IV.Q. BSC Emergency Grant Program: Difference between revisions

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==1. The Grant Fund==
===1. The Grant Fund===
:a. Emergency grants shall be funded through the Scholarship Fund. See §IV.P.1 of the Policy Directory.  
:a. Emergency grants shall be funded through the Scholarship Fund. See §IV.P.1 of the Policy Directory (BSC Scholarship Program).


:b. At the end of the fiscal year, any unused funds that had been allotted for grants shall be rolled into the Scholarship Fund.
:b. At the end of the fiscal year, any unused funds that had been allotted for grants shall be rolled into the Scholarship Fund.


==2. Grant Funding==
:c. The exact amount budgeted for emergency grants shall be decided by the Capital and Finance Committee.
:a. The emergency grant program shall be funded out of the annual distribution of funds from the scholarship program.


:b. The exact amount budgeted for emergency grants shall be decided by the Capital and Finance Committee.
===3. Grant Applications===
:a. Current members may apply for emergency grants at any time, unless they could reasonably apply for a traditional BSC Scholarship. Staff shall advertise the grant on the website and make a good-faith effort to inform all students with delinquent rent of the emergency grants and the application process.


==3. Grant Applications==
:b. Applications shall be made through the traditional administrative request process.
:a. Current members may apply for emergency grants at any time, unless they could reasonably apply for a traditional BSC Scholarship.


:b. Applications shall be made through the traditional Administrative Committee request process.
:c. The Administrative Committee may identify good candidates for emergency grants even if they have not specifically applied for a grant.


:c. The Administrative Committee Chair, Administrative Member Advisor, and Operations Manager may identify good candidates for emergency grants even if they have not specifically applied for a grant.
===4. Awarding Grants===
 
:a. BSC emergency grants may be granted by the Administrative Committee. The amount of each emergency grant is at the discretion of the committee, but should be consistent and fair.
==4. Awarding Grants==
:a. Grant applications shall be awarded  by consensus of the Administrative Committee Chair, the Operations Manager, and the Administrative Member Advisor.


:b. Grants shall only be awarded upon the determination of dire unexpected financial need such that, given cost of living expenses and without a grant, the applicant would be unable to remain a member of the BSC.
:b. Grants shall only be awarded upon the determination of dire unexpected financial need such that, given cost of living expenses and without a grant, the applicant would be unable to remain a member of the BSC.
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:c. Only in exceptional circumstances should grants be awarded to members not in good standing, e.g. members paying off excessive house bills, in danger of conduct/student status/workshift termination, etc.
:c. Only in exceptional circumstances should grants be awarded to members not in good standing, e.g. members paying off excessive house bills, in danger of conduct/student status/workshift termination, etc.


:d. There is no mandate to disburse the entirety of the grant fund each year.
:d. There is no mandate to disburse the entirety of the grant fund each year.  If the grant fund limit is reached, no additional grants will be awarded for the remainder of the fiscal year.


:e. No single grant may exceed $1,000.00, though the amount need not be limited to the charges currently on the applicant’s account.
:e. The amount need not be limited to the charges currently on the applicant’s account.  The maximum grant awarded may vary during each contract period depending on the size of the Emergency Grant Fund, as well as the portion of the fund remaining, at the discretion of the Administrative Committee.


:f. No member may receive a grant more than once per academic year.
:f. No member may receive a grant more than once per academic year.


==5. Grant Distribution==
 
''[‎Updated 4.d. & 4.e. and removed entire section of 4.g per Board #3 (11.21.2024)]''
 
===5. Grant Distribution===
:a. Emergency Grants shall be distributed only as rent credit to the applicant’s account and shall only offset rent, room, and/or board charges.
:a. Emergency Grants shall be distributed only as rent credit to the applicant’s account and shall only offset rent, room, and/or board charges.


:b. Emergency Grants shall not be distributed in any form other than credits to the member’s account.
:b. Emergency Grants shall not be distributed in any form other than credits to the member’s account.
''[Updated per SumCom #1 (06.18.2026)]''
[''Board approved 11/2016. Last updated 5/2020''. Last updated per IACom 03.20.2023]
[[Category:Section IV - Finances]] [[Category:Policy|Emergency Grant]]

Latest revision as of 14:01, 22 June 2026

1. The Grant Fund

a. Emergency grants shall be funded through the Scholarship Fund. See §IV.P.1 of the Policy Directory (BSC Scholarship Program).
b. At the end of the fiscal year, any unused funds that had been allotted for grants shall be rolled into the Scholarship Fund.
c. The exact amount budgeted for emergency grants shall be decided by the Capital and Finance Committee.

3. Grant Applications

a. Current members may apply for emergency grants at any time, unless they could reasonably apply for a traditional BSC Scholarship. Staff shall advertise the grant on the website and make a good-faith effort to inform all students with delinquent rent of the emergency grants and the application process.
b. Applications shall be made through the traditional administrative request process.
c. The Administrative Committee may identify good candidates for emergency grants even if they have not specifically applied for a grant.

4. Awarding Grants

a. BSC emergency grants may be granted by the Administrative Committee. The amount of each emergency grant is at the discretion of the committee, but should be consistent and fair.
b. Grants shall only be awarded upon the determination of dire unexpected financial need such that, given cost of living expenses and without a grant, the applicant would be unable to remain a member of the BSC.
c. Only in exceptional circumstances should grants be awarded to members not in good standing, e.g. members paying off excessive house bills, in danger of conduct/student status/workshift termination, etc.
d. There is no mandate to disburse the entirety of the grant fund each year. If the grant fund limit is reached, no additional grants will be awarded for the remainder of the fiscal year.
e. The amount need not be limited to the charges currently on the applicant’s account. The maximum grant awarded may vary during each contract period depending on the size of the Emergency Grant Fund, as well as the portion of the fund remaining, at the discretion of the Administrative Committee.
f. No member may receive a grant more than once per academic year.


[‎Updated 4.d. & 4.e. and removed entire section of 4.g per Board #3 (11.21.2024)]

5. Grant Distribution

a. Emergency Grants shall be distributed only as rent credit to the applicant’s account and shall only offset rent, room, and/or board charges.
b. Emergency Grants shall not be distributed in any form other than credits to the member’s account.


[Updated per SumCom #1 (06.18.2026)]

[Board approved 11/2016. Last updated 5/2020. Last updated per IACom 03.20.2023]