| Policy Category | Policy Owner | Version Effective Date | Review Cycle | Last Reviewed | Policy Contact |
| VII. Human Resources | SVP, General Counsel, Chief People Officer | July 1, 2017 | Every 5 years | August 21, 2025 | HRER |
Purpose and Applicability
This policy establishes the general prohibition on permitting salary advances against earned or unearned income for employees of Ä¢¹½ÊÓƵ (Ä¢¹½ÊÓƵ), except in the limited circumstances described below.
Administration
Ä¢¹½ÊÓƵ does not permit salary advances, unless there is an error in processing an employee’s paycheck and such salary advance is approved by the Chief Human Resources Officer (CHRO).
IMPLEMENTATION PROCEDURES:
The Ä¢¹½ÊÓƵ President has designated the Chief Human Resources Officer (CHRO) to administer this policy; to develop procedures as necessary to implement this policy; to communicate this policy to the Ä¢¹½ÊÓƵ community; and to post the policy and any applicable procedures on the Ä¢¹½ÊÓƵ website.
Replacement for:
USM BOR VII-4.30 – Policy on Salary Advances for USM Employees
UMUC 390.50 – Salary Advances