What can we spend money on?

Societies and communities will accumulate funds in a variety of ways, including: membership fees, a stiped grants from the Union, and sponsorship from external companies. What you can spend money on may differ depending which type of funding you are using. 

Membership fees: money collected by societies through the Union's website when members join

This money can be spent on:

• Food and drink for meetings and/or events

• Publicity

• Equipment

• Training instructor

Stipend: a £50 stipend given to societies' between grant open dates

This money can be spent on:

• Food and drink for meetings and/or events

• Publicity

• Equipment

• Training instructor

Fundraised money: money raised by the committee and members through a project, e.g. a bake sale

This money can be spent on:

• Food and drink for meetings and/or events

• Publicity

• Equipment

• Training instructor

Grant from the Union: money given to a group via the Societies grants application for specific projects 

This money is granted for a very specific purpose, which must be costed when making a funding application to the Societies and Communities Fund. All groups must be able to show that the money has been spent on the specific cause as outlined in their application.