text only

USA Student Center   University of South Alabama    

University of South Alabama

Page Content   Main Links

Home   About Us   Student Organizations   Resources   Workshops   Advisors   Calendar/Events   Student Affairs Home

-

Resources
Student Organization Handbook
Model Constitution
The Lowdown Student Handbook
Flyer Posting Policy
Solicitation Policy
Event Catering
SGA Funding
Reserving a Student Center Meeting Space
Organization Account
Student Activities Home

Student Organization Accounts  

On-Campus
Every student organization may open an on-campus account for managing funds. Please contact the Office of Student Affairs for more information on opening an on-campus account.

Advantages to using an on-campus account include:           
• Support from university staff in regulating the use of funds
• Limiting the risk of misuse
• No annual fees or other materials costs
• Easy to maintain when organizational leadership changes
• Tax exempt status

Questions about an organization Jag number or Tax ID number? Contact the Business Office at (251) 460-7840

Off-Campus
In the event that a student organization decides to open an off- campus account, the following requirements apply:
• The account must have two signatories, one of which must be the organization advisor.
• The account name cannot include “USA” or “University of South Alabama.”
• Use of the University’s TAX ID number is prohibited to open an off campus account.
• Remove outgoing and add incoming signatories promptly.

Other tips for off campus accounts
• Use of an ATM or credit card is not recommended.
• Use a central mailing address such as a USA PO Box to receive bank statements and notifications.
• Allow all members of the student organization access to financial records.
• Designate a secondary individual who is separate from the organization purchaser to reconcile the bank statements

© 2013 University of South Alabama | Mobile, Alabama 36688-0002 / 1 (251) 460-7003
For questions or comments Contact Us
Date last changed: August 19, 2013 8:06 AM
http://www.southalabama.edu/studentactivities/orgaccounts.shtml
Text Only Options

Top of page


Text Only Options

Open the original version of this page.

Usablenet Assistive is a UsableNet product. Usablenet Assistive Main Page.