The purpose of this fund is to assist student organizations with competitive event costs that arise during the fiscal year that were not previously funded during the general budget cycle. These are events that an organization was unable to consider during the general budget request because they did not qualify for the opportunity at that time. Example: (newly formed competitions, advancement to national level)
Funding for established competitions is not intended for use from this fund. This fund is for competitive events arising during the year that provide a financial hardship for that organization.
The maximum amount granted to any organization will be $1,500 for an event.
An organization will only be granted one request per fiscal year from Competition Funding.
An organization will not be able to access money from this fund for more than two consecutive years. If an organization desires additional funding after that period, the organization should make a request for such funding in its annual budget.