The student must pay any overtime fees directly. It also explains the accounting procedure for recording remissions. The combined student compensation is reasonable and based explicitly upon performance of work. The institution must formally notify the student that fee remission is a fringe benefit related to work performed, not a form of student financial aid. The institution similarly compensates students in non-sponsored activities.
Remission is recorded as a fringe benefit expense according to the graduate's salary charges.
This results in the remission being shown as a direct or indirect cost depending upon where the graduate's salary is accounted for. If the graduate student's work performed does not justify the payroll charges, the salary and related benefits should be adjusted. C. Accounting Procedure Tuition and fees should be recorded as revenue even though collection from the student is not intended. Remissions are recorded as expenditures and classified as staff benefits. Benefits are assigned specifically rather than as an average monthly automated percentage assessment.