Organizational Debt
SGA forbids student organizations from over-spending on their organization’s account. If your organization does happen to overspend and is in debt, the following may occur:
- Debt balances of $50 or less may be forgiven by SGA. This amount will be absorbed by the SGA during the Rollback process. Recurrent overspending and debt will not be tolerated and may affect the status of your organization.
- Debt exceeding $50 and deemed substantial by the Financial Vice President is subject to review by the Executive Board during the upcoming semester. The consequences of the excessive debt will be determined on an individual basis. The organization’s reputation, financial integrity, and other factors will affect the Senate’s decision on consequential action. One of the consequences of excessive organizational debt is Organizational Probation.
Organizational Probation
Reasons for clubs to be placed on organizational probation:
- A debt exceeding $50 and deemed substantial by the Financial Vice President.The misuse of funds based on the Executive Board’s guidelines or recommendation.
- The misuse of funds based on the Executive Board’s guidelines or recommendation.
- Failure of an organization to have a faculty, administrative, or staff member as an advisor by October 1st of the school year or five weeks after a club is deemed "official" by the SGA.
- Any violation of college policies as stated in the Student Handbook.