The Finance Board has the responsibility of allocating the Student Activity Fee for a wide variety of events on campus for the undergraduate student body at Northeastern University. Every student organization that has been recognized by the Student Involvement Board and the Center for Student Involvement has the opportunity to request funding from the SAF Fund through the Finance Board. Campus wide events, which include but are not limited to speakers, comedians, concerts, and cultural events are encouraged. Furthermore, annual budgets, equipment budgets, publication budgets, and supplemental budgets are also heard by the Finance Board. The Board is consisted of 12 members in total with 6 students at large and 6 academic senators. The Board strives to fund student organizations in the most equitable way with greater emphasis on events that encourages collaboration between student organization, events that mirror the student organization’s goal, and events that create the most value for the undergraduate student body.
Board Chair: James Baek, Comptroller
Contact Email: email@example.com
Meetings: Wednesdays, 6:00pm in 435 Curry Student Center
Office Hours: By Request in 332 Curry Student Center
The Student Activity Fee:
The Student Activity Fee is paid by all students each year and currently stands at $136, 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 5 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.