Loss Prevention Process
Loss prevention funds are not available at this time. If you have already submitted as application, you will be notified if that application was funded or on-hold. Additional funding may come available mid-April once all of the receipts for the current applications have been received. Keep watching for an update. Application currently unfunded but received will be held for available funding.
Thank you to all those who turned in loss prevention applications last fiscal year. Thirty-two percent of the funds went to creative ideas brought forth to minimize risk and injury on our campus.
72 Applications turned in
100% of our loss prevention budget was used
46 Applications were for ergonomic equipment for offices
$10,000 was used to upgrade our rifle range to make it safer as well as reduce hazardous waste and lead exposure
Over $5,000 went toward assisting departments in becoming compliant with the new Protection of Minors policy
$10,000 went to providing various trainings to both employees and graduate students
$5,000 went toward reducing exposure to arc flash for our employees at the power plant facility
Accepting FY2015 Applications!
FY2015 has begun, please send your applications now. We look forward to seeing the new ideas that come this year!
Any university employee may apply for LP projects. LP projects can also be requested by department heads or campus environmental, health, safety, and risk management (EHSRM) staff.
1. Review Loss Prevention Guidelines and Information
2. Identify the problem and develop a plan to mitigate the risk
3. Provide supporting evidence for your application
This can be completed by a risk assessment through risk management or previous incident reports, police reports, Cause of Loss Reports, or any other supporting data available.
4. Calculate costs and savings that will arise out of the LP project
In many cases, this will be a rough estimate. However, please do your best to develop and clearly demonstrate direct or indirect costs and savings that could be realized as a result of implementing your proposed LP project.
5. Fill out a Loss Prevention funding application.
6. Get approval signature from your appropriate department head or supervisor.
This step is to confirm that management can support your plan as well as provide additional funding that may be necessary if the plan exceeds the LP funding limit or matching funding is required.
7. Submit your application to campus EHSRM office.
Campus EHSRM office will perform the initial review and approval. Once approved by the campus EHSRM office, the application will be forwarded to the System Office of Risk Services for review and final approval. The final written approval (or denial) for your LP project proposal will be returned to you from the System Office of Risk Services through your campus EHSRM office.
8. If approved, implement the project, and cooperate with any post implementation follow ups or surveys by EHSRM staff.