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 as well as the accounting classes already completed. Students who are declared accounting majors and are working full time in an off campus, accounting related internship may request departmental approval to register for zero credit enrollment in Accy 290. As discussed previously, ACCY 290 is a zero credit course meaning it does not provide students an opportunity to earn credit toward graduation.
TUITION AND FEES
Students enrolled in Accy 290 for zero credit will be charged tuition in accordance with the University's published tuition rates. Students will register for the internship course (and pay tuition and fees) in the same semester that the internship work is performed. Summer interns are registered during the 12-week summer session.
Accy 290 is considered an "off campus" program by Admissions and Records and students do not pay all campus fees. The exact cost for zero credit tuition and applicable fees can be seen on the registrar’s website: http://www.registrar.illinois.edu/index.html by following the “tuition and fees” link or can be directed to the Office of Admission and Records-Registration Services 217.333.9782.
UNIVERSITY PROVIDED HEALTH INSURANCEAccy 290 students do not receive University provided health insurance coverage during the semester of their internship. Students may contact the University Student Insurance Office to learn more about the lapse in health insurance coverage during the internship semester as well as to learn about possible opportunities to purchase an extension of health insurance coverage. The office can be reached at 217-333-0165 or http://www.si.uiuc.edu/
ACADEMIC PROJECTZero credit students will write a 5 page paper as their academic project. The faculty mentor will communicate the paper topic to the student before he/she leaves on their internship. Students will stay in close contact with the faculty mentor throughout the internship semester. The student is expected to prepare the project during the semester such that the paper is written simultaneously as the internship work is performed. The hours spent on the project are above and beyond the hours spent working full time. All applicable due dates will be communicated by the faculty mentor directly to the student.
COURSE LETTER GRADEAccy 290 students do not receive letter grades and instead will receive a grade of “satisfactory” or “unsatisfactory."
DROPPING THE COURSEIf a student decides to drop Accy 290 they must keep the University drop dates in mind or risk losing tuition. Students should email their advisor to request the drop. This email should be sent well in advance of the drop deadline. Please also copy your faculty mentor on this email. The drop policy for the internship course is no different than for any other course at the University. Information about drop dates can be found by accessing the Registrar’s web site: http://www.registrar.illinois.edu and selecting the appropriate link.
APPLYING FOR ACCY 290 ENROLLMENT
- International students who are working in the United States on a student visa need to meet with an advisor at 217.333.1303 before considering any form of off-campus employment.
- All students should meet with their academic advisor in order to update their program of study for the time off during the internship semester.
Review the below items, and if applicable, discuss them with your academic advisor:
- SUMMER INTERNS WITH A MAY GRADUATION DATE: If you require CPT, this will pose problems for item (2) below. Additionally, summer interns who graduate in May and start graduate school in the fall may not be able to register for any summer coursework. Meet with an academic advisor to discuss your status at the University as well as available options.
- REMAINING DEGREE REQUIREMENTS & CPT: In order to qualify for CPT, international students, prior to the start of the CPT, must not have finished all coursework required for their degree.
- CPT & COURSEWORK DURING THE INTERNSHIP SEMESTER: In order to obtain full time status, students may not register for any coursework, other than Accy 290, during the semester of their internship. As a result of this limitation, students sometimes choose to take online courses at another institution such as Parkland College.
- Start the application process by emailing the internship program director (using your official University email account) with the following information:
- Your legal name, UIN, anticipated degree(s), declared major and expected graduation date(s).
- The details of your internship experience (company name, department, dates, location, a brief description of the type of work you will perform) and an explanation as to why you need full time status. Please note that the department will also eventually need a copy of your employment offer letter as well as the exact start and end date for your internship. You should begin now to gather this information if you do not already have it.