY.

5820

FB REALLOCATION - FACULTY FT

Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.

5821

FB REALLOCATION - FACULTY PT

Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.

5823

FB REALLOCATION - STAFF FT

Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.

5824

FB REALLOCATION - STAFF PT

Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.

5898

BENEFIT REIMBURSEMENT

Reimbursement to Loyola from third parties for benefits paid by Loyola

5899

BENEFIT ALLOCATION OFFSET

Used to record the fringe benefit offset to the benefit allocation entry.  FINANCE USE ONLY.

5900

MEDICAL - BC/BS - PPO1

Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.

5901

MEDICAL - BC/BS - PPO2

Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.

5903

MEDICAL - BC/BS - PPO3 HSA

Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.

5904

MEDICAL - RETIREE

Used to record benefit expense associated with retiree health insurance costs (actuarial calculation). This code is to be used only by Human Resources and Payroll Services.

5905

DENTAL - DELTA

Used to record benefit expense associated with dental insurance coverage. This code is to be used only by Human Resources and Payroll Services.

5906

DENTAL - DMO

Used to record benefit expense associated with dental insurance coverage. This code is to be used only by Human Resources and Payroll Services.

5907

GENERAL HEALTH BENEFITS

Used to record University benefits expenses for graduate student health insurance.

5909

PENSION - LTD

Used to record benefit expense associated with employer sponsored defined contribution retirement plan for employees under the University's self-funded long-term disability plan. This code is to be used only by Human Resources and Payroll Services.

5911

PENSION - DEFINED CONTRIBUTION

Used to record benefit expense associated with employer sponsored defined contribution retirement plan (5% contribution). This code is to be used only by Human Resources and Payroll Services.

5913

PENSION - DC EMPLOYER MATCH

Used to record benefit expense associated with employer sponsored defined contribution retirement plan (employer match contribution). This code is to be used only by Human Resources and Payroll Services.

5914

JESUIT PENSION

Used to record benefit expense associated with Jesuit Community's retirement expenses. This code is to be used only by Human Resources and Payroll Services.

5915

TAXES - SOCIAL SECURITY

Used to record benefit expense associated with FICA taxes. This code is to be used only by Human Resources and Payroll Services.

5916

TAXES - MEDICARE

Used to record benefit expense associated with Medicare taxes. This code is to be used only by Human Resources and Payroll Services.

5917

TAXES - FOREIGN

Used to record benefit expense associated with taxes paid for employees in foreign countries. This code is to be used only by Human Resources and Payroll Services

5919

TAXES - STATE/LOCAL

State/Local payroll income tax expense. HR and Payroll use only.

5920

INSURANCE - LTD

Used to record benefit expense associated with long-term disability insurance. This code is to be used only by Human Resources and Payroll Services

5921

SELF-FUNDED INSURANCE BENEFITS

Used to record the expenses related to self-insured benefits

5922

INSURANCE - WORKERS COMPENSATION

Expenses incurred on employees insurance coverage for injuries sustained in the course of their employment

5923

INSURANCE - UNEMPLOYMENT

Insurance expense paid for unemployment claims made by former employees.

5924

INSURANCE - LIFE

Expense for employer sponsored life insurance coverage of employees.

5925

EMPLOYEE HEALTH SERVICE

Cost associated with employee health service. 

5926

UNIV ASSISTED HOUSING

Used to record benefit expense associated with the University's Assisted Housing program. This code is to be used only by Human Resources and Payroll Services.

5927

HEALTH SAVINGS ACCOUNT

Health savings account expense. HR and Payroll use only.

5929

CRITICAL ILLNESS & VOL GROUP ACCIDENT

Expense for critical illness and voluntary group accident insurance. HR and Payroll use only.

5930

TUITION BENEFITS

Used to record benefit expense associated with employee and dependent tuition benefits

5931

DEATH GRATUITY

Benefit expense incurred by employer for employees expiring while employed by the University.

5935

VACATION/PERSONAL

Used to record benefit expense associated with accrued vacation time. FINANCE USE ONLY.

5940

BENEFIT ADMINISTRATION FEES

Administrative cost of providing fringe benefits.

5945

AMERICANS WITH DISABILITIES ACT EXPENSES

Used to record costs to be in compliance with the Americans with Disabilities Act. To be used by Human Resources only.

