Article II. Funding and Allocation Guidelines

  1. Allocated Funds
    1. Allocated funds are funds received by an organization from the SJS from an approved allocation.
    2. All unused allocated funds will be reabsorbed prior to the beginning of the next academic year.
    3. All profits made from these funds become property of the SJS.
  2. Allocated funds not used for purpose of approved allocation will be subject to immediate reabsorption by the SJS.