Unspent Funds

The SBA reserves the right to reallocate any allocated money unspent by the student organization. The SBA further reserves the right to review and reallocate any and all funds that were previously allocated to a student group if the SBA determines that the event for which the funds were requested is no longer possible, or if the SBA determines that the group no longer needs the funds. In any event, at the end of the fall semester, any unspent allocated funds will revert to the SBA. At the end of the spring semester, any unspent allocated funds, including full-year allocations, will revert to the SBA. If these funds have been transferred to another account, they must be promptly returned to the SBA account.