5950

EURO EXCHANGE DIFFERENTIAL

Salary adjustments given to expatriates to compensate for the exchange rate differential and the increased cost of living expenses that may exist when working for the University in another country.

5955

RELOCATION EXPENSES

Used to record payments for moving and relocation expenses of new employees.

5956

HOUSING ALLOWANCE BENEFIT

Allowance for housing expenses given to individuals as part of their compensation package.

5957

TAX SUBSIDY

Costs associated with equalizing Rome Center employee salaries due to increased tax brackets in Italy.

5960

THIRD PARTY BENEFITS

Benefit expense paid to other institutions for visiting professors.

5998

BENEFIT REIMBURSEMENT

Reimbursement for benefits paid by the university for employees performing non-university related job functions.  FINANCE USE ONLY

6100

SUPPLIES - OFFICE

Costs of supplies & materials used during the course of general office operation. Includes printer/copier paper & cartridges, desk supplies, etc..

6110

SUPPLIES - INSTRUCTION/PROGRAM

ALL Operating supplies & expenses that do not fit any other object code. Examples include, but are not limited to: RESEARCH/TEACHING - lab supplies, field trip expenses, maps, etc; THEATER/FINE ARTS - costumes, props, scripts, etc.; ATHLETICS - uniforms, shoes, sports equipment, travel, lodging, food; RECREATIONAL SPORTS - mats, music, elastic bands, small weights, etc.; HEALTH SERVICES - band aids, syringes, paper gowns, tongue depressors, etc.; MISCELLANEOUS ALLOWABLE PROGRAM EXPENSES

6120

BOOKS & PROFESSIONAL PUBLICATIONS

Used in instructional, research or general operating activities. Includes purchases made by the Libraries.

6121

PERIODICALS & SUBSCRIPTIONS

Used in instructional, research or general operating activities. Includes purchases made by the Libraries.

6130

ELECTRONIC MEDIA

Used in instructional, research or general operating activities. Includes purchases made by the Libraries.

6131

AUDIOVISUAL MEDIA

Used in instructional, research or general operating activities. Includes purchases made by the Libraries.

6140

SUPPLIES - STUDENT ACTIVITY

All expenses for Student Activities incurred by schools &/or departments.

6150

SUPPLIES - MEDICATIONS & MEDICAL

Non-laboratory medication & medical supplies expenses incurred by the Wellness Center.

6151

SUPPLIES - WELLNESS LAB EXPENSES

Only those expenses incurred by the Wellness Center laboratory for in-house processing of blood, cultures, etc.

6152

SUPPLIES - BEDDING

Cost of linens and other bedding supplies, used primarily by Conference Services.

6153

SUPPLIES - ENRICHMENT

Cost of enrichment supplies.

6154

SUPPLIES - FEED

Cost feed supplies. 

6155

SUPPLIES - GOWNING

Costs of gown supplies.

6156

SURGICAL SUPPLIES

Costs of surgical supplies. 

6157

MISC LAB OPERATING SUPPLIES

Other miscellaneous laboratory supplies.

6158

SUPPLIES - DIAGNOSTIC LAB

Cost of diagnostic lab supplies. 

6200

PRINTING

Costs of printing letterhead, forms, invitations, etc., as well as electronic CD-ROM imaging  (No departmental copier charges coded here.).

6201

PRINTING - EXTERNAL

Costs of printing services obtained outside of Loyola's Printing Services department.

6202

PHOTOGRAPHY

Photography expenses, both internal & external, including: film, developing, photographer, etc.

6203

ADVERTISING

Costs associated with advertising through all media channels (paper & electronic) that are incurred either internally and allocated to departments or paid to external vendors by the University in an effort to promote University operations.

6220

POSTAGE, SHIPPING, HANDLING

Costs of services provided by the LUC Mailroom or outside vendors including: in- or out-bound freight, parcel shipment, stamps, and express/special delivery/registered mail.

6230

TELECOMMUNICATIONS 

Phones, line & internet charges

6231

TELEPHONE CHARGES - LONG DISTANCE

Reflects the costs of long distance telephone charges incurred by the LUC and distributed to departments based on actual occurrence.

6232

TELEPHONE CHARGES - LOCAL

Reflects the costs of local telephone charges incurred by the LUC and distributed to departments based on actual occurrence.

6250

LEGAL FEES

Costs incurred by non-Loyola licensed attorneys for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..

