Policy Directory by Glossary Terms
|Qualified Exigency Leave||
Military leave which may be used for such pressing or urgent situations as:
Qualified personnel must be knowledgeable of the electrical equipment or systems that they work on, the inherent electrical hazards and how to avoid them. OSHA 1910 Subpart S-Electrical and NFPA 70E (8) hour training, including refresher training, is required for personnel assigned to facility maintenance and service responsibilities related to electrical equipment and facility electrical systems. Training shall include electrical safety work practices and the protective measures necessary to avoid shock and burn injury hazards.
Any amount received by an individual who is a candidate for a degree at an educational organization used to pay for tuition and any fees, books, supplies, or equipment required for courses of instruction at such educational organization. (IRC 117.) Payments deemed "qualified scholarships" are not includable in the gross income of the recipient, are not subject to withholding, and are not reportable by the educational institution.
|Qualified Security Assessor (QSA)||
An individual who has been certified by the Payment Card Industry Security Standards Council to validate a merchant’s or service provider’s adherence to the Payment Card Industry Data Security Standards.
A logo, text, or other identifier incorporating a link to a Web site external to the University of Virginia, placed on a UVA Web page to acknowledge donation of services, products, or financial or research support to the University of Virginia or an office, unit, center, department, or division of the University of Virginia. The IRS defines sponsorship as "a payment for which there is no expectation that the sponsor will receive a 'substantial return benefit,' the income received by the sponsored organization is not subject to tax as unrelated business income."
Funds established to function like an endowment, but which may be expended at the discretion of the entity’s governing board. The principal is typically preserved while expenditures to support the purpose may be made from quasi endowment distributions. Distributions are determined in accordance with the entity’s spending policy.