Student Space Fund: Difference between revisions

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|label5=Distribution|data5=Once/semester
|label5=Distribution|data5=Once/semester
|label6=Who can apply|data6=EUS [[Members]]
|label6=Who can apply|data6=EUS [[Members]]
|label7=Allocators|data7=Adhoc Committee including x4 [[Regular Members]], [[President]], [[VP Services]], [[Space Director]], [[DT Rep]], [[Clubs Rep]], and [[Funds Director]]
|label7=Allocators|data7=Adhoc Committee including x4 [[Regular Members]], [[President]], [[VP Student Life]], [[VP Finance]], [[Space Director]], [[Design Team Director]], [[Clubs Director]], and [[Funds Director]]
|header8=About: Long Term
|header8=About: Long Term
|label9=Amount|data9=~$36,000/semester
|label9=Amount|data9=~$36,000/semester
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===Long Term===
===Long Term===
The Long Term (capital) account is available at any point in the year. It is approved through any regular meeting of the [[Board of Governors]]. Applications for this fund are in the form of a motion that you must submit 5 days before a board meeting - for additional information on how to do this you can email the [mailto:board.chair@mcgilleus.ca board chair]. Similarly to the short term application, a capital request motion should contain descriptions/quotes/budgets for each item. For these larger requests it’s especially important for multiple quotes to be shown and the budget be thorough. Feel free to layout multiple budget options if there is leeway in the request.  
The Long Term (capital) account is available at any point in the year. It is approved through any regular meeting of the [[Board of Governors]]. Applications for this fund are in the form of a motion that you must submit 5 days before a board meeting - for additional information on how to do this you can email the [mailto:board.chair@mcgilleus.ca board chair]. Similarly to the short term application, a capital request motion should contain descriptions/quotes/budgets for each item. For these larger requests it’s especially important for multiple quotes to be shown and the budget be thorough. Feel free to layout multiple budget options if there is leeway in the request.  
====Application Example====
For an example application to SSF, a package can be found [https://drive.google.com/drive/folders/1ZQakgz_1g03IcSr03O7lULRCMABNk6oK?usp=share_link|here].


==Composition==
==Composition==
Each semester, students contribute $15.00 (full-time students, >9 credits) and $7.50 (part-time students, =< 9 credits) to the Student Space Fund. From the total contributions per semester,<br>
Each semester, students contribute $15.00 (full-time students, >9 credits) and $7.50 (part-time students, =< 9 credits) to the Student Space Fund. From the total contributions per semester,<br>
:'''''20% goes to the Short Term account'''''  
:'''''30% goes to the Short Term account'''''  
:'''''80% goes to the Long Term account'''''<br>
:'''''70% goes to the Long Term account'''''<br>
At the end of the Fall semester, if a surplus exists in the Short Term account, it is rolled over to the Winter’s Short Term account; if a surplus exists in the Winter, it is transferred to the Long Term account.
At the end of the Fall semester, if a surplus exists in the Short Term account, it is rolled over to the Winter’s Short Term account; if a surplus exists in the Winter, it is transferred to the Long Term account.
{{Fundsbox}}
{{Fundsbox}}