Loyola University Chicago

Student Government of Loyola Chicago

Budget

The budget includes the five following funds:

The General Fund:

The allocated money for the general fund is divided into each branch of the organization. Each committee is designated funds for events and other actions. The Judicial branch is also given a budget to use at its discretion. The Executive Branch uses the fund for various development tasks, such as marketing and the Campus Activities Network (CAN).

Scholarship Fund:

Many positions within SGLC receive a scholarship based on their time and commitment to serving the student body.

The Student Activity Fund: 

This budget is allocated to Registered Student Organizations (RSOs) to assist with events and projects. 

The Green Initiative Fund: 

A fund that allocates resources to RSOs promoting events and initiatives that expand environmental consciousness and impact sustainability on Loyola's campus. 

The Diversity, Equity, and Inclusion Fund

A fund that allocates resources to RSOs pursuing projects that promote a sense of belonging and cultural awareness for Loyola's community. 

Fiscal Years 2020-2025

Budget Item FY 21 FY 22 FY 23 FY 24 FY 25
General Fund $23,555 $23,555 $23,555 $23,555 $23,555
The Scholarship Fund $27,264 $130,016 $130,592 $130,592 $130, 592
Student Activity Fund $490,000 $590,000 $560,950 $611,480 $633,450
The Green Initiative Fund* $15,000 $15,000 $15,000 N/A N/A
The Diversity, Equity, and Inclusion Fund* N/A N/A $15,000 N/A N/A
Total Operating Budget $555,819 $758,571 $745,097 $765,627 $787,597

*Starting FY24, The Green Initiative Fund and DEI Fund were included in the Student Activity Fund.