Employees in regular full-time positions accrue annual time at rates that are based upon their years of full-time service at the George Washington University. Regular part-time employees’ accrual rate is based on the level of effort in their position, i.e., number of hours worked per week. Annual time is accrued on the basis of a full calendar month of employment and is credited on the last workday of the month. All annual time is available on the first day of each fiscal year and may be used in advance of accrual at the supervisor's discretion. The university's fiscal year begins July 1 and ends June 30.