The budget includes the five following funds:
The General Fund:
The allocated money for the general fund is divided into each branch of the organization. Each committee is designated funds for events and other actions. The Judicial branch is also given a budget to use at its discretion. The Executive Branch uses the fund for various development tasks, such as marketing and the Campus Activities Network (CAN).
Many positions within SGLC receive a scholarship based on their time and commitment to serving the student body.
The Student Activity Fund:
This budget is allocated to Registered Student Organizations (RSOs) to assist with events and projects.
The Green Initiative Fund:
A fund that allocates resources to RSOs promoting events and initiatives that expand environmental consciousness and impact sustainability on Loyola's campus.
The Diversity, Equity, and Inclusion Fund
A fund that allocates resources to RSOs pursuing projects that promote a sense of belonging and cultural awareness for Loyola's community.
Fiscal Years 2020-2023
|Budget Item||FY 20||FY 21||FY 22||FY 23|
|The Scholarship Fund||$25,376||$27,264||$130,016||$130,592|
|Student Activity Fund||$490,000||$490,000||$590,000||$560,950|
|The Green Initiative Fund||$15,000||$15,000||$15,000||$15,000|
|The Diversity, Equity, and Inclusion Fund||N/A||N/A||N/A||$15,000|
|Total Operating Budget||$555,151||$555,819||$758,571||$745,097|
By clicking here, you will find the Live Document of the 2022-2023 Budget, where you can see any incurred expenses for each allocated fund of the organization.