Policies & Procedures

The Business Expense Policy promotes the proper stewardship of university funds by providing guidelines for the appropriate and legal uses of these funds to support the university's mission. This policy is consistent with Generally Accepted Accounting Principles; Board of Trustees mandates; funder requirements; federal, state, and local rules; and regulations governing not-for-profit organizations.

The New School requires contractors, vendors, and external parties with whom the university does business to provide evidence of certain types of insurance coverage at specified minimum levels. The university also issues its own certificates of insurance when they are required, to demonstrate its compliance with contract insurance requirements. Review the Certificate of Insurance Policy for information.

The New School provides university-issued credit cards, also known as Purchasing Cards or P-Cards, to eligible individuals on an as-needed basis. See the Credit Card Policy for details.

The Honorarium Policy outlines the circumstances in which The New School can provide honorarium payment to guests as an expression of gratitude.

The Procurement and Open Competition Policy guides procurement of goods and services and competitive sourcing at The New School.

The Service Provider Policy ensures the proper classification of service providers, including independent contractors and vendors, before their services are engaged. An individual who is paid to provide services to The New School must be hired as an employee unless the engagement meets the requirements for a service provider as outlined in the policy.