Funding is no longer available for the remainder of the academic year. Thank you to everyone who applied and received funding!
Funding will resume September 2024.
How to Apply for Funding
1. Create a Budget
Clubs have the opportunity to request funding once a year OR once a semester. Use the Budget Template to create a budget for all the items you will need for your events and club activities. Some items commonly requested for funding are conference fees, event/meeting supplies, prizes for events, etc.
It is recommended that students plan all of their events before creating the budget to ensure all costs are calculate in advance.
2. Submit Club Funding Request Form
The Funding Request Form can be found in the forms section on the clubs portion of the BUSU website. In the form you will need to provide a Budget Template and a Presentation for the Clubs Policy Committee (CPC) to review. Both items are available in the Clubs Portal.
Upon submitting your request, the Clubs Coordinator will be in touch with details of when you can meet with CPC to present. Please note, CPC meets twice (2) a week and can take up to 2 requests per meeting. Be sure to submit your request for funding 10-21 days in advance.
Wait times to present are dependant on volume requests. We appreciate your patience.
3. Presentation – Clubs Policy Committee
At your scheduled CPC presentation, your club will have the opportunity to present your funding request. The more detail provided, the better!
Be sure to provide research into the purchases your club wants to make. Having 3 quotes for every item is recommended. E.g. If your club wants to host an event off-campus, please provide 3 different pricing options for that event venue.
4.Notification of Approval
After your presentation, the Clubs team will notify your club via email of their funding approval within 1-3 business days. Upon receiving your approval, your club may purchase the approved items using the club debit card.
Rules Surrounding Funding
All clubs must adhere to the funding rules listed in the Clubs 500 Policy.
Fundraising
Looking to generate funds for your club? Try fundraising, many clubs have great success with fundraising for their club or charity. Please be sure to connect with SERMA and the Clubs Manager for fundraising approvals or recommendations.
Scotiabank
Clubs are required to open up a Scotiabank account to house all of their club membership fees, revenue, club funding and donations. This includes basic banking and a chequing account.
- Creating a Club Scotiabank Account is easy! First, you will need to fill out the Scotiabank Form on the BUSU Website. To do this, you will need to know the two signing officers (President and Vice-President, President and Treasurer, or Vice-President and Treasurer), their brock emails, permanent mailing addresses, and phone numbers. You will also need to upload a picture of government ID for the two signing officers (these MUST be either Driver's License, or Passport).
- Once the form is completed, the Clubs Administrator will process your request, and send a letter to Scotiabank. Nothing you need to do on this step!
- Keep in mind which signing officer will hold onto the club's debit card. Only one of the two will sign for the debit card, so while both have access to the account, only one name will be associated with your debit card.
- Finally, the two signing officers will receive an email from Scotiabank asking them to sign, in person, at the Scotiabank Branch on campus (right beside the Club House!). You will receive access to the account, and the debit card upon signing.
- You will recieve your clubs direct deposit form, please forward that to the Clubs Administartor. Please note, CPC approved funding will be deposited into club Scotiabank accounts. Delay in providing the clubs direct deposit form will cause a delay in club funding being deposited into the club bank account.
- Both signing officers will be removed from the account on April 30th of that academic year.
Questions?