Student Body Vice President for Finance (SBVPF)
Welcome to the homepage of Carnegie Mellon's Student Body Vice President for Finance (SBVPF). The SBVPF is part of the Student Government Executive Branch and their primary role is to advocate and support student organizations. The SBVPF is responsible for facilitating the application process for student organizations seeking JFC budget subsidies for the upcoming fiscal year.
Joint Funding Committee
Each semester, Carnegie Mellon students pay the Student Activities Fee, which is currently set at $125/semester for undergraduate students and $103/semester for graduate students. Most of the revenue generated by this fee, or approximately $1.6 million, is given to the JFC - a committee composed only of students - to allocate to CMU student organizations.
Every organization that qualifies for a JFC subsidy is assigned a JFC representative, a person who will serve as the organization's voice throughout the entire JFC process. Your JFC rep is your liaison to the entire committee, so please make sure that you are in constant contact with him/her throughout the year; he/she will be your first point of contact if you have any questions related to the process. JFC reps are encouraged to truly get to know the organizations they represent and work with them as a financial advisor and resource.
One of the initiatives for the 2015-2016 academic year is to increase transparency of the entire JFC process. Current goals are to include organizations' input when determinging metrics, delineating how allocations are determined, and how fiscal close is handled. If you're curious, visit the new pages on the funding philosophy of the JFC, fiscal close, where your activities fee goes, and historical data. If you have any suggestions or comments, feel free to email the SBVPF at email@example.com!