Business and Finance Committee

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    How the Business and Finance Committee Works

     

     

    The Business and Finance Committee acts as a liaison between the Senate and Student Organizations regarding financial matters. Any Student Organization can come to the Business and Finance Committee to request funding for programs that the organizations are holding. To do this, a representative of the Student Organization must fill out an Allocation Request Form (available online at the bottom of the page). Stipulations as to what the committee can fund are listed on these forms. The Allocation Request Forms can be turned in at the Student Government Office. Once the forms are turned in, a representative from the organization must attend a Business and Finance Committee meeting (held on every other Tuesday at 6:30PM. At this meeting, the maximum amount the committee can approve is $1000. For allocation requests over $1000, the committee must approve the first $1000 of the allocation request, and then a representative of the organization must appear before the Senate to request the remainder of the amount. All allocation requests are subject to the approval of the committee and no money is guaranteed.

  • Money Allocation Request Process and Forms  

    7 Easy Steps for Student Government Fund Allocation

     

    1) Go to http://www.emich.edu/studentgov

     

    2) Click the tab titled “Business and Finance Committee” on the left hand side and read the information on the application process.

     

    3) After the Business and Finance tab is clicked, a sub link appears underneath titled “Allocation Application”. This is the online part of the application which allows us to know that your organization is interested in funds.

     

    4) Upon submission, the primary contacts listed from your organization will receive the paper application via email or by picking one up from the Student Government Office in room 342 of the Student Center. You will also schedule to meet with the Student Government Director of Organizational Relations for a mandatory application review.

     

    5) Following the submission of a complete application, including invoices, the representative will be asked to present in front of the Business and Finance Committee, where their request may be approved up to $1000.00. 

     

    6) If the amount exceeds $1000.00, the representative will be asked to present at a Senate meeting the following week.

     

    7) Receipts must be provided after the event in order for any funds to be transferred.

     

    Applications must be submitted on the Tuesday one week prior to the next Business and Finance Committee meeting by 5pm.
    The Business and Finance Committee Events and Funding Restrictions

    Promotional Material: All promotional material for an event must include “Funded by Student Government” or the current, official Student Government Logo on said material. All advertisements must approved by the Director of Business and Finance before publication.


    Food: Food may only be funded if supplied by University Catering and/or a committee approved vendor.


    Prohibitions: The Business and Finance Committee will not fund the following:
    Events not open to all currently enrolled students at Eastern Michigan University.
    Events that discriminate against any group or individual.
    Events that do not take place on campus, except conferences.
    Speaker fees or honorariums.
    Travel or hotel-related expenses.
    Office equipment or supplies.
    Donations.
    Avoidable interest fees.
    Events where alcohol is supplied, served, or consumed by participants.
    Events where the law is being broken.
    Any damages that occur during an event.
    Deposit on equipment of facilities.
    Prizes, gifts, or awards.
    Any political or ideological activities, events, publications, or advocacy.
    Any payment to a member of the organization for services provided.

     

    Allocation Contacts

    Prior to allocation approval contact:
     
    Director of Organizational Relations
    Jahmeel Powers

    After allocation has been approve contact:
    Chair of Business and Finance
    Jeff Kennedy
    jkenne18@emich.edu
      


     

     
 

      • Fall Meeting Schedule:

        09/06/11    Student Center Rm 300

        09/20/11    Student Center Rm 310A

        10/04/11    Student Center Rm 310A

        10/18/11    Student Center Rm 300

        11/01/11    Student Center Rm 301

        11/15/11    Student Center Rm 301A

        11/29/11    Student Center Rm 301

        12/13/11    Student Center Rm 301


        Winter Meeting Schedule:


        01/10/12    Student Center Rm 301

        01/24/12    Student Center Rm 301

        02/07/12    Student Center Rm 301

        02/21/12    Student Center Rm 301

        03/06/12    Student Center Rm 301

        03/20/12    Student Center Rm 301

        04/03/12    Student Center Rm 301

        04/17/12    Student Center Rm 301

         

        *All Business and Finance Committee Meetings start at 6:30