http://www.virginia.edu/finance/polproc/images/doc_hdr.gif

Procedure: 8-41

Effective: February 10, 2010

Owner: Office of Sponsored Programs

Latest Revision: March 18, 2010

 

Graduate Student Health Insurance


Procedure Steps | Scope | System References | Policy |Responsibility| Distribution | Ownership

 

 Scope

This procedure is to provide further guidance on the costs of the health insurance subsidy for graduate research assistants (GRAs) from university general education funds to sponsored program awards.

 

Policy [Top]

VIII.A.6, Consistent Treatment of Sponsored Program Costs

VIII.C.1, Compliance With Sponsor Requirements

 

Responsibility

The Assistant Vice President for Research Administration is responsible for setting a procedure allowing for the direct charging of graduate student health insurance to sponsored program awards.

 

Distribution [Top]

School and Research Administrators
Fiscal Contacts

 

Ownership [Top]

The Director of Award Management and Accounting is responsible for ensuring that this procedure is necessary, reflects actual practice, and supports University policy.

 

Procedure Steps [Top]

Clearing PTAEOs are to be used to charge the full cost of health insurance. The charging process will operate similarly to the tuition remission process and cover the academic year. The total cost is allowed to be transferred to sponsored program awards.

NOTE: In all circumstances the Budget Office requires that GRA insurance costs be transferred from clearing accounts to the appropriate University awards.

 

The healthcare premium for 2009/2010 year is $2092, with coverage lasting from August 15, 2009 through August 14, 2010. Premiums will change from year to year, thus it is important to check the following website for additional information on the cost of graduate health insurance: http://www.virginia.edu/studenthealth/insurance.html

 

Health insurance costs charged to sponsored program awards should be distributed proportionally to all sources funding of the GRA, including any GTA or GAA combinations over the course of the academic year. For example, if a graduate student is a GRA for the Fall Semester and a GTA for the Spring Semester, the cost allowed to be charged to sponsored programs should be split between the GRA funding sources and the GTA funding sources over the Fall and Spring Semesters. Insurance costs should be transferred from clearing PTAEOs at the end of each semester and allocated per insurance eligibility requirements.

 

It is important to note that if LD adjustments are processed which remove pay from a grant source and health insurance or tuition have been charged, those must be moved off as well.

 

I. Processing Insurance Charges to Grants:

 

NOTE: Use one of the following expenditure types to charge insurance for graduate students depending on your circumstance as explained below.

 

Use "Svcs, Ins, Health Grad F&A" for awards made after January 1, 2006 for which F&A was budgeted.

  • Insurance charges are to be allocated in proportion to all pay sources of the GRA over the academic year.
    • LD should be scheduled and confirmed prior to transfers.
    • A GRA working a full academic year would be charged 1/3 of the insurance in accordance with scheduled LD.
  • Insurance charges should be transferred from clearing accounts by semester, at the end of each semester. For Fall semester transfers must be completed by December 31st of that year. For Spring Semester transfers must be completed by May 31st of that year.
    • Regular cost transfer rules apply (see procedure 8-20) with the only exception being moving a portion of the cost to a future award that has not yet been received/ established in the integrated system.
    • A retro request will be required for insurance cost transfers NOT processed within 90 days from the end of the semester.
  • Transfers are to be done using the Oracle Usage batch “cost transfer” functionality.
  • The word “GRA insurance- SpringYYYY” or “GRA insurance- FallYYYY” should be the first thing in the expenditure comment field followed by the normal required information, see procedure 8-20.

 

If your award is exempt from F&A -- Use "Svcs, Ins, Health, Grad Stdnt." This is only to be used if you are charging a competitive or continuation award that started prior to December 31, 2005 , OR on any award received prior to January 1, 2006 that is based on a budget submitted prior to January 1, 2005

 

II. The following are specific examples of common funding situations and how the cost transfer should be processed. All assume that the cost of insurance is $2092 AND that two decimal places are used in the calculations.

 

Example 1. GRA paid 50% from one grant and 50% from one non-grant source for Fall Semester and the GRA leaves the University at the end of the semester, graduated or otherwise.

 

LD is assigned as follows:

GC12345/123450 50%

DI12345/156789 50%

 

Expnd Item Date

Project Number

Task Num

Award Number

Expnd Type

Non-Labor Resource

Non-Labor Org

UOM

Quantity

Comment

09-Nov-06

123450

101

GC12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

1046.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

156789

101

DI12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

1046.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

124500

101

FA00011

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

-2092.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

 

Example 1. GRA paid from one grant and one non-grant source for the academic year (Fall and Spring Semesters) and the PTA’s remain active for the academic year.

 

LD is assigned as follows:

GC12345/123450 50%  and

DI12345/156789 50%

 

Expnd Item Date

Project Number

Task Num

Award Number

Expnd Type

Non-Labor Resource

Non-Labor Org

UOM

Quantity

Comment

09-Nov-06

123450

101

GC12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

156789

101

DI12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

124500

101

FA00011

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

-1046.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

123450

101

GC12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

156789

101

DI12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

124500

101

FA00011

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

-1046.00

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

 

Example 2. GRA paid from one grant and one non-grant source for the academic year (Fall and Spring Semester) and the PTA’s remain active for the academic year.

 

LD is assigned as follows:

GC12345/123450 50% and

GC15687/158790 30% and

DI12345/156789 20%

 

Expnd Item Date

Project Number

Task Num

Award Number

Expnd Type

Non-Labor Resource

Non-Labor Org

UOM

Quantity

Comment

09-Nov-06

123450

101

GC12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

158790

101

GC15687

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

313.80

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

156789

101

DI12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

209.20

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

09-Nov-06

124500

101

FA00011

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

-1046.00

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06, TD 11/9/06

01-May-07

123450

101

GC12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

523.00

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

158790

101

GC15687

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

313.80

GRA insurance - Fall2006/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

156789

101

DI12345

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

209.20

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

01-May-07

124500

101

FA00011

Svcs, Ins, Health, Grad Stdnt

Svcs,Ins,Hlth, Grd St

20405 FI-Comptroller

Currency

-1046.00

GRA insurance - Spring2007/J. Doe/TRANS #ISISABR743USG30250, EID 11/9/06 , TD 11/9/06

 

Example 3. GRA paid from two grants and one non-grant source for the academic year (Fall and Spring Semester) and the PTA’s remain active for the academic year.


Maintained by University Comptroller
© 2010 by the Rector and Visitors of the University of Virginia . All rights reserved.