January, 11, 2011

Department of Finance Announces Revised Reimbursement for Business Use of Personal Autos

Effective for travel occurring on or after Jan. 1, Vanderbilt University will now reimburse faculty and staff at the rate of 51 cents per mile for costs associated with driving personal vehicles while on University business, and at the rate of 19 cents per mile for moving purposes. This rate will permit reimbursement at the maximum rate allowed by the Internal Revenue Service.

For more information please go to the Department of Finance homepage at: http://finweb.mc.vanderbilt.edu or to the password-protected page about Enterprise Wide Travel Information at https://finweb.mc.vanderbilt.edu/Support/VUOnly/Ent-Wide/DemandCheck/Travel.asp.