Laini Harris (pictured), 45, had been under investigation for some time, according to a news release from the university Police Department.
Harris was employed at the Upper Eastside Lofts, a CSUS student apartment complex. She is accused of misappropriating residents' rent payments.
Harris was arrested Monday, booked at Sacramento County Jail and released the same day.
According to Sacramento Superior Court online records, she is to be arraigned April 11 on a misdemeanor count of embezzlement.