The information here explains the application process for obtaining funds. Take notice of details mentioned here in order to correctly apply for funding. Please note: Not all student groups will qualify for funding or 100% of their requested amounts. Any questions, please contact the Directors of Funding, Hannah Bates and Zack Pardieck, at firstname.lastname@example.orgThe IUSA Funding Board is a group of students that provides support to student groups at Indiana University - Bloomington by helping them obtain necessary funding in order to enhance their organization. Although not all groups will qualify for funding, the funding board provides guidance to pursue other avenues. Meetings are held on Wednesday evenings, and applications must be turned in by 11:59 p.m. on the Sunday before each meeting.
Important: Please submit all application materials at least three weeks prior to your event in order to be considered for funding!
Frequently Asked Questions
Who Can Apply?
A student organization must be listed with the Student Life and Learning Office (IMU #371) and must have sent two representatives to the Student Organization Orientation. For more information on that orientation, please see the Student Life and Learning website.
How Can I Apply?
• Download an application and budget from this website.
• Submit the application and budget by 11:59pm the Sunday before you would like to present. Submission must be three weeks prior to event.
• Present your initiative, with event, cost, follow-up and other details, to the Funding Board and directors. The department will schedule your organization for a brief five minute presentation discussing your initiative on Wednesday nights 7-9pm. Following, the Funding Board will have a chance to ask questions about your initiative for five minutes.
• Your organization will be notified with the decision within one week of your presentation.
• Meet with the Funding Board to review specifics of your grant and set follow-up procedures.
How Much Can I Apply For?
The maximum amount a group can apply for per semester is $10,000. Groups with initiative requests under $1000 will not present to the Board, but their application will be reviewed on Wednesday evening.
When Should I Apply for Funding?
The Board requires that groups that apply for funding one week prior to their event. However, please do not come so far in advance that you are unable to provide clear details about your event.
How Many Times Can I Present Each Year?
You are permitted to present two times each semester. During these presentations, a group can apply for funding for multiple initiatives, but we will only hear or discuss your proposal(s) twice each semester.
Who Should Come Present to the Board on Wednesday?
Please ensure that members of the organization are the individuals actually giving the presentation, and not an advisor of the organization. Please send the individual most familiar with the budget and application, who can speak with knowledge about the proposal.
What Should I Do To Make My Event More Attractive to the Board?
While there is not a simple criteria for which the Board determines funding, the Board is looking for a well organized, planned out event. Events that have sought out other sources of funding in addition to the board typically are viewed favorably by the Board. The best argument an organization can give the Board is to prove that your event or initiative will benefit students within the organization, students who attend the initiative, and Indiana University as a whole.
Do I Have to Have an SOA Account to Apply for Funding?
No. The Board can write a check to your bank account with the amount we fund you for.
If I Am Awarded Funding, How Long Does It Take to Receive Funds?
Typically, the money should be in your SOA account 7 to 10 business days after you are turn in your group responsibility form (approximately 13-15 business days after you present).