KU Endowment Loan
Provide KU faculty and staff information on KU Payroll Endowment Loans.
All faculty and staff employed by the University of Kansas.
In the event that an employee would miss their regularly scheduled paycheck due to an administrative error out of their control, the KU Endowment Association will grant a payroll loan. The loan will not exceed 60% of the gross wages due to the employee for that specific paycheck.
The Payroll office is the only authorized department at the University who may initiate and sign for a payroll endowment loan using the Request for KU Endowment Loan form. Loans will not be granted in cases where the employee themselves caused the delay due to untimely submission of documents, such as late timesheets.
04/15/2021: Updated Contact, Approver, and owning unit sections from Comptroller to Financial Services.
01/30/2015: Uploaded policy to the Policy Library.