
The Student Activities Finance Committee (SAFC) is a standing committee of the Associated Student Government and serves as the primary body in financial matters. The 12-member committee is composed of six past or present Senators and six non-Senators and chaired by the ASG Financial Vice President. The General Manager of Business Operations of Norris serves as the group adviser.
The SAFC serves two major purposes:
Firstly, members of the Board, known as Account Executives, serve as financial advisors for the University's 39 A-Status Student Groups. That includes monthly audits of each group, attendance at funded events, and event evaluations. In a less formal capacity, Account Executives, often having previous experience working with student groups, can offer valuable advice as it relates to event planning, fundraising and other aspects of group management.
Additionally, the SAFC is responsible for allocating the Student Activities Fee (SAF), which yearly is more than $1 Million. In Spring Funding, an 80-hour process, the SAFC makes recommendations to the Associated Student Government as to how the SAF should be distributed to groups. It is then the responsibility of Senate to approve or alter these recommendations. Each Fall, a similar process known as Supplemental Funding, allots remaining money from the Student Activities Fee to groups, per request.