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                                    STUDENT ORGANIZATION FINANCES (PROCEDURE)

     1.  Approved student organizations are encouraged to develop operations, plans, and budgets specifying the
         conduct of their internal affairs.  These plans should be explicit in terms of the approval of the
         expenditures of funds to Local Boards.

     2.  It is advisable that student organizations have faculty sponsorship, with an advisor that can assist in
         the development of operational plans.  This would permit the organization to seek assistance on
         organizational matters if and when required.

     3.  It is advisable that student operational plans be filed with the Assistant Vice President for Student
         Development.  This is not an attempt to police student activities but a means of ensuring the rights
         of students and compliance with federal regulations.