The Finance Committee is responsible for allocating funds to groups recognized by the Student Senate. It conducts business in accordance to the Finance Committee Standing Rules. The committee is chaired by the Student Senate Treasurer and is composed of at least one Senator from each class and at least three Members-at-Large (non-Senate members). It allocates budgets for clubs and organizations in the spring followed by an appeals process, both are subject to the approval of Student Senate. Class budgets are allocated in the fall and are also subject to the approval of the Student Senate. Classes may continue to access funds throughout the year through the Class Budgets Fund. Any club or organization seeking additional funding for unforeseen or extraordinary circumstances, speakers, large campus-wide events, also has the ability to access a variety of funds, request are reviewed by the Finance Committee at their weekly meetings.
In addition to the normal budget requested by a student organizations, all clubs are eligible to request money from specific Senate funds. They can also request that their current funding be re-allocated or that they co-sponsor certain events with other organizations. The following explains each of these funds. Please submit all requests for funding digitally to email@example.com
Special Events Fund
Access to the Special Events Fund is available to all Student Senate and Dean of Students recognized clubs and organizations and all majors committees. The fund will begin each academic year with $100,000. The Special Events Fund is used to fund events that are open to the entire campus community. Examples of events commonly funded by the Special Events Fund include speakers, dinners, and dance parties. All Special Events Fund requests must be made at least 4 weeks in advance of the event, exceptions will not be made.
Special Events Fund Request Form
Social Progress Fund
The Social Progress Fund is a special Fund created by the Student Senate for the 2011-2012 academic years. It is open to organizations, groups, and individuals. This fund can be used for programming, events, and resources designed to educate on and prevent discrimination in all its forms, with a special emphasis on gender-based violence. The fund contains a maximum of $10,000.
Social Progress Fund Request Form
The Discretionary Fund is used to fund student groups which do not achieve Senate recognition until after spring budget hearings and for existing organizations with requests of an extraordinary nature. The Fund will begin each academic year with $10,000 and all existing groups are limited to a total of $1,000 per year in requests. The Discretionary fund will not be used to compensate for negligence or poor organizational planning at the time of budget hearings, and will not be used to appeal prior decisions made by the Finance Committee.
Discretionary Fund Request Form
Social Enhancement Grant
This fund exists to provide funds for any group of students, club, organization, or residential advisors to program for smaller events. A request may be up to $200.00. All requests must be submitted at least seven days ahead of the request date and must be substance Free. Priority will be given to late night and weekend programming.
Social Enhancement Grant Request Form
Organizations that wish to purchase items outside of their approved budget may submit a Budget Reallocation form to be reviewed by the Finance Committee. Funds may be reallocated from the same event or from a different budgeted event. Funds may also be reallocated to another organization for a co-sponsored event.
Reallocation Request Form and Co-Sponsorship Form
The Enterprise Fund is open to all Student Senate and Dean of Students recognized clubs and organizations. The fund will begin each academic year with $1,000. Organizations wishing to initiate an innovative and tangible fundraiser may request a loan from the Enterprise Fund. All loans must be repaid within 1 calendar year. Requests are limited to $500.
Enterprise Fund Request Form
Class Budget Fund
The Class Budget Fund can be accessed by the officers of each class year. It will begin each academic year with $10,000-$15,000. The fund is used to fund class events not approved during the fall budget process. All funding requests must be submitted to the Finance Committee no more than 4 weeks and no less than 1 week prior to the event.
Class Budget Fund Request Form