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SEMESTER BUDGET APPLICATION
OVERVIEW
APPLICATION STEPS:
After becoming an official ACU student organization, SGA supplies organizations with their primary funding. SGA allocates funds to organizations each semester based on a model that objectively distributes funds based on four key components. This process begins each semester with a budget request that is completed by each organization, which is reviewed and input in the system by the Finance Team.
Organization leaders will be contacted by the SGA finance team each semester during the first week of school with detailed information on how to apply for semester funds.
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Complete a Funding request
This request will ask for information regarding the organization's membership, reach, revenues, and expenses. This information will be used by the finance team during the allocation process.
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Attend an Individual Meeting with the SGA Finance Team Since numbers can never paint the whole picture, SGA’s team meets with each organization to more fully understand the needs and unique make-up of each organization to ensure the allocation process is fair and reasonable. Schedule a Meeting
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Attend the Senate Budget Meeting
This meeting gives both the Senate and student organizations a voice in the funding process. Organizations have a chance to review their proposed budget and then lobby members of the senate in order to change that allocation. The Senate will then discuss the resolutions, make necessary amendments, and finally pass the finalized budget.
Are you a new Student Org Treasurer? We have created a detailed guide that gives in dept information about everything you might need to know:
SGA ALLOCATION PROCESS
SGA’s Allocation Process combines both a quantitative and qualitative approach to understanding the needs and nature of each organization applying for funds.
The four core principles shown on the left make up the quantitative portion of the allocation process. These are based on membership numbers, historic grant sizes, past budget usage rates, and overall request sizes.
Using these four principles as a starting point, adjustments are made to the allocations based off the qualitative information gained from the individual budget meetings which take place at the beginning of each semester during the allocation process.
FUNDRAISING
Fundraising is a great way for organizations to generate revenue that will add to the available opportunities open to each organization. Proper fundraising will allow organizations to become sustainable by not being fully dependent on funding from SGA. Since SGA is not able to fully fund most organizations and is therefore a form of supplementary funding, these suggestions will provide additional ways to increase organizational funding.
1. Charging Dues
2. Hosting Fundraising Events
3. Collaborating with Departments
4. Seeking Sponsorships/Donations
See Fundraising Resources for more information on how to raise funds
Address
Room 32, McGlothlin
Campus Center
Abilene TX, 79699
Phone
325 674 6877
Connect
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