Paying a Prize or Award

Prizes and awards are amounts paid to non-employees (typically undergraduate or graduate students) in recognition of an outstanding achievement or winnings in a competition, raffle, or other contest. When paying a prize or award, it is generally for a past performance. There are tax implications for recipients of awards or prizes.

To request a prize or award payment, you will need the following information:

Recipient’s name, address, and country of citizenship
Recipient’s Social Security Number (SSN)/Individual Taxpayer Identification Number (ITIN), if applicable

Go to the Payment (Taxable) link on the Atlas Manage Reimbursements (RFPs) page to complete the online RFP form. Use G/L 420319 (Prizes & Awards - Other).

Note that prizes to non-U.S. citizens are subject to a mandatory 30 percent federal tax withholding, so if you submit an RFP for a $100 student prize, the student will receive a payment of $70.