All funds administered by UMB, regardless of fund source, are UMB Funds. UMB Funds are governed by state regulations, USM policies, and UMB policies and procedures. UMB Funds include State-appropriated general funds, tuition, fees, and other income, as well as auxiliary funds, revolving/discretionary funds, Designated Research Initiative Funds, gifts, contract or grant revenues, and other restricted funds.
A UMB Employee includes (but is not limited to) all types (regular, contingent I and contingent II) and classes (faculty, staff, students, post-doctoral fellows) of individuals who receive compensation from UMB through the State of Maryland Central Payroll Bureau.
