Year End College Work Study Adjustments

​Year End College Work Study Adjustments

Adjustments for the year ending 6/30/14 have been posted to department cost centers to charge fringe benefits and university match amounts to sponsoring cost centers. When reviewing activity in your cost center, please note the following:

  • Charges for fringe benefits were posted to general ledger account 625200 (Temporary Employee Benefits).
  • Federal and state university match charges were posted to general ledger account 620700 (College Work Study Chargeback).
  • Revenue offsetting these charges covers the university match portion of the CWS wages and not the fringe benefits or the CWS expenditures over their authorized amount. Revenue was posted to general ledger account 599975 (Work Study Redistribution) for general fund cost centers only.

 

College work study allocations for the new fiscal year have been posted to SAP.

 

Please contact Hillary Pierce, Accounting Services, at ext. 1280 with questions.

Central Michigan University • 1200 S. Franklin St. • Mount Pleasant, Mich. 48859 • 989-774-4000