Student Finance Committee
Student Finance Committee, more commonly referred to as SFC, is a student organization that allocates funds generated from the student activity fee to various student organizations, students and sports groups on campus.
There are three types of groups that receive funding: 1. Chartered student organizations 2. Un-chartered student organizations (This includes individuals and groups that wish to put on events.) 3. Dorms
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[edit] Office Hours
Monday - Friday
12:30 pm - 1:30 pm
[edit] Committee
The seven voting members of the SFC are selected by the Student Senate. General members and co-chairs are present at 1 or 2 office hours per week respectively, as well as weekly ad-hoc and policy meetings that involve the entire committee.
In addition the office house the Student Treasurer and her staff.
[edit] Allocations
SFC's main responsibilities are the Spring Budgeting proccess, Fall Appeals, and Ad-Hocs.
[edit] Spring Budgets
The spring budget allocation process involves reviewing the annual budgets of student organizations. This process is only open to chartered student organizations. During the spring process, the committee goes over every single budget together and reaches an allocation for each budget based on SFC allocation policies. Budgets that do not meet the budget guidelines are tabled until the fall appeals process.
[edit] Ad-Hocs
The "ad hoc" pool of the SFC is a small reserve of funds the SFC retains for emergency and unforeseen situations which arise during the course of the year.
Additionally, during the ad hoc process, the following have an opportunity to submit a budget and receive an allocation:
- Chartered organizations whose budgets were tabled
- Organizations that were chartered after the Spring Process
- Organizations that did not submit a budget at all, submitted an incomplete and/or late budget
