SCORP Finance
SCORP Finance is responsible for all financial aspects of SCORP and student groups. The Vice President of Finance is responsible for overseeing the audit of the financial books of the preceding years and for the requisition of funds from the Dean's office and the NYU Office of Student Activities. He/she will provide the Board with semi-annual and annual financial reports. The VP of Finance and the entire elected SCorp Finance team will work together to run the academic competitions funding process and student reimbursement process.
 
Competition Funding Process (New for 2011-2012 Academic Year!)

The funds are to help students/clubs represent Stern at competitions, conferences and sporting events outside the Stern campus. While there is no cap on the amount of subsidy funds a club may request from SCORP, clubs are expected to support a substantial portion of the total amount for the event. A 3-way split among the club, SCORP and the participating students should be considered when applying (e.g. 40/20/30, 60/30/10, 70/15/15, etc.). Note: You must apply for funding BEFORE the actual event so please plan ahead. See Guidelines Below.

September 30, 2011, December 2, 2011, Feburary 24, 2012 and April 6, 2012 are the four funding deadlines. Upcoming competitions that your club could consider participating in are listed here: Stern Calendar | Carlson Calendar | Foster Calendar | UNC Calendar | Duke Calendar | Yale Calendar | Haas Calendar |  Venture Circuit

Please contact Rahul Sood (Full-Time), Andreea Odangiu (Full-Time) or Mark Abrams (Part-Time) with specific questions.

 
Step I Step IV
Plan for a future academic compeition, conference or sporting event that you would like your club members to attend. Market the event to your club members to solicit RSVPs or form teams. Work with your Club President and VP Finance officer to apply for SCORP Finance funding per the steps below.
 After the event, the club President and the event participants must complete the feedback form at http://w4.stern.nyu.edu/studentactivities/forms/bpc/. Money will not be reimbursed until this is completed. Please print a copy of the completed feedback form and submit to the club President/VP Finance officer for further processing.
 

Step II

Step V

Submit the reimbursement form either to scorp.finance@stern.nyu.edu with subject: "[Club name] - [Deadline] - Funding Request" or drop it in SCorp's mailbox in student activities on 6th floor. Supporting marketing documentation must be included. (ie - the event must be marketed to all club members via email/poster/etc). Please attach all expense approximations (For ex. use expedia or Kayak printouts to support your travel costs etc.). Please fill out the form in its entirety - incmplete submissions will be disregarded.

 The club President/VP Finance officer will consolidate all the check requests from participants. A printed copy of the completed feedback form must be attached to this consolidated check request packet. The complete packet must then be submitted to the SCORP mailbox (not Student Activities) on the 6th floor. Email scorp.finance@stern.nyu.edu to notify SCORP Finance of the submission of hard copies.
 
Step III Step VI
All applications will be reviewed after the deadline and decisions will be made for each request. Each club will be notified about the decision within two weeks after the deadline. This approval is only preliminary and pending completion of the steps below.  After the completed application is reviewed, SCORP Finance will then submit the check requests to Student Activities (SA) for processing. Queries will be addressed to the club President/VP Finance officer. SCORP Finance will notify the club President/VP Finance officer once the approval process is complete. SCORP Finance will also submit a request for the approved funds to be transferred from SCORP competitions fund to the respective club accounts. The SA office will then process the individual requests and disburse checks.
 
Check requests, Reimbursements and Deposits
The check requests, reimbursement requests and deposits for events are handled by the Student Activities office. Forms are available in the Leadership Suite 6-130 (always use those sheets as they are the most up-to-date). The forms are to your left as soon as you enter. Pls drop off completed forms and pick up signed checks from the same location.
 

 








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