Student Senate Financial Advisory Board

Student Senate Financial Advisory Board

The Illinois Wesleyan Student Senate administers and distributes the Student Activity Fee that is paid by every student who attends Illinois Wesleyan. Here you will find out exactly how your student group will be able to petition to receive some of that fund, as well as what other groups have received. 

Who we are! 

The Financial Advisory Board is chaired by the Student Senate Treasurer, Abraham Nevarez, who presides at meetings ensuring precedent is followed and votes only in the case of a tie. The board itself is comprised of 6 members who are elected by the voting body of the Student Senate. The board will meet at 9PM on Wednesdays for the Spring 2021 semester.

 

J.D Barrett ‘23 (Assistant Treasurer)

Anna McBride '24
Ryan Maloney '23 Lindsey Sapetti '24
Zach Burhans '24 Klaudia Wysznski '23

How to Request Funding from the Student Senate

    1. Attend the FAB Training session held annually. If unable to attend, email the Student Senate Treasurer (senate.treasurer@iwu.edu) and schedule an appointment to receive the necessary training.
    2. Review the most current Financial Precedent and ensure that the funding you seek falls within the categories of our precedent.
    3. If your requests fall within the bounds of the precedent please fill out this FAB Petition Form and await an email from the Treasurer with the time and date of your FAB hearing.
  • Two members of your organization must attend the FAB hearing or else no money will be allocated!

 

How to file for Receive Funding/Reimbursement

    1. Once funding has been approved, you are free to begin spending
      1. If your request is under $500 you may spend ASAP, however, if your request is above $500 or passed with reservations you must wait until there is approval by ⅔ of the Student Senate General Assembly.
    2. There are two ways to go about obtaining/using your allotted funds:
      1. First option: Schedule a meeting with or attend the Comptroller’s office hours (senate.comptroller@iwu.edu), and use the Student Senate credit card to purchase your necessary supplies/materials.
      2. Second option: If you use your personal funds to purchase items, please fill out the Student Senate Payment Request Form and email it to the Comptroller with supporting documentation: receipts (picture), W-9s, etc. 
  • You will not receive reimbursement without including the receipt and Reimbursement Form.

 

 

 

Student Senate Financial Contacts 

For all matters related to FAB hearings, FAB training or other matters related to RSO funding allocations, please direct all inquires to the Student Senate Treasurer Abraham Nevarez.

For all matters related to payment requests, Senate credit card usage or bill payments, please direct all inquires to the Student Senate Comptroller Brennan Barrett. 

 

RSO FAB Seminar

The following PowerPoint presentation was presented at the Fall 2020 FAB Seminar. It outlines the petition process, important new rules and various other points that should be reviewed prior to requesting a FAB hearing.

 FAB Training Seminar 

If you have any questions, please do not hesitate to contact the Student Senate Treasurer, Abraham Nevarez, at senate.treasurer@iwu.edu

 

Student Senate Funding Governing Documents

2020-2021 Precedent

Payment Request Form

Student Senate Liability Waiver 

Code of Finances, November 12, 2017

Fundraising Request Form

W9 Form

FAB Petition Form  

Student Senate Payment Request Petition