Finance News

May 28, 2025

Fresh Updates to the UCO Website

Written by Zeryn Macklin. The University Cashier’s Office (UCO) recently launched a newly designed website aimed at making information easier to find and navigate. While the Student Services Center remains the main hub for student-facing tools like tuition and fees, billing, payments and refunds, the UCO website focuses on highlighting our services, resources and operational…

May 28, 2025

Uncancellable Costs When a Grant Is Terminated

Written by Justo Torres. When a grant is unexpectedly terminated—due to project changes, funding cuts or noncompliance—grantees often face financial obligations that cannot simply be canceled. These are known as uncancellable costs, and they refer to commitments that were made in good faith under the assumption that the project would continue as planned. Uncancellable costs…

May 28, 2025

June 2025: Year-End Reminders

Written by Arianna Williams. The University Controller’s Office (UConO) would like to share one more reminder around critical fiscal year end deadlines. We want to make sure we have another timely, accurate and successful processing of financial data and reporting.

May 28, 2025

Private Grant Funding for NC State

Written by Brooke Labashousky. Foundations Accounting and Investments (FAI) has recently seen an increase in private grant funding requests for the university. We encourage department business offices and foundation business offices to work with their faculty in achieving these important funding opportunities.  Many private companies that work with faculty in research grant funding do not…

May 28, 2025

Procurement Strategy for Tariff Challenges

Written by Sharon Loosman. Recent federal tariff announcements are expected to impact nearly all trading partners, particularly shipments and orders from China. These developments present potential challenges for our procurement operations at NC State, including delays, additional fees, order cancellations and pricing adjustments. Given this uncertainty, we must take proactive steps to reduce the impact…

May 28, 2025

SIM 101 Earns Quality Matters Certification

Written by Maria Fister. We are proud to announce that Supplier Information 101, one of the courses that is part of the Business Officer Academy, has achieved Quality Matters (QM) certification. Quality Matters is an organization globally recognized for leading quality assurance in online and innovative digital teaching and learning environments. This certification signifies that…

May 28, 2025

June 2025: Business Connections Updates

Business Connections Meetings Update The University Controller’s Office hosted the final Business Connections meeting of fiscal year 2025 on April 10. Our monthly meetings will resume in fiscal year 2026, beginning on September 11. For meeting schedules, updates and resources, please visit the Business Connections page.  Interested in Presenting? Do you have a topic you’d…

May 28, 2025

June 2025: What’s New in the Knowledge Base?

In the Finance Division Knowledge Base, you can find instant answers to your most frequently asked finance and business questions. This month, we published the following articles, answering questions about the MarketPlace, contract review, shipping and sales tax exemption. 

May 28, 2025

June 2025: Announcements, Reminders and Tips

Faculty/Staff Waiver Deadline Faculty and staff planning to use a tuition waiver for the Fall 2025 term must submit their waiver requests by the billing due date, July 23. Learn more in the Tuition Waiver Guide. Returned Check Fee Increasing July 1 Effective July 1, the returned check fee will increase from $25 to $35.…

May 28, 2025

June ’25 Events

Take a look at the following events and important due dates for the month of June: