The University of Chicago
Check Cashing Policy

Check cashing service is offered to University of Chicago faculty, staff, students and credit union members. Hospital employees who are credit union members can only cash credit union checks. The following policies will be adhered to:

1. $800 limit on credit union checks.
   $500 limit on University Accounts Payable checks.
   No limit on University Payroll checks.
   $150 limit on all other checks.

2. A University of Chicago ID is required to cash checks. Hospital employees that are credit union members must present their hospital ID and another form of identification bearing a social security number.

3. A 50 cent check cashing fee will be charged per check up to $50. For checks over $50, the fee is 50 cents per $50 increment. No fee is charged for cashing University of Chicago checks.

4. A $25 service fee will be charged for each returned check.

5. Bi-weekly payroll checks cannot be cashed in the Bursar’s Office.

6. Monthly payroll checks may be cashed in the Bursar’s Office for University employees on payday only.