Additional Information About USG Funds
Bank Accounts
Under the rules of the State University Board of Trustees, no funded organization may use student funds to make a profit. Furthermore, no funded organization may invest in securities, or maintain a separate banking or checking account outside of the campus.
Inspection of Books and Inventories
The financial records of any organization shall be available for inspection by its members at the regular meetings of the organization. The funded organization’s records are subject to inspection and audit by the USG Treasurer, the Senate, the USG Business Manager and the Budget Committee. The Executive Board, the Budget Committee or the Business Office may inspect inventories of all USG organizations at any time.
Postage
Postage is available through the USG Administrative Assistant (Union 105E) and will be charged to the organization’s budget only if you have a postage line in your budget.
Prizes & Gifts
Only undergraduate, activity fee-paying students are eligible to receive any prizes or gifts purchased with USG funds. Also USG officers (executive branch, senators, and judicial council) and employees of USG are not eligible for prizes unless the prize is exclusive to the group.