Direct desposits are processed weekly on Wednesdays. Reimbursement and honorarium requests received by Friday are processed the next Wednesday.
We make every efforts to process reimbursements and honoraria in time. However, factors such as incomplete Form W9 (only required if you are accepting honorarium), incorrect bank details, etc. delay the processing.
Please note that:
- We are unable donate the honorarium to another organization on your behalf.
- We can not pay another entity or individual for services provided by you. The form W9 and bank account should match the faculty name.
- We are unable to pay honorarium or reimbursements in the form of a gift card.
- We are required by law to report the honorarium payments to the IRS. We issue a form 1099 at the year end to all recipients who meet the threshold.