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Financial Operations & University Reporting

Equipment Trust Fund

Guidelines for Equipment Trust Fund

The Higher Education Equipment Trust Fund (ETF) was established by the General Assembly to meet a need for new or updated equipment for various educational and general programs in Virginia institutions of higher education. The State Council of Higher Education (SCHEV) and the Virginia College Building Authority (VCBA) administer the ETF Program. SCHEV and VCBA sell bonds to raise the funding for this program. As a recipient of this funding, the University is obligated to meet certain legal requirements associated with this fund, as established by SCHEV and VCBA. The Budget Office and UVA Fixed Assets Accounting coordinate all ETF-related activity for the University of Virginia. Please see the University's ETF Policies and Procedures for more information.

Other Links
Surplus Property
Development Office
DCI Project
Budget Office and ETF Guidelines