System Procedures
Chapter 2 - Students
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Procedure 2.8.1 Student Life
for Board Policy 2.8
Part 1. Definitions
Student organization: Those clubs and organizations
that have been formally recognized by the campus student association(s)
as described in Policy 2.1 Campus Student Associations.
Student life/activities: Student life/activities
are those activities included under Minnesota Statute Section
136F.01. Subd. 5.
Part 2. Management
of Student Life/Activity Fee Allocations
Subpart
A. Budget process. The campus
student association(s) and the institution president or designee
shall jointly determine a schedule to ensure that the budget
plan for student life/activity will be completed for action
in the spring. At the beginning of the budget preparation process
for the next academic year, the college or university administration
shall provide the student life/activity committee with a copy
of the previous year's student life/activity financial statement,
current year-to-date budget and financial statement, and pertinent
regulations and policies. Supplemental budget information, including
process notes and explanations, shall be provided at the request
of the student life/activity committee. The student life/activity
committee(s) shall present the student life/activity budget,
including the fee amount and allocation of revenues, to the
campus student association(s) for review. The association(s)
shall make recommendations to the college or university president
for approval. A campus student association shall review and
may recommend new funding requests or modifications during the
academic year and submit the revised funding recommendation
to the president for action.
Subpart B. Student organization accounts. Each
institution shall provide for the fiscal management of student
organization accounts. A student organization which receives
allocations of student activity monies shall deposit and expend
all allocations through an account within the institution activity
fund. Student organizations that receive funding from sources
other than the institution may establish an agency account for
such funds, at the institution’s discretion.
Subpart C. Annual report. Each institution
shall prepare a student life/activity fee annual financial report
including student life/activity fund reserves and accrued interest.
The report shall be available to interested parties and provided
to the student life/activity committee and the campus student
association(s). The campus student association(s) may request
that the institution provide a detailed accounting or audit
of the student life/activity fund which shall be made available
to interested parties. The cost of these audits shall be borne
by the institution's student life/activity fund.
Subpart D. Carry forward and reserves. Except
to the extent necessary to insure that expenditures recommended
by the campus student association and approved by the president
are funded, expenditures from carry forward, including reserves,
shall occur only after receipt of a recommendation from the
campus student association. The amount of these carry forward
funds shall be reported to the student life committee. Interest
earned from the student life/activity fund shall be credited
back to that fund. The committee may review and make recommendations
regarding the investment policy for student life/activities
reserves.
Subpart E. Use of Funds.
- The student life/activity fee shall fund only activities
included under Minnesota Statute Section 136F.01, Subd. 5,
consistent with appropriate use and commonly accepted business
practices.
- The institution president or designee and the campus student
associations(s) shall jointly establish guidelines on appropriate
business practices for expenditures from the student life/activity
fund.
- Student life/activity funds shall not be used to fund:
- Purchase of alcohol,
- Donations to college or university foundations or other
external charitable organizations or
- Scholarships or grants to individuals.
- All revenue collected through the student health services
fee, and maintained in an account of the activity fund, are
subject to the finance policies and procedures of the Minnesota
State Colleges and Universities.
- Student leader tuition waivers and/or stipends shall be
funded by the student life/activity fund upon recommendation
of the campus student association and approval by the president.
The institution shall determine whether to withhold taxes
from student leader funds granted.
- The student life committee may agree to provide funds for
its own support through the student life/activity budget process.
Effective date: August 2, 2004
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