Hi Student Org Leaders,
We hope that you are all doing well as the semester gears towards finals. This email briefly outlines the state of student organization funding, just so everyone is on the same page.
For the Fiscal Year of 2013-2014, the SGA Finance Board began with a budget of $230,000.00 to allocate to student organizations.
As of right now, the Finance Board has allocated $124,177.76 to over 50 student organizations. Thus, the current amount left in our budget is $105,822.24 for the remainder of the Fiscal Year (July 1-June 30). We receive a far larger volume of requests than we can accommodate each year, and must manage the funds carefully to make sure students get the greatest possible benefit from their investment of fees. We appreciate all that organizations are doing to create an engaged, vibrant sense of community on campus.
AS WE MOVE TOWARD WINTER BREAK, PLEASE NOTE THE FOLLOWING:
- The last Finance Board meeting of the fall semester is Tuesday, December 10th, 2013 at 5:30 p.m. in Commons 318.
- The first Finance Board meeting of the spring semester is Tuesday, January 28th, 2014 at 5:30 p.m. in Commons 318.
- Keep in mind that if your organization is planning on having an event soon after the semester begins, you may wish to submit your Allocation Request prior to leaving for Winter Break (the usual deadlines--submitting the allocation request form 60, 30, and 15 days in advance depending on the amount requested--will be in place). More specifically, if you plan on requesting funds for an event or initiative in the first two weeks of the spring semester, you'll need to submit your request by Wednesday, December 4 (the submission deadline to be on the agenda for the Tuesday, December 10 meeting).
- If your organization is planning on having a large-scale event next semester, we encourage you to plan ahead in order to be considered for funding. Remember that as the spring semester goes on, the Finance Board has fewer funds to allocate.
- Although it is not technically possible to reserve locations for the Spring Semester (academic spaces) until two weeks after classes start, the Finance Board only requires that your organization have a stamp from Events Planning (3rd floor of the Commons, Rm. 336) on your Allocation Request Form confirming that you are in the process of reserving a space. Please note that anyone in the Events Planning office can stamp your form, not just Jackie Aliotta.
If you ever have any concerns about Finance Board meetings, SGA's allocation process, or anything else, please know that you can contact Sara Kim (Chair, Finance Board) or Haneen Daham (SGA Treasurer).
