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Who/what is the Student Initiatives Fund (SIF)?

This is a program under Ryerson Student Life which is committed to supporting and enriching student experiences here at Ryerson. SIF provides funding for student-led non-profit projects or initiatives. Decisions related to allocating funding are made by the SIF Committee, which is made up of other Ryerson students who are representatives from each of the 6 faculties at Ryerson, RSU, CESAR, Graduate Students and the Office of the Vice Provost of Students.

How is funding dispersed?

Funding is dispersed according to a rubric that the SIF Committee uses when your group presents your initiative to SIF. You may apply to SIF for funding once per semester and it can be for one large project or an amount that will cover multiple smaller events in a semester. Funding for student initiatives will be limited to a maximum of $5,000 for new projects (in place for 3 years or less), and $2500 for established projects (in place for 4 years or more) depending on the merit of the proposal and its benefit to the Ryerson community.

Requests for additional funding (up to $4,000 for new projects, and $2000 for established projects) are granted however, initiatives must satisfy a secondary application process.

 

Who is eligible to apply?

You are eligible to apply to SIF for funding if your project or initiative: (1) enhances student life beyond academic requirements (2) support/promote the image of your student group as well as Ryerson University (3) assist in developing a sense of community at Ryerson University. Your project or initiative must be student-led and not for profit. Your group must have a Project Supervisor, a full-time Ryerson Employee to help oversee your group and the work you are doing. Apart from SIF, your group must also seek out alternate means of funding, to demonstrate that you have effectively done research, even if you are unable to secure these other sources of funding. Your group must also complete a budget in the proper format (you can download the SIF Budget Template on the SIF website).

 

How do you submit an application?

Your group can submit an application for funding to SIF by going to the SIF website (http://www.ryerson.ca/sif) and clicking ‘Apply Here.’ You must use your Ryerson student login information to log in to the Applicant Lobby. From there, you are able to choose between two applications (depending on what you are applying for):

(1) Student Initiatives Fund Application and/

(2) Lounge Application

 

When can you submit an application?

We will be accepting new applications for the Fall semester during the time period of the end of August – first week of September and applications will be open until early March. Please check the SIF website, main page for exact dates.

Furthermore, you can contact us at sif@ryerson.ca to book an appointment with our Promotions and Outreach Assistant and work with them one-on-one to learn more about submitting your application.

 

Who is the Project Supervisor?

Your Project Supervisor is a full-time Ryerson employee (either faculty or staff). They must be willing to have their name attached to your application as SIF will be emailing them to confirm their involvement with your project/initiative before offering you a presentation slot to present.

 

How can you access your funds that have been granted to you?

Please see here on how to access your funds and make purchases/receive reimbursements: SIF Funding

Please be advised that Ryerson students are unable to process any financial processes and your group’s Project Supervisor is the only one who is able to process any financial processes.

 

What is a final report and budget?

When applying for funding, SIF asks that you complete an initial budget file prior to your project/initiative. This initial budget file will contain the projected costs of your project/initiative. A final report and final budget is completed and submitted to SIF upon the completion of your project/initiative. The final report will outline details of the outcome of your project/initiative, and the final budget will contain any actual costs.

 

How do you create and upload a budget file?

When submitting a budget to SIF, we ask that you use the SIF approved budget file format for both the initial budget file and the final budget file. The budget template can be found here under ‘Eligibility’:

Furthermore, you can contact us at sif@ryerson.ca to book an appointment with our Promotions and Outreach staff and work with them one-on-one to learn more about how to effectively prepare your budget.

 

How do you present your project/initiative to SIF?

You can refer to this link on how to prepare for your presentation to ensure your groups presents your project/initiative effectively: Presentations

Furthermore, you can contact us at sif@ryerson.ca to book an appointment with our Promotions and Outreach staff and work with them one-on-one to learn more about how to effectively prepare for your presentation.

 

What is a Secondary Application?

The SIF Secondary Application is available for applicants to apply for additional funding beyond the initial funding amount they were granted. In order to be eligible for secondary funding, you must state this interest in the beginning of your application process for the initial funding by emailing sif@ryerson.ca as well, apply for and be granted the full initial amount that your group is eligible for (new groups- $5000 and established groups- $2500).  

For new groups, the secondary application can allot up to an additional $4000 on top of the initial amount they were granted. For established groups, the secondary application can allot up to an additional $2500 on top of the initial amount they were granted. For further information on eligibility for Secondary Applications, what to include in this application, how to submit, etc., please refer to Secondary applications

 

We are a new group. How much funding are we eligible for?

If you are applying as a new group - a group that has been established for 3 years or less - you are eligible for up to $5000 in your primary application for funding. If you indicate that you are interested in a secondary application, and receive the full amount of $5000 in your initial application,  you are eligible for up to $4000, in addition to the amount you were primarily granted.

The exact amount you are granted will depend on a rubric that the committee will choose to assess your project/initiative, and will be based on a score your group will receive upon assessment.

 

We are an established group. How much funding are we eligible for?

If you are applying as an established group - a group that has been established on campus for 4 years or more - you are eligible for up to $2500 in your primary application for funding. If you indicate that you are interested in a secondary application, and receive the full amount of $2500 in your initial application, you are eligible for up to $2000, in addition to the amount you were primarily granted.

The exact amount you are granted will depend on a rubric that the committee will choose to assess your project/initiative, and will be based on a score your group will receive upon assessment.

 

Who can I contact from SIF for general inquiries?

For general SIF inquiries, you can contact SIF’s Administrative Assistant at sif@ryerson.ca

 

What is my Cost Centre?

Your Cost Centre is an 8 digit numerical code that is essential your group’s account number with SIF, e.g. 1-34-00000. The first 3 digits will always be 1-34. This will be assigned to you by SIF as a new applicant when you apply for funding to SIF for the first time. If you are a returning applicant with SIF, you should already have a SIF Cost Centre number assigned to your group. It is used to access funding/reimbursements  from Ryerson Financial Services.

 

How/where can I access my account with SIF?

The applicant lobby for SIF can be accessible through the SIF website: http://www.ryerson.ca/studentlife/programs/student-initiativefund.html

You can also click ‘Apply/Login Here’ on our website you should be redirected to a page that asks for your Ryerson student login information. Once completed,  click the link labelled ‘Applicant Lobby’ where you can review current applications and make changes or submit documents as needed.

 

Who can I speak to at SIF to help my group prepare for our presentation to the committee?

SIF’s Promotions and Outreach Assistant is able to meet with students and groups prior to their presentation date to help plan for the presentation. Please contact them at sif@ryerson.ca.

 

What are some of the deadlines to keep in mind once I’ve submitted an application to SIF?

Presentation date: All groups prepare all necessary documents and presentation materials for the day of the presentation once the presentation date is sent to you.

Completion date of your project/initiative on your application: The final report and final budget is due 2 weeks after the documented completion date. More information on submitting a final report and final budget can be found under the applicant information tab on the Ryerson SIF website.