Tuesday, October 4, 2011

Find Funding for your Events

Leyla Korkut
Vice President of Finance
seevpfinance@umd.edu

If you’re part of a student group and you want to put on some great events, but don’t really have the funding to do it, here are some ways to beef up your budget. 

SEE Review Board Funding: If you already have one student group co-sponsoring your event, then you can apply for SEE Review Board (SRB) funding.  The SRB helps promote diverse programming and provides financial support to student groups that are interested in putting on events.  Student groups that are interested in getting funds from the SRB simply need to fill out a short application on the Co-Sponsorship page of the SEE website. Applying for SEE Review Board co-sponsorship is easy!  All you need to do is fill out various details about the event such as which venue you’ve reserved, what other groups are co-sponsoring and how much the event is expected to cost.  If you’re not sure how to plan an event, then you can stop by the SEE Office in 0221 Stamp Student Union, pick up an event-planning checklist and talk with one of the SRB representatives about your ideas.  Make sure that you plan in advance!  If you’re applying for SRB funding, you need to do so at least 45 days in advance of your event.

SEE Review Board Emergency Funding:  Suppose your student group was sponsoring an outdoor event and you paid for everything you needed and took care of all of the logistics.  Then suddenly, you find out the day before that it’s going to rain on the day of your event and now you have to move it to another venue. In order to change the venue, you have to pay an additional fee. The only problem is, your group has already exhausted all of its funding on the event and can’t afford the extra expense. What to do? Apply for SEE Review Board Emergency Funding, of course!  

SRB Emergency Funding is an option for student groups that have already received SRB funding and have run into unexpected costs and need financial assistance to keep their event going.  Your student group can apply for up to $1,000 in SRB Emergency Funding.  You must apply at least one week before the event to qualify for funding. The funding is meant to be used as a last resort and for emergencies only. The SRB will generally not cover costs that result from planning within the student group’s control, so make sure that you’re doing your best to plan your event in the most effective way possible. 


Student Groups: Many groups underestimate the power of co-sponsoring with other student groups. By simply joining forces with other groups you can cut down the costs for an event by dividing up responsibilities. For instance, one group can handle venue costs while another group handles talent fees. By sharing the expenses, the event becomes much more affordable.  

University Departments:  If your event may be relevant to a University department, then you should consider them as potential co-sponsors.  In the past, student groups have worked with University departments to put on educational events, lectures, seminars, and concerts.

There are also other funding options for students outside of SEE:


These are just a few ideas to help fund your way to a great event. Good luck and happy hunting!