The Cavalier Daily
Serving the University Community Since 1890

StudCo program aims to help CIOs with finances

CIO consultants help new student organization leaders balance budgets, fundraise

Student Council presented an executive report last night outlining its recently launched Contracted Independent Organization consultant program.

Sponsored by Vice President of Organizations Colin Hood, the program aims to help new student leaders learn to fundraise, balance a budget and navigate the often confusing appropriations process. In the past, some organizations requested more appropriations than actually needed to counteract funding cuts, resulting in across-the-board budgetary problems. The consultant program, therefore, serves as one of Council's first steps aimed at rectifying its maligned financial structure and process.

"Our plan is to ... make sure each CIO has all the resources," Vice President of Administration Nikhil Panda said. "They need as a student organization to [execute] any initiative they want to complete during the term."

Hood said Council will work with 23 consultants, who will each mange 30 to 40 CIOs. Council representatives will assist CIO consultants reach out to student organizations on Grounds, Executive Vice President Steven Reilly said.

Hood emphasized the importance of communication between CIO consultants and Council representatives, as well as between the consultants and the CIOs.

Although the program is still in its early stages, Council members already have seen early signs of its success.

"Groups are reporting revenue now," Hood said. "And a lot of groups have found really good alternative funding options."

For student groups interested in participating in the new program, CIO consultants hold office hours on weekdays from 11 a.m. to 3 p.m. at the Student Activities Center on the first floor of Newcomb Hall.

Local Savings

Comments

Puzzles
Hoos Spelling
Latest Video

Latest Podcast