Important Notice: The Board is no longer reviewing applications for the 2014-2015 academic year. We will resume operation during the Fall 2015 semester as soon as possible in August. Please check back to this website for any updates as more information becomes available. Director office hours will resume at the start of the Fall 2015 semester. As always, please email us with any questions or concerns you have and have a wonderful summer!
The IUSA Funding Board is a group of students that provides support to student organiztions at IU Bloomington by helping them obtain necessary funding in order to enhance their organizations. Although not all groups will qualify for funding, the Board provides guidance to improve applications for future submission. 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!
Meetings are held on Wednesday evenings, and applications must be turned in by 11:59 p.m. on the Sunday before each meeting.
Frequently Asked Questions
Who can apply for funding?
How do I apply?
- Complete the Funding Application.
- Submit the application and budget by 11:59pm the Sunday before you would like to present. Submission must be received at least three weeks prior to your event.
- Present your initiative (with event, cost, follow-up and other details) to the Funding Board and directors. The Board 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 of the decision by approximately one week after your presentation/application review.
- You are welcome to meet with the Funding Board directors to review the details of your grant and discuss any relevant follow-up procedures. Please see our current office hours or feel free to email us at any time!
How much funding can I apply for?
The maximum amount any organization can receive per semester is $10,000. Organizations with initiative requests under $1,000 will not present to the Board, but their application(s) will be reviewed on Wednesday evening.
Off-campus conference and other trip-related travel grants are determined on a case-by-case basis and are eligible for a maximum of $100 per IU student attendee.
When should I apply for funding?
The Board requires that groups submit an application for funding and budget at least three weeks prior to their initative/event date. 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 have applications reviewed?
You are permitted to present/have applications reviewed up to two times each semester. During any given Board meeting, an organization can apply for funding for multiple initiatives, but we will only hear or discuss your organization's proposal(s) twice per semester.
Who should present to the board on Wednesday?
Please ensure that members of the organization give the presentation—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. A maximum of 2-3 people may represent your organization during the presentation.
How do I make my event more attractive to the board?
While there are not simple criteria by which the board determines funding, the board is looking for organized, well-planned events. Presenters who have sought out other sources of funding, in addition the IUSA Funding Board, are typically viewed more favorably. The best argument you 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 need an SOA account to receive funding?
No. The board can write a check to your organization's bank account with the amount we fund if your organization does not have an SOA account. If you do have an SOA account, funding may only be deposited in that account and an outside check cannot be written. Checks may not be written to individuals and may only be written in the official name of the student organization.
If I am awarded funding, how long does it take to receive funds?
Typically, the money should be in your student organization account (SOA) seven to 10 business days after you submit your Group Responsibility Form (approximately 13–15 business days after you present).
Please note: Funding cannot be transfered to your student organization unless we have received an signed Group Responsibility Form (forms must have a scanned, physical signature, not a typed one). This form must be signed by an official representative of the student organization receiving funding, preferably an executive officer.