Group Funding


 

Group Funding

Monitor Your Money

Of course, it is imperative that your student group is kept financially sound. So, to manage monetary incomings and outgoings, make sure to use our handy Budget Template.

Remember that the Students' Union will cover some costs for you, otherwise it will be picked up by grants and self-funding. If you need further clarification, please contact your coordinator using one of the email addresses below:

 

Making Payments and Raising Purchase Orders

Should you wish to make any payments or raise a purchase order (PO) to buy goods from a company, please contact your relevant coordinator, who will progress this on your behalf. If the item is of small value (less than £50), you may instead choose to do a reimbursement.

 

Reimbursements

To get reimbursed for goods bought for your group, please complete the Student Group Reimbursement Form electronically. Once finished, print the form off and give it to the Sports/Societies Administrator to check and sign.

Reimbursements will be made via BACS (which could take up to 10 days to reach the recipient's bank account) or cheque.

For more details on the process, please read the Union's Student Group Reimbursement Policy.

 

Paying Money into your Account

All funds raised must go through your group's account. Under no circumstance can a student group set up an external bank account or use their own personal account to hold funds.

If you are holding an event/competition and require an invoice to be raised, please contact your relevant coordinator, who will be able to advise.

 

Grants

All Union-affiliated student Clubs or Societies are entitled to funding, but there are ways in which you can gain some extra cash for your group through grants. You should be able to find all the information below, but if in doubt, please get in touch with your coordinator.

 

Societies

Year Grants

Year Grant funding is available to cover the costs of your main Society activities, and acts as your core funding for the year. However, new Societies will not be eligible to receive this. Applications are done over the summer, with amounts given out termly. Any money that is not spent will be taken back.

For further information and to complete the application form, please click this link.

 

Top-Up Grants

Top-Up Grants are uncapped and available to all Societies (both new and old) that would like to run one-off events or activities. Any money that is not spent is taken back.

For further information and to complete the application form, please click this link.

 

New Society Grants

New Society Grants are uncapped and available to all new Societies, ratified in the current academic year, with amounts given out termly. Any money that is not spent is taken back.

For further information and to complete the application form, please click this link.

 

Sports Clubs

Sports Engagement Grants

The Sports Engagement Grant is available to both new and existing Clubs. This funding is for groups to put on new activities to encourage a wider demographic to participate in their sporting activity. Applications will be sent to the Allocations Committee, who allocate the funds and ensure the money is spent accordingly.

Please take a look at the application criteria, before completing the required form.

 

Volunteering Groups

Top-Up Grants

Top-Up Grants are uncapped and available to all Volunteering Groups (both new and old) that would like to run one-off events or activities. Any money that is not spent is taken back.

For further information and to complete the application form, please click this link.

 

Heritage Grants

As part of the restoration of the Engine Shed, the Heritage Lottery Fund is supporting the Students' Union with funding for projects, which allow both students and the local community to engage with the history of the building and the local heritage of Northampton. We have six grants of up to £300 to award to students, who wish to create and deliver such projects.

We are willing to support any project that focuses on the heritage theme, and produces a tangible outcome, which promotes engagement with the Engine Shed and/or local heritage. This could include:

  • An exhibition;
  • The creation of a publication;
  • Creative responses such as artwork/performances;
  • Research;
  • Events such as talks/lectures/seminars;
  • Educational resources.

Any registered University of Northampton student can apply. Please read in full the guidance document for detailed guidelines. Then, fill out the application form and return it to [email protected].