Due to the Brower Student Center renovation and addition project, the Loop Bus pick-up location will be moved for the rest of the semester to Metzger Drive, across from the Paul Loser Hall entrance, on the Campus Town side. This will take place effective immediately.
The SFB is looking for your support on Wednesday, March 4th, as it holds a fundraiser day at Applebee's on Route 1 in Lawrenceville, NJ, outside the Quaker Bridge Mall. Please gather up a group of friends and head over to Applebees with our flyer (attached below) and proceeds from your order will be raised for SFB's end-of-year banquet!
The Student Finance Board Office is closed for Winter Break. It will reopen Monday, 1/26. Vouchers and email inquiries will not be processed during this time. In the event of an emergency please contact:
Director of Planning & Administration
The Student Finance Board has announced on Tuesday, 12/2/14, that it will no longer be requiring bank or credit card statements to process voucher reimbursements for student organizations, effective immediately. The Executive Board decided to removed this requirement in order to protect the privacy of students as well as to expedite and simplify the reimbursement process.
The manual change is as follows:
3.0 - SAF Vouchers - Item 4
If you have an original itemized receipt that you received in-store or a printed online payment confirmation that explicitly states payment has occurred and includes an itemized breakdown and paid total you should not need any other documentation for proof of payment regardless of payment type. The SFB Operations Director reserves the right to request additional documentation, including bank statements or other information, for any voucher and may not approve vouchers until additional documentation is provided.
3.1 - Documentation for Vouchers - Item B
A receipt or printed online payment confirmation may be used as proof of purchase for a good or a service. Unofficial paperwork (such as e-mails, letters on letterhead, etc.) is not acceptable documentation.
3.1 - Documentation for Vouchers - Item E
Pricing sheets, quotes, menus, invoices, online print-outs, etc. that do not indicate a zero balance or explicitly list the invoice as paid will only be accepted as proof of costs and not proof of payment. Therefore, this paperwork will not fulfill the documentation standard required for reimbursement voucher processing. Such documentation would only be valid for a Cash Advance (see Section 3.5).
A complete, updated version of the SFB manual can be located here.
On Tuesday, 10/7/14, the Executive Board of the SFB implemented a policy change in which SAF-funded student organizations can now request organizational membership dues in their base budget.
The new policy is as follows: The Student Finance Board will only fund membership dues that are for an entirety of an organization. The Board will not fund individual member dues, the aggregation of individual member dues, or dues determined or impacted by the number of members.
Student organizations that are interested in receiving funding for their membership dues for the current fiscal year, even if they have already been paid by a member of the organization, should contact their liaison to submit a base budget revision.
In the past the Student Finance Board has required that all SAF-funded groups must maintain their fundraising accounts with the SFB. On Tuesday the Executive Board of the SFB decided to remove this requirement entirely and no longer requires groups to hold their fundraising accounts with the Board.
The SFB's primary purpose is to make SAF funds available to as many different groups on campus in order to reach a wide array of students and the Executive Board views fundraising as a secondary service which is not essential to the goals of the organization. Please note that SFB services for fundraising accounts have not changed in any way, the SFB is just no longer requiring that fundraising money be held by the SFB.
Also note that if an organization misuses SAF funds the misused funds will be replaced by that group's SFB-held fundraising money and if no fundraising money is held with the SFB that group will have all SFB accounts frozen until the funds are repaid.
In the past the Student Finance Board has imposed a one-year waiting period before a group could apply to the SFB for funding after it has been recognized by SG. On Tuesday the Executive Board of the SFB decided to remove this wait period entirely and invites any SG-recognized organization to immediately apply for funding.
The SFB serves to make funds available to as many different groups on campus to reach a wide array of students on campus and the Executive Board did not feel that a waiting period was beneficial in that regard. It was initially implemented to leave a time period for new organizations to bolster club membership and organization before applying for funding but in past years we have found that it is ineffective and too hesitant of an approach to serve our needs and goals.
The Student Finance Board has announced that it has committed $13,194 for safety and maintenance repairs to the broken basketball backboards in TCNJ's Recreation Center. These funds are for total repairs and will provide a new winch for lowering and raising the backboards as well as be used to replace the safety straps. The Student Finance Board recognizes the interest for basketball on campus and is proud to partner with the Department of Student Affairs and the TCNJ Recreation Center to make this possible.
SFB distributes the Student Activity Fee, a fund that undergraduate students pay into as part of tuition. These funds are set aside specifically for the SFB to allocate towards events, concerts, recreation and more.