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Student Handbook - Sweet Briar College

Student Handbook - Sweet Briar College

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5. SBO Accountsa. All monies distributed by SGA will be deposited in a <strong>Student</strong>Business Office account in the name of the appropriate CO.b. If a club is inactive for one academic year (two semesters), and failsto register as an active CO the following semester, existence of theCO will no longer be recognized by ICC or SGA. The CO’s accountwill then be closed, and the balance will be redistributed by SGA inthe next budget allocation.”c. In the spring of a class’s senior year, the treasurer should leaveinstructions with the SBO Accountant for the use of the class’sremaining balance.d. Any CO requesting dissolution will have its SBO account closed. Inthis situation, the CO may request the remaining balance at time ofdissolution be donated to a campus related cause.e. The account of any involuntarily dissolved club will be closed. Thebalance will be redistributed by SGA in the next budget allocation.f. The following honor societies should register with ICC and maykeep an SBO account, but no funds will be provided from the SGAbudget: Alpha Lambda Delta, Alpha Psi Omega, Delta Phi Alpha,Phi Beta Kappa, Eta Sigma Phi, Iota Sigma Pi, Psi Chi, OmicronDelta Epsilon, Sigma Delta Pi, Phi Alpha Delta, Pi Delta Phi, andOmicron Delta Kappa.C. Funding for CO’s1. Off-Campus Policiesa. No money will be allotted for travel expenses that may include, butare not limited to: gas, mileage, toll, hotel, and vehicle rentalexpenses.i. Given the nature of their organizations, CEO and SWEBOP areexempt from this rule.b. No money will be allotted for conferences due to the fact thatstudents and organizations may apply for the Leadership Fund tocover these expenses.2. Direct Funding/Contributionsa. No funds will be allotted for stipends, which are fixed and regularpayments such as salary or allowance with the exception ofinstructional purposes.b. No funds will be allotted as direct contributions, which are charitablegifts to nonprofit organizations. Direct contributions will beconsidered on an individual basis by the SGA board provided thatthe requesting CO presents a detailed description of the event andwhere the funds will be going.________________________________________________________________17

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