Payroll Draw Policy

Payroll Draw Policy

After 30 days of employment, sixty percent (60%) of an employee’s earned gross wages prior to the employee’s designated payday may be authorized. A payroll draw is subject to approval by the Director of Budget and Payroll or the Vice President for Finance and Administration.  An emergency situation shall be defined as an unusual, unforeseen event or condition that requires immediate financial attention by an employee.

Emergencies include, but are not limited to, the following circumstances:

1. Death in family

2. Car repair

3. Theft of funds

4. Medical

Employees are limited to three (3) pay draws within a calendar year. Requests for draws require a 24-hour turn around period, upon receipt of the payroll draw deduction form. In the event that a draw is requested while payroll is in process for that month, a check for reimbursement in the amount of the draw will be required and cashed upon closure of payroll.

Student employees are not eligible for pay draws. Students may apply for emergency loans through the EOU Financial Aid Office.

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