The Student Financial System
The Student Financial System consists of the Student Finance Committee (SFC) and the Office of the Student Treasurer (OST). The SFC and the OST work together to distribute and manage the Student Activity Fund (SAF) for over 200 student organizations. The SAF comes from a line item on each student term bill. The current fee is $420 per student, totaling approximately $1.3 million. The SAF serves to increase the quality of life of the campus community at Oberlin through support of student organizations, residence hall councils, and other campus projects.
The SFC is an organization of members appointed by Student Senate, and the Office of the Student Treasurer is managed by a paid student staff. The SFC allocates through three different processes: spring budgeting, appeals, and weekly ad hoc sessions.
Student Finance Committee
The Student Finance Committee is established by the Constitution of the Association of Students of Oberlin College and governed by the Student Financial Charter and the Committee Bylaws. The SFC consists of seven members: six members chosen by Student Senate and one senator. The senator serves as the Student Finance Chair of the Senate and as a co-chair of the SFC; the remaining six members of SFC are selected from the student body at large, with a minimum of one first-year student. Each Committee member serves a one-year term and may be reappointed at the end ofthe year. The SFC elects a non-senator Co-chair and officers at the beginning of each semester.
Office of the Student Treasurer
The Office of the Student Treasurer manages all paperwork required for the administration of the SAF to student organizations including approval of all expenditures, recording day-to-day transactions in the OST database, signing timecards for student organization employees, recording SFC allocation decisions, training organization treasurers, and serving as a resource for both the SFC and student organization treasurers. The OST consists of the Student Treasurer, the Assistant Student Treasurer, the Student Controller, up to two Assistant Student Controllers, the Committee Coordinator, and the Office Assistant.
The SFC is an organization of members appointed by Student Senate, and the Office of the Student Treasurer is managed by a paid student staff. The SFC allocates through three different processes: spring budgeting, appeals, and weekly ad hoc sessions.
Student Finance Committee
The Student Finance Committee is established by the Constitution of the Association of Students of Oberlin College and governed by the Student Financial Charter and the Committee Bylaws. The SFC consists of seven members: six members chosen by Student Senate and one senator. The senator serves as the Student Finance Chair of the Senate and as a co-chair of the SFC; the remaining six members of SFC are selected from the student body at large, with a minimum of one first-year student. Each Committee member serves a one-year term and may be reappointed at the end ofthe year. The SFC elects a non-senator Co-chair and officers at the beginning of each semester.
Office of the Student Treasurer
The Office of the Student Treasurer manages all paperwork required for the administration of the SAF to student organizations including approval of all expenditures, recording day-to-day transactions in the OST database, signing timecards for student organization employees, recording SFC allocation decisions, training organization treasurers, and serving as a resource for both the SFC and student organization treasurers. The OST consists of the Student Treasurer, the Assistant Student Treasurer, the Student Controller, up to two Assistant Student Controllers, the Committee Coordinator, and the Office Assistant.