Accountancy

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           Julie Shapland
           Internship Program Director
           jshaplan@illinois.edu



Information for Students taking an internship for No Credit
or zero credit


NO CREDIT

(1) Can I still graduate on time if I take a semester off for an internship?

It depends. The accounting program is designed to allow you to take full semester (off-campus) internship(s). Ideally (but not always), required courses will be offered in the summer to allow you to catch up on missed coursework. Your academic advisor should be able to give you an indication about what courses will be offered over the summer sessions.

You must meet with an academic advisor as soon as you decide that you are interested in taking an accounting internship (it’s never too early). The advisor will be able to determine the particular classes you need to take and when you need to take them in order to graduate on time.

(2) Do I have to re-apply to the University?

No.

(3) Do I have to notify anyone at the University before taking my semester leave?

No. When you do not register for classes the University system will designate you as not registered for the semester.

*** It is important that you drop all classes that you may have previously registered for BEFORE leaving campus. Failure to drop advanced enrolled classes will result in a tuition liability. Please consult the current timetable for the drop deadline dates.

(4) What happens to my email account while I am on my internship?

You will lose your email account and CCSO password for the semester that you are not registered at the University.

(5) How do I register for next semester’s classes?

While you are off-campus on your internship you should be able to register online using the Banner registration system (using your enterprise ID and password). If you have questions regarding the Banner Registration System please call 333-6565 or email : registration@illinois.edu.

If you encounter difficulty registering through Banner because of your status as “not registered” please contact the following people for registration assistance. Please make every attempt to register yourself before contacting the below individuals for assistance.

• UNDERGRADUATE CONTACT: Contact Phyllis Little with the Business Undergraduate Office. Ms. Little may need to authorize you on the system before you can register. You should contact her at (217)-333-2740. Please do NOT contact her by email, as she cannot accept emails from non-uiuc accounts.

• GRADUATE CONTACT: Please contact Cindy Wood with the Department of Accountancy. Cindy can be reached at (217)-333-4572 or by email at ckwood@illinois.edu.

(6) What happens to my University provided health insurance?

Because you will not be enrolled in the university during the internship your university provided health benefits (if any) will not be available. Students have the opportunity to receive a semester "extension" of their insurance coverage. They are only eligible to receive an extension ONCE and the option is only available if they received coverage the prior semester.

Please contact the University Student Insurance Office for questions regarding extending your health insurance coverage. The office can be reached at 217-333-0165 or by the internet at http://www.si.uiuc.edu/.

What happens to my health/auto insurance if I am covered on my parents insurance policy? Your parents should check with their insurance carrier. Many carriers will continue to consider you a student if the internship is related to your field of study. Some carriers will not. If the insurance carrier needs evidence that the internship is related to your field of study please contact Julie Shapland (jshaplan@illinois.edu) and she can provide you with a letter.

(7) I am an International Student could my un-enrolled status impact my Visa?

Yes. International students who are working in the United States on a student visa need to meet with an advisor at ISSS (333-1303) before considering ANY form of off-campus employment.

(8) Could being un-enrolled for a semester impact my Student Loans or Scholarship?

Yes. Please contact the financial aid department directly to determine any implications of your being un-enrolled for a semester. A financial aid advisor can be reached at 333-0100.

You will need to contact the actual issuer of your scholarship in order to determine any implications of your being un-enrolled for a semester.


ZERO CREDIT

Certain accountancy majors may be eligible to register for "zero credit" in the internship courses.

These students would be considered enrolled as full-time at the University and would be charged tuition in accordance with the University's published tuition rates. Because the undergraduate internship course (Accy 290) is considered an "off campus" program by admissions and records zero credit students will not pay all of the typical campus fees and will not obtain University provided insurance coverage (see “fee assessment” below).

Full-time status may be significant for your external insurance carrier, for your financial aid repayment terms or for international students seeking CPT. If full-time status is not important to you, it is likely that you are best suited for a "no credit" internship. Zero credit internships are granted on a case-by-case basis by the accounting department and are primarily dependent on the type of internship work experience you will be performing as well as the accounting classes you have completed. Please contact the internship director with the following information if you believe you are a candidate for a zero credit internship.

  • The degree you are expecting to graduate with and the anticipated dates of graduation
    Internship Location
    Type of Work you expect to perform
    Why you would like to register for zero credit
    What specific accounting classes you will have completed by the time your internship starts

Fee Assessment: Zero credit students will only be assessed the general fee and will NOT be assessed the student insurance fee. Because of this zero credit students will not have University provided insurance coverage in the semester of their internship. If a student registered for zero credit wants to personally pay the student insurance fee to continue their coverage they must contact the Student Insurance Office at 333-0165 for details. This option is only available to students’ who were covered by student insurance for the previous spring term.


CPT letter: If you have been approved for a zero credit internship and you need a CPT letter for ISSS please read the information below and respond accordingly.

Please email the internship director with all of below information and a letter will be prepared for ISSS. You will be contacted when the letter is available for pickup.

The information required to be included in the letter is as follows:

  1. Your full legal name
  2. Your declared major(s)
  3. The Name of the firm you will be working for
  4. The department you will be working in
  5. The Address of where you will be working
  6. The exact dates of your internship
  7. Will your employment be full-time or part-time during your internship?
  8. The number of credits you anticipate enrolling for
  9. The dates you expect to return to campus and continue as a full-time student
  10. A thorough description of the work you will be performing (check with the person who hired you)
  11. Your anticipated graduation date(s) and the degree(s) you anticipate receiving on these date(s)

 

UIUC College of Business Department of Accountancy