Close a Change Fund
Before You Begin
When your unit no longer needs a change fund, close the fund rather than allowing it to remain inactive. University Student Financial Services and Cashier Operations (USFSCO) may close the fund if your unit no longer has a business need for it.
You must return the full amount of the change fund when closing an account. For example, if your change fund is for $100, you must return $100 to USFSCO.
When closing a change fund, do not send cash to University Payables.
Begin
To close a change fund:
- Take the cash to your campus USFSCO Office, not to University Payables. Advise the cashier that you’re closing a change fund.
- Keep the receipt from USFSCO for your unit’s records.
USFSCO Petty Cash & Change Funds
Campus USFSCO Office locations and hours:
Urbana
Chicago
Springfield
Last Updated: October 21, 2011 | Approved: Senior Associate Vice President for Business and Finance - February 2008