Submitting a Budget
How to get a budget approved?
1. Use the budget template found in the Finance Board shared drive to make a copy and input your requests - if you do not have access to this, contact fbchair@iit.edu to be added to the google groups for student orgs and to gain access.
2. Submit a new budget request in the form below (form for Fall 2024 opens on August 1st)
3. Attach any supporting docs to your budget with evidence of the prices you are requesting for (e.g. screenshots, links to website)
A few reminders and tips to keep in mind:
Share the Google Sheet to allow anyone with the link to comment. This will ensure that the Advisors on Finance Board will be able to fully review your proposal.
Include screenshots of quotes and prices of items on websites that you would potentially would want to purchase from.
Be as detailed and as accurate as possible. We understand that you may not exactly everything planned out just yet, but do your best.
Include relation to your org's vision/mission. In 2-3 sentences explain why a specific purchase aligns with your org's purpose or event in the box provided.
Planning for contingency is acceptable. Requesting slightly more than you may expect (~5-10%) for contingency purposes is acceptable (i.e. planning in case of getting more attendees than expected, not knowing exactly how many decorations to get, etc.). Do not make this excessive.
As always, please feel free to contact myself (fbchair@iit.edu) if you have any questions or need additional clarification. We will do our best to respond as soon as possible within 1 to 2 business days.
Submit a New Budget
Finance Board Calculator