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GPSA

MSC03 2210
1 University of New Mexico
Albuquerque, NM 87131

Physical Location:
Student Union Building
1021

Phone: (505) 277-3803

Annual Budget

Budgets are submitted early in the Spring Semester and reviewed by the Finance Committee during scheduled budget hearings. The Finance Committee will review all the requests and make revisions to the budget requests based on the merits of the request, the needs of the organization, and the funding available. After deliberations the Finance Committee forwards a balanced budget to the GPSA Council where the Council votes on the budget. Finally, the GPSA President must sign off on a balanced budget no later than early April. The budget allocations will be dispersed at the start of the fiscal year (July 1) and any allocated funding that is unused will revert to the GPSA General Fund at the end of the fiscal year and will be eventually be distributed again to student organizations.

Eligibility for the GPSA Annual Budget Process

  • Be a chartered Student Organization through the Student Activities Center
  • Have active graduate and/or professional student membership
  • And may NOT be an RDSA/RGSA that directly applies for and receives GPSA PB (Pro-rated Benefit) Funding

Spring 2017 Budget Timeline

Budget Workshops...........................................................................See schedule below

January 26 - 12:00 PM in the SUB, Acoma A/B
January 27 - 12:00 PM in the Domenici Center, West Wing, Room B-102 (lower level)
January 30 - 5:30PM in the SUB, Trail/Spirit

Application Deadline ………………………………...................….............February 17, at 5 PM

Hearing Schedule Announced ………………………….…………….........February 20

Deadline to Request Schedule Change ……………………….…….......February 22

Budget Hearings …………………………..…............................................February 27 & 28

Committee Recommendations Announced …………………….….…..March 7

Council consideration of FY 18 Budget ………………………….......…..March 25

Fiscal Year 2018 Begins.....................................................................July 1

Groups may wish to review the Budget Packet, which contains the timeline above, and information regarding the hearings and line items to be used in an application. Groups may not spend budgeted funds until they have attended a spending workshop from the Student Government Accounting Office. Such workshops typically begin in late July.

Use of GPSA Budget Funds

Annual budget funding is primarily intended for:

  • Operational expenses (advertising, copying, office supplies, recruitment materials and equipment, etc.)
  • Reoccurring costs

Budget funding is NOT intended for:

  • Travel
  • One-time events
  • Rainy day funds

Budget Application

In order to receive a budget application and packet, organizations need to attend a GPSA Budget Workshop. After attending a workshop, organizations will receive an application via email.

Applications are due by the date listed above, with no exceptions.

Further Questions?

For questions about chartering a student organization contact the Student Activities Center at 277-4706

For information about setting up and utilizing a university account for a student organization contact the Student Government Accounting Office at 277-7888 or sgao@unm.edu.

For information specifically about GPSA funding for a student organization contact the Finance Chair at gpsafin@unm.edu or contact the GPSA Office at 277-3803