ASUCSB Financial Policies and Procedures
SECTION I: ORIGINS AND DISTRIBUTION OF ASSOCIATED STUDENTS FUNDS
Each quarter, every UCSB undergraduate pays a fee of $210.61 to Associated Students, hereinafter referred to as A.S. This fee supports a wide variety of operations of Associated Students that benefit the students of UCSB, the campus and the surrounding community.
CLAUSE 2. DISTRIBUTION
The Associated Students fee is distributed in the following forms:
A. LOCK-IN – A specific amount of money each student gives to a specific group or organization. There are two types in Associated Students:
1. Ballot Initiative: lock-ins voted in by the student body.
2. Internal/ By-Law: lock-ins voted in by A.S. Senate.
B. BUDGET PROCESS – Every year, A.S. Finance and Business Committee will conduct Budget Hearings and determine how the remaining Associated Students funds shall be distributed amongst various organizations, with the final authority on the budget being the President and Senate.