6251

ACCOUNTING FEES

Costs incurred by non-Loyola licensed accounting professionals for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..

6252

PROFESSIONAL & CONSULTING FEES

Costs incurred by non-Loyola licensed professionals (Architectural & Engineering, etc.) for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..

6253

CONTRACTED OUTSOURCED SERVICES

The costs for work that could be performed by current employees, but due to time, staffing, or other constraints is contracted with an outside source. Includes Temp Agencies

6254

PATENT PROCUREMENT

The costs associated with maintaining and obtaining a patent. 

6300

TRAVEL - LOCAL (NON-RECRUITING, NON-INSTRUCTIONAL)

Parking, mileage, cabs, etc. (other than commuting) incurred on LUC business in the Chicago metropolitan area.

Click here for current mileage reimbursement rates.

6302

TRAVEL - DEVELOPMENT ONLY

Local & out of town travel expenses, including transportation costs (fares, mileage allowances, and automobile expenses), meals and lodging incurred while raising funds for the University

6303

INSTRUCTIONAL/PROGRAM TRAVEL

Flights, Meals, Hotels and other expenses for students, faculty, and staff associated with Instructional and Program Related Travel. This also includes team travel for Athletics. Not to be used for Faculty/Staff Professional Development Expense.

6310

PROFESSIONAL DEVELOPMENT, MEETINGS OR CONFERENCES - FACULTY &/OR STAFF - (INCLUDES  TRAVEL)

Total (non-salary) expenses incurred hosting &/or conducting meetings or conferences including, but not limited to: facility rental, the speaker's)' fees and expenses, and all printed materials associated with the event. Also include the registration and travel fees (but not salary expenses) paid for sending any LUC employee to conferences, meetings or conventions conducted by other organizations.

6311

CME PROGRAM COSTS

Reflects the administrative costs of the Continuing Medical Education (CME) Department that are allocated to individual CME programs in the Stritch School of Medicine

6312

MEMBERSHIPS & DUES

Dues & fees related to memberships in professional associations and organizations.

6313

PARTICIPANT SUPPORT

Direct cost for items such as stipends or subsistence allowances, travel allowances, and registration fees paid to or on behalf of participants or trainees (but not employees) in connection with conferences or training projects. GRANTS ONLY.

6314

RECRUITING EXPENSES - STUDENTS

All presentation & reception expenses (including travel) incurred recruiting potential graduate and undergraduate students (including athletes) to LUC.

6315

RECRUITING EXPENSES - FACULTY & STAFF

All presentation & reception expenses (including travel) incurred recruiting faculty and staff to LUC.

6340

GUARANTEE EXPENSE

Expense incurred for participation in non-conference home games. FOR ATHLETICS USE ONLY.

6341

OFFICIALS EXPENSE

Expense incurred for payments to athletic referees and officials. FOR ATHLETICS USE ONLY.

6342

CHARTED FLIGHTS

Expense incurred for Athletic teams chartered flights for away games. FOR ATHLETICS USE ONLY

6320

ENTERTAINMENT

Costs directly associated with entertainment, amusement, diversion or other social activities offered for the benefit of LUC faculty, staff, students, donors, guests, etc. These expenditures are disallowed for federally sponsored grants & contracts and must be segregated.

6321

FOOD SERVICE/CATERING

Catered, restaurant, or grocery expenses associated with LUC hosted events and programs that are not part of Professional Development or Recruiting.

6400

EQUIPMENT - OFFICE - COPIER EXPENSES - ALL 

Lease, Service Contract, Over Usage or Per-Copy Charges, etc.

6401

EQUIPMENT - MAINTENANCE SERVICE CONTRACTS

Cost of payments on contract service agreements for equipment repairs and maintenance.

6402

EQUIPMENT RENTAL - PROGRAM

Single event equipment rentals.

6403

EQUIPMENT PURCHASED - MINOR

Useful life greater than 1 year and a cost of less than $5,000/unit.

6404

EQUIPMENT PURCHASED - MAJOR

Useful life greater than 1 year and a cost equal to or greater than $5,000/unit.

6405

EQUIPMENT PURCHASES - COMPUTER HARDWARE & SOFTWARE < $5,000/UNIT - DEPARTMENTAL

Computers, hardware, and software purchased for use by departments and/or part of the PC replacement program.

6406

TECHNOLOGY & TELECOMMUNICATIONS INFRASTRUCTURE

Hardware and Software purchased to support LUC's technology systems.

