The allocation is typically posted to the organization’s FAC account in mySource, on the registered student organization’s Finance page, by 5 p.m. on the Friday following Senate approval.
The president or treasurer should review the allocation to check for any changes made by the FAC. They are also responsible for managing the FAC process from start to finish to ensure the funds are used.
Info30-Day Deadline to Use Funds
Allocated funds must be used within 30 days by either submitting a purchase request or requesting reimbursement. Any remaining funds after this deadline will be returned to the FAC budget for reallocation.
Ways to Access Allocated Funds
Once your funds have been requested, approved and allocated in mySource, you can access the funds in two ways: reimbursements or purchase requests. Below, select the process most appropriate for your allocated funds to learn more.
If you have already paid for items or services, follow the reimbursements process to be paid pack through FAC funds.
If you have not yet purchased the items, follow the purchase request process to utilize FAC funding.