Spring Break
SAFAC announces annual allocations
By: Olga Filippova
Issue date: 5/25/07 Section: News
Originally published: 5/25/07 at 4:58 AM EST
Last update: 5/25/07 at 4:57 AM EST
Originally published: 5/25/07 at 4:58 AM EST
Last update: 5/25/07 at 4:57 AM EST
Over $1 million dollars was distributed by the Student Activity Fee Allocation Committee finalized funding for the fiscal year of 2008 May 20.
The three organizations with the highest allocations were the Campus Activities Board, the Lexerd Yearbook and Men's Ice Hockey. The three organizations with the lowest allocations were Psychology, the Institute of Electrical and Electronics Engineers and the American Chemical Society.
A total of $1,345,595 was distributed between 89 student organizations.
All of the 89 student organizations that applied for funding received it. Fourteen new organizations collected funding for the coming year. They included Alpha Kappa Psi, the American Red Cross, Dragons Abroad, Engineers without Borders, Equestrian Club, Finance Association, Judo Kempo, Men's Baseball, Mini-Baja, Siggraph, Smart House, Squash Club, VIEW and Women's Soccer.
When considering a funding request, SAFAC has certain criteria for items which they will or will not fund. The first category is operational expenses, or "office supplies" which are expected to last a year or less. The second is capital expenses, which includes equipment that lasts between three to five years, and may consist of banners and sports equipment. SAFAC also provides funding to cover travel expenses to conferences.
"The annual allocations process is a long and strenuous process every fiscal year for SAFAC," Bridget Scanlan, the assistant director of the Office of Campus Activities said. "The SAFAC board puts a lot of time and effort into this process to make sure everything is run as smooth as possible."
Over the past five years, the total amount allocated has been increasing steadily. The amount allocated for the fiscal year of 2008 exceeded the amount from last year by over half a million dollars. Since 2004, the amount distributed to student organizations has almost tripled from $585,318.
The number of student organizations, however, has fluctuated over the past five years. This year, 14 new organizations were added, bringing the total to 89 student clubs. There was a sudden drop in student groups after 2004, and this is the first year that the number of organizations has matched the 2004 number.
After the money allocations are released, student organizations have the opportunity to file an appeal and send their allocation request back to SAFAC for further review. This appeal request is due by May 30. SAFAC has $395,739 set aside for appeals funding and $93,731 for reserve funding for the 2008 fiscal year.
In order for a student organization to receive annual allocation, it must meet certain criteria. First, the Office of Campus Activities must recognize the club. Second, the organization must extend open membership to all full-time, currently enrolled, undergraduate Drexel students or be considered as an "umbrella" organization. The club must be one hundred percent undergraduate and neither political nor religious in nature.
During the past school year, SAFAC moved under the authority of Student Life. Scanlan stated no changes were made to the annual allocation process since the transfer.
The three organizations with the highest allocations were the Campus Activities Board, the Lexerd Yearbook and Men's Ice Hockey. The three organizations with the lowest allocations were Psychology, the Institute of Electrical and Electronics Engineers and the American Chemical Society.
A total of $1,345,595 was distributed between 89 student organizations.
All of the 89 student organizations that applied for funding received it. Fourteen new organizations collected funding for the coming year. They included Alpha Kappa Psi, the American Red Cross, Dragons Abroad, Engineers without Borders, Equestrian Club, Finance Association, Judo Kempo, Men's Baseball, Mini-Baja, Siggraph, Smart House, Squash Club, VIEW and Women's Soccer.
When considering a funding request, SAFAC has certain criteria for items which they will or will not fund. The first category is operational expenses, or "office supplies" which are expected to last a year or less. The second is capital expenses, which includes equipment that lasts between three to five years, and may consist of banners and sports equipment. SAFAC also provides funding to cover travel expenses to conferences.
"The annual allocations process is a long and strenuous process every fiscal year for SAFAC," Bridget Scanlan, the assistant director of the Office of Campus Activities said. "The SAFAC board puts a lot of time and effort into this process to make sure everything is run as smooth as possible."
Over the past five years, the total amount allocated has been increasing steadily. The amount allocated for the fiscal year of 2008 exceeded the amount from last year by over half a million dollars. Since 2004, the amount distributed to student organizations has almost tripled from $585,318.
The number of student organizations, however, has fluctuated over the past five years. This year, 14 new organizations were added, bringing the total to 89 student clubs. There was a sudden drop in student groups after 2004, and this is the first year that the number of organizations has matched the 2004 number.
After the money allocations are released, student organizations have the opportunity to file an appeal and send their allocation request back to SAFAC for further review. This appeal request is due by May 30. SAFAC has $395,739 set aside for appeals funding and $93,731 for reserve funding for the 2008 fiscal year.
In order for a student organization to receive annual allocation, it must meet certain criteria. First, the Office of Campus Activities must recognize the club. Second, the organization must extend open membership to all full-time, currently enrolled, undergraduate Drexel students or be considered as an "umbrella" organization. The club must be one hundred percent undergraduate and neither political nor religious in nature.
During the past school year, SAFAC moved under the authority of Student Life. Scanlan stated no changes were made to the annual allocation process since the transfer.
