In an effort to fund some standard expenses at a reasonable rate and as a subsidizing funding source, the Student Activity Fee Allocation Committee (SAFAC) has developed the following set of funding guidelines.
All transactions related to SAFAC funding will occur through an organizationís 17-SAFAC Account. This is one of two accounts created for all student organizations. The account will consist of a six digit fund number and a four digit org number. Always leave blank the field for the account number represented by Acct.:
Fund Org Acct 170252 - 3554 - always leave blank
The following information under the SAFAC Funding section of this policies and procedures manual will apply only to an organization's 17-SAFAC account.
At the end of the fiscal year any unused money in an organization's 17-SAFAC account will roll back into SAFAC for redistribution.
Student organizations must be fully recognized in the fiscal year in which they wish to access their funds. Any organization not fully recognized will be unable to access their account until full recognition is complete.
Note: The SAFAC Advisor and Associate Dean for Campus Engagement reserves the right to deny any purchase request or reimbursement from this account which may violate SAFAC policies, Drexel Institutional policies, state and/or federal laws.