6407

INFORMATION SERVICES ALLOCATION - REPAIRS & MAINTENANCE

Cost of computer maintenance and computer accessories purchased in connection with such maintenance.

6415

CLOUD COMPUTING ARRANGEMENT (CCA) FEES

Fees for software that is licensed on a subscription basis and is centrally hosted and managed online by a manufacturer or a third-party vendor.  LUC 1) does not have the right to take possession of the software and 2) it is not feasible for LUC to run the software on its own hardware or contract with another party to run it.

6416

AMORTIZATION - CAPITALIZED IMPLEMENTATION COSTS FOR CLOUD COMPUTING ARRANGEMENTS

Amortization expense of amounts recorded to account 1851 Capitalized Implementation Costs for Cloud Computing Arrangements. 

The expense is recognized on a straight-line basis over the term of the associated hosting arrangement (non-cancellable period of the CCA plus any optional renewal periods that are reasonably certain to be exercised)

6420

VEHICLE -  MAINTENANCE & SUPPLIES

Costs of maintenance of University vehicles, including supplies purchased in connection with vehicle maintenance.

6421

VEHICLE - FUEL COSTS

Cost of Fuel related to University Vehicles

6422

HOUSEKEEPING

Cost of housekeeping services, including maid and janitorial services.

6423

REPAIRS & MAINTENANCE

Cost of minor repairs and maintenance of land, buildings and equipment (excluding vehicles and computers).

6424

BUILDING ADDITIONS AND IMPROVEMENTS, AND OTHER CONSTRUCTION

Represents the cost of building additions and improvements.

6425

PLANT - CAPITALIZATION

Cost of capitalized equipment with a purchase price of $5,000 or more and a useful life greater than 1 year, or plant additions which exceeds $5,000.

6426

FACILITY RENTAL

Payments for the use of building space, land or land improvements (such as parking lots).

6427

MOVING EXPENSES - LUC DEPTS.

Expenses incurred in Non-capitalized departmental relocations.

6428

GAS -- NATURAL

Costs of natural gas used in the process of University operations.

6429

ELECTRICITY

Costs of electricity used in the process of University operations.

6430

WATER & SEWAGE

Costs of water & sewer used in the process of University operations.

6431

SCAVENGER

Costs of scavenger services (waste disposal, trash and garbage collection) used in the process of University operations.

6432

TAXES - PROPERTY

Cost of all real estate taxes or other non-payroll-related taxes.

6433

LICENSES & PERMITS

Costs of all special permits, such as fire inspections and license fees (including visas) paid to federal, state, county or municipal taxing authorities. These costs will include food, alcohol and operating permits.

6435

OTHER FUNDING

Expenses incurred funding capital expenditures. FINANCE USE ONLY

6450

HAZARDOUS MATERIALS DISPOSAL

Costs of hazardous materials disposal (such as medical waste) used in the process of University operations.

6460

DISPOSAL

Cost of demolition and disposal of University capital assets. (FINANCE USE ONLY)

6465

DEPRECIATION & AMORTIZATION

Used for writing off the annual portion of deterioration of capitalized equipment, building or land improvements. This charge is based on proration of the asset cost over its estimated life. (FINANCE USE ONLY)

6801

ACCRETION EXPENSE

Recognition of an expense related to a long term liability, in particular asset retirement obligations. (FINANCE USE ONLY)

6500

INTEREST

Payments of interest expense accrued on all bonds, commercial paper, notes, etc. issued by the University.

6501

INTEREST EXPENSE - DISCOUNT & PREMIUM

Discounts on interest expense accrued on all bonds, commercial paper, notes, etc. issued by the University.

6509

BOND ISSUANCE COSTS

All costs associated with issuance of new bonds.

6510

CREDIT CARD FEES

Fees associated with all credit cards held by the University.

6511

BANK FEES

Cost of all banking service charges and fees.

6530

INSURANCE - EXTERNAL POLICIES

Costs of insurance purchased from external parties that is unrelated to fringe benefits. These insurance types include fire, general liability, property umbrella, malpractice, etc.

6531

INSURANCE - SELF INSURANCE

Insurance costs incurred by the University that are self-funded. Includes costs incurred for deductibles and excess.

6532

STUDENT HEALTH INSURANCE

Cost of student health insurance premiums.

