The Finance Board is charged with allocating the Student Activity Fee for a wide variety of events on campus for the undergraduate student body as well as annual budgets. Every eligible student organization has the opportunity to request funding from the Finance Board for campus-wide events, which include but are not limited to speakers, comedians, concerts, cultural events, and theatrical and other celebratory performances. The Board reviews the program present and does not judge the student organization.
The Student Activity Fee:
The Student Activity Fee is paid by all students each year and currently stands at $131, with a total annual value of over $2 million collected and then allocated out. Amounts available to be allocated, along with associated request deadlines, are available at the beginning of each Fiscal Year (runs July through June). Organizations are provided a detailed memorandum within 6 business days of the decision, detailing the Finance Board’s decision on their request, including reasoning for any reduction or denial of funding.
Student Activity Fee Statement of Accountability:
We believe we have a responsibility to all Northeastern students (the stakeholders) to ensure that the Student Activity Fee, of which the Finance Board is entrusted to allocate to on and off-campus events, is invested in ways that will produce the greatest impact on the lives of Northeastern students. The Finance Board is committed to ensuring that all Northeastern students have access to allocation information in a timely manner, as it is able to be made public.
Finance Board Funding Vision:
In order to allocate the Student Activity Fee in a way that maximizes the benefit for all undergraduate students, who pay the annual fee, the Finance Board looks to promote an environment where:
-Collaboration is emphasized in the interest of promoting campus unity and higher quality events,
-Events catering to large groups of students are balanced with those which cater to a smaller number,
-Funding shall be spread out among a variety of organizations to ensure quality events in all facets of campus life,
-Funding shall be distributed to promote long-lasting and sustainable operations that are in keeping with modern technology.
Board Chair (Comptroller): James Baek
Contact Email: email@example.com
Meetings: Wednesdays at 6:00pm in 433 Curry Student Center
To learn about joining the Board, take a look at the Board Member Application on OrgSync or email us at firstname.lastname@example.org.
Finance Board Minutes
June 10, 2015
June 17, 2015
June 24, 2015
July 1, 2015
July 22, 2015
July 29, 2015
August 19, 2015
August 26, 2015
September 9, 2015
September 23, 2015
September 30, 2015
October 21, 2015
October 28, 2015
January 13, 2016
January 20, 2016
January 27, 2016
February 3, 2016
February 10, 2016
March 2, 2016