ARCHIVED Bulletin: Mileage Reimbursement Rate for Personal Auto Use Increases to 58.5 Cents Per Mile (Posted July 1, 2008)

Effective Tuesday, July 1, 2008, Mileage Reimbusement Rate Increases

The IRS has increased the government mileage rate to 58.5 cents per mile effective July 1, 2008. Stanford University’s mileage reimbursement rate policy is to match the IRS rate, so as of July 1, 2008, personal auto use will be reimbursed at the new rate of 58.5 cents per mile. The iOU module for reimbursements has been updated to reflect this new rate.

If you have any questions, please contact Customer Outreach in the Disbursements Department by submitting a help ticket to HelpSU or calling 725-9100.

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