Revised 11/2/2005

POLICY:  Under University of North Dakota policy, all awards equal to or greater than $10 are subject to certain auditing requirement. Awards to employees are subject to tax withholding and should be processed through the Payroll Office. 

PROCEDURES:  The following information should be provided for all recipients of cash awards, cash equivalent awards (gift certificates) or merchandise prizes: 

• The purpose of the award
• Name and home address of the recipient
• Social Security Number of the recipient