6533

STUDENT DENTAL INSURANCE

Cost of student dental insurance premiums. Financial Aid use only.

6550

WRITE-OFFS/BAD DEBT

Any losses, whether actual or estimated, resulting from uncollectible accounts receivable.

6551

STUDENT LOAN CANCELLATIONS

Costs arising from cancellation of student loans. FINANCE USE ONLY

6552

ADMINISTRATIVE COLLECTION COSTS

Any costs resulting from attempts to collect on delinquent accounts, prior to writing them off as uncollectible, including related legal and collection expenses. FINANCE USE ONLY

6553

ADMINISTRATIVE REIMBURSEMENT

Title 4 Campus based programs administrative reimbursement. 

6560

SUPPLIES & EXPENSES - ALUMNI ACTIVITIES

Costs incurred in support of alumni activities & services. These expenditures are disallowed for federally sponsored grants & contracts and must be segregated.

6570

GRADUATE FELLOWSHIP

Non-service based fellowship payments to aid in the pursuit of independent research, study, or other educational activities.  Payments to students in exchange for services are WAGES and should NOT be processed as a fellowship, but rather as compensation for services through Payroll and charged to account 5320 (Grad Student Stipend).

6571

ROOM STIPEND

Housing Allowance for Resident Assistants and Advisors. 

6572

BOARD STIPEND

Board Allowance for Resident Assistants and Advisors.

6575

UNDERGRADUATE FELLOWSHIP

Non-service based fellowship payments to aid in the pursuit of independent research, study, or other educational activities.  Payments to students in exchange for services are WAGES and should NOT be processed as a fellowship, but rather as compensation for services through Payroll and charged to account 5310 (Student Worker).

6580

GRANTS & CONTRACTS SUBAWARDS < $25,000

The first $25,000 budgeted for each subaward entered into over the life of the external grant or contract funding such subawards.

6581

GRANTS & CONTRACTS SUBAWARDS > $25,000

The balance of subaward costs (including the years of continuation), which may be accessed once the initial indirect cost allowance of $25,000 is satisfied.  This is not subject to indirect cost.

6585

STUDY PARTICIPANT COSTS

Payments made to human subjects participating in research projects or programs, to which Human Subject Protocols are applicable. Payees may include LUC or non-LUC participants.

6590

ANIMAL PURCHASES

Costs incurred to purchase animals for research purposes

6591

ANIMAL FACILITY COSTS

Any costs incurred to feed, house or maintain animals used for research purposes

6700

RADIOACTIVE, CHEMICAL, BIOLOGICAL AND/OR OTHER HAZARDOUS MATERIALS

Any costs incurred to purchase, safeguard and monitor said materials

6709

IRB FEE - CLINICAL TRIAL

 Used to record payment to the Institutional Review Board committee for approving, monitoring, and reviewing biomedical and behavioral research involving humans.

6710

PATIENT CARE

Payments for LUPF & LUMC hospital charges for patient care provided to research subjects. SSOM USE ONLY.

6711

LAB CHARGES

Any laboratory charges incurred while doing grant or contract research

6712

PHARMACY CHARGES

Any pharmacy charges incurred while doing grant or contract research

6713

NON-SALARY EXPENSES - NO F&A COSTS

Expenses associated with a grant that are not subject to the facilities and administrative cost rate and do not fit under another unallowable expense category.

6714

DOCUMENT RETENTION/DISPOSAL

The costs of storing documents either electronically or in a physical location. The costs of destroying documents that are no longer needed per the document retention policy.

6721

UNDERGRADUATE SCHOLARSHIPS - TUITION

Financial assistance for undergraduate students. Awards are made on the basis of academic excellence, exceptional promise and/or financial need.

6722

GRADUATE SCHOLARSHIPS - TUITION

Financial assistance for tuition for graduate/professional students. Awards are made on the basis of academic excellence, exceptional promise and/or financial need.

6723

SCHOLARSHIPS - OTHER

Financial assistance for items other than tuition and housing/board for which a specific object code has not been provided elsewhere, such as fees.

6724

DISCOUNTING - UNDERGRADUATE

Discounts from published tuition rates for certain agencies and/or groups of students for specific undergraduate programs. 

6725

DISCOUNTING - GRADUATE/PROFESSIONAL

Discounts from published tuition rates for certain agencies and/or groups of students for specific graduate programs. 

6727

SCHOLARSHIPS ALLOCATED

Allocation of scholarships. FINANCE USE ONLY.

6728

SCHOLARSHIPS REIMBURSEMENTS

Associated with the Pell Grant. FINANCE USE ONLY. 

6730

SCHOLARSHIPS - HOUSING

Financial assistance for housing.

6731

SCHOLARSHIPS - BOARD

Financial assistance for board.

6740

DONATIONS & CONTRIBUTIONS

Donations or contributions (whether via payment or in kind) made by LUC, or by any LUC department, to a charitable organization, or if to a political organization, for the purpose of lobbying or legislative activities such as voter registration and voter engagement.

Payments and use of LUC resources in support of a political candidate or political party are prohibited (see: Guidelines-Political-Activity.pdf (luc.edu))

Membership or dues payments to a charitable organization are not considered a donation or contribution and should be recorded to 6312 Memberships & Dues.

6741

ROYALTIES

Cost of royalties payable to faculty members for the privileged use by LUC of patents or copyrights, to which the faculty members hold exclusive rights.

6742

PRIZES, AWARDS - NON-EMPLOYEE

Payments made to individuals as an award or prize for recognition based on competition or other criteria.  Cannot be used for payments to employees as those should be processed through payroll.

6743

HONORARIA - NON-EMPLOYEE

Payments made to an individual in recognition of a special or distinguished service such as a lecture, concert, or speaking engagement.  Cannot be used for payments to employees as those should be processed through payroll.

6800

FINES & PENALTIES

Costs resulting from violations of, or failure of the University to comply with, Federal, State, local or foreign laws and regulations.  Payment of such fees with sponsored funds is disallowed by most grants, except when incurred as a result of compliance with specific provisions of the sponsored agreement, or explicit written instructions for the sponsoring agency official, authorizing such payments in advance.

6806

PURCHASES FOR RESALE

Tickets, T-shirts, medicines, etc. as well as resale purchases made by Centennial Forum Gift Shop and Halas, Residence Life and the Wellness Center.

6811

CONTINGENCY

FINANCE USE ONLY

6820

DISCOUNTS

FINANCE USE ONLY

6821

COST INVOICE VARIANCES

FINANCE USE ONLY

6830

MISCELLANEOUS EXPENSES

Small miscellaneous items, and those expenses that do not easily fit into one of the defined categories.  Significant items should not be charged or budgeted to this account.

6831

FEES - MISCELLANEOUS

Miscellaneous entry fees, surcharges, etc. that do not fit in another category

6832

INTER LIBRARY LOANS

Charges associated with loans for library materials from other universities.

6833

EXPENSE REIMBURSEMENTS

Reimbursement for non-salary/non-benefit related expenses from outside parties. For CREDIT BALANCES ONLY.

6835

EXPENSE TRANSFERS

Transfers made between accounting units within the same functional expense category (ie IPEDS/functional expenses) in which the expenses have already been incurred. Used primarily for mass movement of multiple expense category transfers. 6835 must net to zero within the journal entry. This account cannot be used for Federal/State Grants. MUST BE APPROVED BY GENERAL ACCOUNTING AND/OR SPA.

6910

FEDERAL INCOME TAX

Federal income tax assessed on unrelated business income generated by the University. FINANCE USE ONLY.

6911

STATE INCOME TAX

State income tax assessed on unrelated business income generated by the University. FINANCE USE ONLY.

7020

TRANSFERS

Transfers made between accounting units transferring expenses or funds. Used primarily for mass movement of multiple expense category transfers.  GRANT & CONTRACTS USE  ONLY.

7030

INDIRECT COSTS

Facilities and Administrative costs charged to grants and contracts.  GRANT & CONTRACT USE ONLY

7100

DEPRECIATION ALLOCATION

To allocate depreciation among the University units based on their use of depreciable equipment or the space occupied. FINANCE USE ONLY

7101

OTHER ALLOCATIONS

To allocate other charges across University units based upon a specific allocation methodology.  FINANCE USE ONLY

7102

PLANT ALLOCATIONS

To allocate physical plant charges among specific University units based on the degree to which they utilize the physical plant services. FINANCE USE ONLY

7103

INTEREST ALLOCATIONS

To allocate interest expense among the University units based on the degree to which they benefit from the borrowed funds. FINANCE USE ONLY

7104

FACILITIES ALLOCATIONS

To allocate physical plant charges among specific University units based on the degree to which they utilize the physical plant services. FINANCE USE ONLY

7105

INSURANCE ALLOCATIONS

To allocate insurance charges among specific University units.  FINANCE USE ONLY

7106

CENTRAL ADMINISTRATION ALLOCATION

To allocated central administration charges among specific University units.  FINANCE USE ONLY

7107

STUDENT ADMINISTRATION ALLOCATION

To allocate student administration charges among specific University units. FINANCE USE ONLY

7109

BAD DEBT EXPENSE ALLOCATION

To allocate bad debt expense among specific University units. FINANCE USE ONLY.

