Account Policies for Student Organizations

  1. A student organization that receives allocations of student activity monies shall deposit and expend all allocations and other income through an account within the university activity fund (3 ledger account).
  2. Student groups recognized as official organizations through a university‘s internal process shall deposit all funds in excess of $500.00 per year that are earned as a result of full or partial use of university facilities, equipment, material, and personnel in an agency account in the university activity fund.
  3. Student organizations that do not receive student activity allocations and earn less than $500.00 per year as a result of full or partial use of University facilities, equipment, material, and personnel may elect to establish an agency account at the University‘s discretion.
Note: While every effort is made to ensure accuracy, SMSU reserves the right to correct any clerical errors herein. Also, you can submit feedback.