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40-100.7 BOT 06-26-14 Direct Deposit for Payroll, Travel Reimbursements, and Scholarship Pay-outs (Policy) New and curr...

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40-100.7 BOT 06-26-14

Direct Deposit for Payroll, Travel Reimbursements, and Scholarship Pay-outs (Policy) New and current full-time faculty/staff and BOT/local board members will be required to participate in mandatory payroll direct deposit. Travel and scholarship direct deposit is available to staff, BOT/local board members, and students of Oglala Lakota College on an optional basis. Payroll Direct Deposit 1) Payroll direct deposit forms are available in the payroll office at Piya Wiconi 2) Employee pay may be electronically deposited directly in up to two checking and savings accounts designated by each employee. In certain cases the initial pay for a new employee may be provided by paycheck to allow for sufficient time to process direct deposit and also provide assistance with completing the necessary documentation 3) Payroll will be directly deposited into the selected account(s) on the pay day as stated on the pay period schedule for the year unless otherwise specified by the Vice-President for Business Travel and Scholarship Direct Deposit 1) Travel and Scholarship direct deposit forms are available in the payroll office at Piya Wiconi 2. Travel and/or Scholarship pay may be electronically deposited directly up to two checking and savings accounts designated by each employee. Travel and Scholarship pay will be directly deposited into the selected account(s) on the Friday following the submission of the appropriate forms or the receipt of the scholarship monies prior to noon of the Wednesday of that week