7110

SECURITY EXPENSE ALLOCATION

To allocate security-related expenditures among specific University units. FINANCE USE ONLY.

7200

SHARED SERVICES - LUMC TO UNIVERSITY

Used to record costs allocated to the University from the Health System for services provided.  FINANCE USE ONLY.

7201

SHARED SERVICES - LUMC TO SSOM

Used to record costs allocated to the School of Medicine from the Health System for services provided.  FINANCE USE ONLY.

7202

SHARED SERVICES - SSOM TO LUMC

Used to record costs allocated to the Health System from the SSOM for services provided.  FINANCE USE ONLY.

7203

SHARED SERVICES - SSOM TO UNIVERSITY

Used to record costs allocated to the University from the SSOM for services provided.  FINANCE USE ONLY.

7204

SHARED SERVICES - UNIVERSITY TO LUMC

Used to record costs allocated to Loyola University Medical Center from the University for services provided.  FINANCE USE ONLY.

7205

SHARED SERVICES - UNIVERSITY TO SSOM

Used to record costs allocated to the Stritch School of Medicine from the University for services provided.  FINANCE USE ONLY.

7206

SHARED SERVICES - UNIVERSITY TO UNIVERSITY

Used to record costs allocated between various areas on Lakeside Campuses for services provided.  FINANCE USE ONLY.

7207

SHARED SERVICES - HSD TO SON

Used to record costs allocated between the HSD campus and SON. FINANCE USE ONLY.

7208

SHARED SERVICES - HSD TO SSOM

Used to record costs allocated between the HSD campus and SSOM. FINANCE USE ONLY.

7209

SHARED SERVICES - LUMC TO SON

Used to record costs allocated between the Lakeside campus and SON. FINANCE USE ONLY.

7210

SHARED SERVICES - LUC TO HSD

Used to record costs allocated from the Lakeside campus and the HSD campus.  FINANCE USE ONLY.

7211

SHARED SERVICES - HSD TO LUMC

Used to record costs allocated from the HSD Campus to the Health System. FINANCE USE ONLY.

7212

SHARED SERVICES - LUMC TO SSOM

Used to record costs allocated from Health System to the Stritch School of Medicine. FINANCE USE ONLY.

7213

SHARED SERVICES - HS CTRS TO SSOM

Used to record costs allocated between the Health Sciences Centers and SSOM. FINANCE USE ONLY

7214

SHARED SERVICES - HS CTRS TO SON

Used to record costs allocated between the Health Sciences Centers and SON. FINANCE USE ONLY

4816

GIFTS - NON OPERATING

Gift-in-kinds received by the University (greater than $100,000) for unrestricted use in daily operations, and large unrestricted gifts generally designated for capital projects, for which the University has made no commitment of resources or services. FINANCE USE ONLY.

8010

GIFTS - TEMPORARILY RESTRICTED

Gifts received by the University that have donor-imposed restrictions expiring with the passage of time, the occurrence of an event, or the fulfillment of certain conditions. FINANCE AND ADVANCEMENT USE ONLY.

8011

PLEDGE REVENUE

Gifts pledged to the University that have donor-imposed restrictions expiring with the passage of time, the occurrence of an event, or the fulfillment of certain conditions. Used to set up pledges and record present value adjustments. FINANCE USE ONLY.

8014

PLEDGE PAYMENTS – TEMP

Used for pledge payments received towards a temporarily restricted pledge that is in the GL. FINANCE AND ADVANCEMENT USE ONLY.

8210

GIFTS - PERMANENTLY RESTRICTED

Gifts received by the University that have donor-imposed restrictions requiring the assets to be retained permanently and invested. FINANCE AND ADVANCEMENT USE ONLY.

8211

PLEDGE REVENUE

Gifts pledged to the University that have donor-imposed restrictions requiring the assets to be retained permanently and invested. Used to set up pledges and record present value adjustments. FINANCE USE ONLY.

8214

PLEDGE PAYMENTS – PERM

Used for pledge payments received towards a permanently restricted pledge that is in the GL. FINANCE AND ADVANCEMENT USE ONLY.

4802

INVESTMENT INCOME - NON-OPERATING

Interest and dividends generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.

4803

REALIZED GAINS - NON-OPERATING

Capital gains generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.

4804

UNREALIZED GAINS/LOSSES - NON-OPERATING

Unrealized appreciation generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.

4806

OFFSET FOR DESIGNATED INVESTMENT RETURN

Offset for the portion of the investment return that has been designated as spendable by University management. FINANCE USE ONLY.

4820

FEDERAL INCOME TAX

Federal income tax expense. FINANCE use only.

4821

STATE/LOCAL INCOME TAX

State income tax expense. FINANCE use only.

8020

INVESTMENT INCOME - TEMPORARILY RESTRICTED

Interest and dividends generated while investing the University's permanently long-term and term-endowment assets. FINANCE USE ONLY.

8030

REALIZED GAINS - TEMPORARILY

Capital gains generated while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.

8040

UNREALIZED GAINS/LOSSES - TEMP

Unrealized appreciation generated while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.

8045

TRUST DISTRIBUTIONS - TEMP

Distributions received from interest held in perpetual trusts. FINANCE USE ONLY.

8050

INVESTMENT MGMT FEES- TEMP

Management fees incurred while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.

8220

INVESTMENT INCOME - PERMANENTLY

Interest and dividends generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.

8230

REALIZED GAINS - PERMAN

Capital gains generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.

8240

UNREALIZED GAINS/LOSSES - PERM

Unrealized appreciation generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.

8250

INVESTMENT MNGT FEES- PERM

Management fees incurred while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.

4810

OTHER - NON OPERATING REVENUE

Non-operating revenue transactions such as TIF funds, or other larger non-recurring revenue items. FINANCE USE ONLY.

4811

GAIN ON SALE OF PROPERTY

Non-operating revenue generated from the sale of the University's capital assets. FINANCE USE ONLY.

4815

CHANGES IN POST RETIREMENT BENEFITS

Retirement plan market gain/loss as determined by actuarial reports. FINANCE USE ONLY.

4817

DISCONTINUED OPERATIONS

Activity generated from a component of an entity that either has been disposed of or is classified as held for sale. Includes the component's results of operations, expenditures to sell/dispose the component, and any gain/loss recognized on the sale/disposal. FINANCE USE ONLY.

4823

OTHER - NON-OPERATING EXCHANGE RATE GAIN/LOSS

Gain/loss transactions related to JFRC balance sheet accounts, and the exchange rate g/l on foreign currency bank accounts. FINANCE USE ONLY.

4824

OTHER - NON-OPERATING EXPENSE

Non-operating expense transactions, non-recurring  items such as Athletics one time fees, financing transaction write offs. FINANCE USE ONLY.

4825

OTHER - NON OPERATING GRANT REVENUE

Non-operating revenue related to grant AUs which typically consists of revenue related to large items that are capitalized (capital project/large pieces of equipment) or items where the expense was recognized in a prior year. FINANCE USE ONLY.

8052

LOAN INTEREST INCOME - TEMP

Interest earned from student loans required to be re-invested into the loan fund.

8251

GAIN/(LOSS) ON PERPETUAL THBO

Used to record fair market value adjustments on interests held in perpetual trusts. FINANCE USE ONLY.

8051

CHANGE IN ANNUITY VALUE

Used to record actuarial gains or losses on split-interest agreements for which distributions are not donor-imposed to be invested in perpetuity. FINANCE USE ONLY.

8251

CHANGE IN ANNUITY VALUE - PR

Used to record actuarial gains or losses on split-interest agreements for which distributions are donor-imposted to be invested in perpetuity. FINANCE USE ONLY.

4173

NET ASSET REL NON-OPER GIFT

Non-operating unrestricted funds that have been spent and are available to be used to support University operations. FINANCE USE ONLY.

8170

NET ASSETS RELEASED - TEMP

Temporarily restricted funds that have met the restrictions of the donor and are available to be used to support University operations. FINANCE USE ONLY.