ASCC Loan Application/Agreement
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Requests that are posted before 11am on Thursdays will be placed on the next available ASCC General Board meeting. Please check website to find the next ASCC general board mtg. You will be contacted if your item made it on the next agenda. If it does, please make an effort to attend the meeting in person to talk about your item. Thank you.
Policy and procedure from the ASCC Consitution and Bylaws Section 6. Loans
(a)The loaning of ASCC funds shall be made available only to on-campus recognized student organizations.
(b)All on-campus recognized student organizations shall be limited to receiving one (1) loan per academic year.
(c)A Loan Application/Agreement must be completed in full and submitted to the treasurer no later than four (4) weeks prior to the anticipated need for the requested funds.
(d) Potential recipients for a loan shall submit a thoroughly itemized budget of anticipated expenditures to accompany the completed Loan Application/Agreement.
(e)All loans shall be limited to three hundred dollars (300.00) or less.
(f)All loans shall be repaid to ASCC in full by the borrower within one hundred eighty (180) days from the date of approval of the loan.
The treasurer shall review the Loan Application/Agreement and submit it along with a recommended course of action to the Student Senate no later than three (3) business days after receipt of the completed Loan Application/Agreement.
All loans shall be approved through a two-thirds (2/3) majority vote of the Student Senate.
Name of Club/Department/Program
What are you requesting a loan for and how soon do you need the money?
How do you plan on repaying the loan back?
Total Loan Request (Max $300)
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