Section 7.0: Finance and BusinessTable of Contents7.1 General Policy on Finance and Business7.1.1 Appropriation and Allocation of Funds7.1.2 Accounting and Reporting7.2 USG Budget7.2.1 Educational and General Revenues and Expenditures7.2.2 Auxiliary Enterprises and Student Activities Revenues and Expenditures7.2.3 Operating Budgets7.2.4 Budget Amendments7.2.5 Liability for Expenditure of Budgets7.3 Tuition and Fees7.3.1 Tuition7.3.2 Student Fees and Special Charges7.3.3 Tuition and Fee Payment and Deferral7.3.4 Out-of-State Tuition Waivers and Waivers of Mandatory Fees7.3.5 Refunds7.4 Private Donations to the USG and Its Institutions7.4.1 Naming of Places, Colleges, or Schools7.5 Fund Management7.5.1 Banking7.5.2 Investments7.5.3 Loan Funds for Matching Purposes7.5.4 Georgia Eminent Scholars Endowment Trust Fund7.6 Travel7.7 Purchasing and Contracting Regulations7.7.1 General Policy7.7.2 Employee Purchasing7.7.3 Construction Contracts7.7.4 Contracts with Veterans Administration7.7.5 Background Checks of Supplier and Contractor Employees7.8 Insurance7.8.1 Property Insurance7.8.2 Liability Insurance7.8.3 Fidelity Bond7.9 Auditing7.9.1 State Audits7.9.2 Internal Audits7.10 Board of Regents’ Retiree Health Benefit Fund7.10.1 Investment Policy7.10.2 Other Post-Employment Benefits Funding Policy7.11 Risk Management7.11.1 Definition of Risk7.11.2 Management of Risk7.11.3 Institution Implementation of Risk Management Procedures7.12 Compliance7.13 Designation of USG as a Hybrid Entity Under HIPAA