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To download a copy of the Funding Cycle Guidelines, click here
Associated Students of Monmouth College
Finance Committee
Funding Cycle Guidelines
To best provide for the most efficient and professional funding cycle, organizations seeking financial assistance are recommended to follow the below guidelines to the best of their ability.
- Organizations are encouraged to submit all documents to the Treasurer via both campus mail and e-mail by the deadline set by the Senate. Late applications will not be accepted, except in extenuating circumstances, which the Finance Committee shall determine on a discretionary basis.
- Any person may attend the hearing to speak on behalf of the organization’s application.
- Punctuality is strongly encouraged.
- The Treasurer shall forward to the organization’s president and treasurer a memorandum when the Senate approves funding stating the final amount allocated. Please provide notice to the Treasurer if the organization plans and/or decides to not use the money allocated to it within seventy-two hours to allow other organizations to make use of the funding.
- The funding recommendations made by the Finance Committee shall not be considered final. The Senate may amend any recommendations and has final approval on funding allocations.
- All hearings will be public to any member of the Senate that may wish to attend.
- Please be prepared to answer questions concerning your application, as the Finance Committee will be asking them to ascertain a better understanding of the need for funds.
- The Finance Committee shall have the power to remove the funding of an organization that fails to use the funds by one week past the expected date of the event. Such removal of funding shall immediately be reported to the next full body meeting of the Senate, in which a majority of vote will be necessary to veto the Finance Committee’s decision.