This area involves the direction and/or coordination of all fiscal activities of the college. While each individual academic unit has primary oversight and accountability for its own resources (whether secured through allocation or award), the dean is the chief steward of all moneys and in-kind resources that flow through the college and, consequently, is held accountable by the university for their use. An important part of the Office of Finance and Administrative Affairs mission is to ensure responsible and appropriate fiscal management of the college’s resources.
Appropriate management of resources provides the dean (1) opportunities for sound strategic planning; (2) assurance of compliance with federal, state, and university statutes and policies; and (3) fiscal and administrative integrity that promotes meaningful relationships with outside constituencies.
Personnel permanently assigned to each academic department perform general accounting for all state allocations and grants/contracts within the unit. Principal investigators should expect a monthly analysis of expenditures and available funds for each grant/contract; however, primary responsibility for administering the grant or contract belongs to the principal investigator. Investigators are encouraged to work closely with accounting personnel and the department head to ensure appropriate management of funds.
Purpose: For Department personnel to request scholarship funds to be distributed to student accounts via Financial Aid
- All requests must be approved within the department the fund resides
- Department personnel complete documents – either the Scholarship Authorization Spreadsheet or Scholarship Authorization Form
- Documents must be signed and dated by authorized official within the department the fund resides
Email completed document to OneStop@utk.edu.