Felician University is required by law to report receipt of more than $10,000 in cash over the course of a twelve-month period to the IRS by filing IRS Form 8300. Money orders, cashier's checks, and traveler's checks are considered cash payments.
Personal and corporate checks are not considered cash payments. The Office of Student Financial Services will notify students once a Form 8300 has been filed for them.
For additional information and instructions on Form 8300, please see IRS Publication 1544 or visit irs.gov.