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Module 1: Getting Started and Requirements

Section 1: What is SI Budget?

Watch the short video here to learn about the Student Involvement Team and the Student Funding Board.

Section 2: What are the possible funding resources for an event?

SFB (Student Funding Board)

  • PRIOR to your event your RSO can apply for funds to pay for allowable expenses.

  • The RSO tier level determines how much funding your RSO can apply for per academic year.

  • SFB funding will be used through your on-campus Mason account.

  • Because SFB allocations are funded by the student activity fee, the money must be spent in adherence to Mason and SFB’s policies and procedures.

  • For information and instructions on how to apply for SFB, please visit (https://si.gmu.edu/sfb).

 

SGR (Self-generated revenue): Money raised through collection of dues, charging for events, donations, etc.

  • This money must be kept in an off-campus account that is managed by your RSO. To set up an off-campus bank account, your RSO will first need to apply for a Tax ID number (TIN) from the IRS.  Instructions on how to apply for a TIN can be found under the “Off-campus bank accounts” section on the RSO self-service center (https://si.gmu.edu/rso-self-service-center/).

  • When using SGR, your RSO will still need to abide by all of Mason’s non-fiscal policies and procedures.

Module 1 Quiz (Optional)

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