An allowable business expense is an expense or a transaction that the University, a faculty, or staff incurs on behalf of the University in exchange for goods or services.
Payment of an allowable business expense is ultimately the responsibility of the University.
Criteria for Determining an Allowable Expense
In order to be paid directly by the University or reimbursed to an individual, a business expense must be:
Necessary to perform a valid business purpose fulfilling the mission of the University; and
Reasonable in that the expense is not extreme or excessive, and reflects a prudent decision to incur the expense; and
Appropriate in that the expense is suitable and fitting in the context of the valid business purpose; and
Allowable according to the terms of any federal regulation, sponsored contract, or University policy.