Student Organization Funding
We will be piloting a new funding processing for the 2007-2008 school year. Funding will be allocated in two categories: Operating Funds and Programming Funds.
Operating Funds
Operating Funds are funds that are used to run the everyday life of your organization. Operating Funds are allocated each semester by the Finance Board of the Student Government Association. To apply for Operating Funds, student organizations must complete an Operating Funds application by the third Tuesday in September and the third Tuesday in January.
Programming Funds
Event Programming Funds are funds that provide financial assistance to special events and programs hosted by chartered student organizations. Event Programming Funds are allocated monthly by the Finance Board of the Student Government Association. To apply for Event Programming Funds:
1. Submit an Event Programming Fund request form online or to the Student Government office in the Frazier Health Center by the first Tuesday of the month prior to the month in which the event is taking place.
2. The Finance Board will meet and review funding requests and allocate funding by the following SGA meeting.
3. Approved amount will be transferred into the organization's account within a week after the Finance Board's decision.
4. Within 30 days of the event, an Event Evaluation form must be submitted to the Office of Student Organizations.
Audit Forms and Event Evaluations
In order to ensure your organization’s compliance with the Funding Guidelines, all organizations must account for how Operating Funds and Event Programming Funds were spent.
Operating Funds are accounted for via the year-ed Audit Form, which must be completed by May 1, 2008. You must attach receipts of everything you purchased with the allocated Operating funds.
Programming Funds are accounted for via the Event Evaluation Form. This form must be completed within 30 days of the event. A short evaluation of the event, as well as receipts of everything purchased with the allocated Event Programming Funds should be attached.
If an organization purchases items that do not fall within the funding Guidelines, this amount will be subtracted from the total possible amount for either the following Operating Funds or Event Programming Funds.
For more information about Campus Bank Accounts and Purchasing Procedures click here.