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Funding Details

An individual or student group may submit a SIF application once per semester. Your application can be for one large project, or may be for several smaller projects happening throughout that semester.

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.

If your group is awarded the full $5,000 for new projects or $2,500 for established projects, you are eligible to submit a secondary application to be considered for up to $4,000 for new projects, and $2000 for established projects. For more information, please read about our secondary applications here.

You must use any SIF funding you receive within the SIF academic cycle you receive it. The SIF academic cycle is September 1st to August 31st.

Funds cannot be transferred from one year to subsequent years. All unused funds will be returned to SIF at the end of the SIF academic cycle (August 31st).

SIF decisions are final.  There are no appeals.

Eligibility

When applying for SIF funding, it is very important that you understand the policies that govern the Committee and its decisions. Please read and familiarize yourself with the SIF Policies found here. We know it’s a little wordy, however, understanding the policies can mean the difference between your application being a success or being shown the door.

 

The DOs

To be eligible for SIF funding your project must:

  • Fulfill the Scope of SIF:
  1. Enhance 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.
  • Have a Project Supervisor: Your project supervisor must be a full-time employee of Ryerson (faculty or staff), and be willing to have their name attached to your application. Make sure you let your supervisor know you’ve named them, as we will email them to confirm (before offering you a presentation slot).

    If your group is affiliated with the Ryerson Student Union (RSU), your staff supervisor will automatically be Leatrice O’Neill. Your supervisor can learn more about what it means to be a project supervisor here.
  • Search for Alternate Funding: You must look meaningfully for alternate sources of funding (sponsorship, departmental funding, bake sales, etc.) You don’t necessarily have to secure other sources of funding, but you need to demonstrate that you effectively looked. If none of your other sources offer you funding, be prepared to tell the committee why you think they made that choice.
  • Upload a Complete Budget: You must have a complete budget in the proper format (You can download the SIF Budget Template here, or during the application process).

 

The DON’Ts

Your project will not be considered for funding if:

  • Your student group has already submitted a SIF application this semester (even if it was for a different project). 
  • You will receive academic credit for this project. 
  • If your project has already completed before submitting an application. 
  • If your project is an engineering design/build competition: SIF Policies (Policy 4c.i) do not allow us to fund any Engineering Design/Build Competitions. Please speak to your program department about securing alternate funding for these projects.

    As well, SIF will not fund the following items:
    • Alcohol
    • Student group / project deficits from previous years
    • Prize money or gift cards
    • Charitable donations
    • Contingency funds or ancillary expenses
    • End-of-year graduation events
When to Apply

It’s always best to apply sooner, rather than later. Once your application is submitted, and we confirm it as complete, you will be offered a presentation slot on a first-come, first-serve basis. Presentation slots fill up quickly, and it is common to have 6-8 weeks between submitting your application and presenting to the committee.

You must submit your application before the date of your project’s completion (i.e. day of event). Your application will not be accepted if your project has already completed.

Don’t worry! If your event happens after you submit your application, but before you present to the committee, you are still eligible for funding.

The application system opens Tuesday, September 6, 2016 and will remain open until 11:59pm on Friday, March 3, 2017.  We will begin contacting groups to offer presentation slots in early September, and continue throughout the Fall/Winter semesters until our final meeting date in mid-April or funding runs out, whichever comes first.

 

How to Apply

Check out our helpful instructions on how to apply for SIF funding.

The Committee

The committee is made up of 2 representatives from each faculty (Arts, Science, etc.), graduate studies, and the Office of the Vice-Provost, Students; 1 representative from the RSU and CESAR; and three non-voting members: SIF Chair, Vice-Chair, and Admin Assistant.

Committee Meetings

The committee meets once every two weeks, starting in late-September. They will continue to meet throughout Fall & Winter until: April exams begin or SIF runs out of funding to offer.  The committee does not meet during the summer semester, however, you can apply and present in Fall/Winter for an event happening during the Summer.

Each meeting has 6 available presentation slots. Each presentation slot is 15 minutes long, and includes: 5 minutes to give your presentation and 10 minutes for the committee to ask follow-up questions.  Please arrive 15 minutes early to your assigned presentation time.

Worried about your presentation? Check out our helpful guide here.

After watching all the presentations, the committee will deliberate and make its decisions. All their decisions are final.

 

Apply Here

SIF Applications for 2016-2017 are open as of September 6, 2016 through to Friday, March 3, 2017.

Final Reports/Budgets

If awarded funding, you must submit a final report & budget 2 weeks after your project has completed. Find more information about writing and submitting your final report here.

 

Factors to Consider

When making a funding decision, the Committee will consider a lot of different factors. Before filling out your application, it is a good idea for you to consider some of these factors, and be prepared to speak to them in your application and presentation. Consider:

  • Does your proposal demonstrate how your project fulfills the Scope of SIF?
  • Does your proposal fit into one of the following four categories: cultural, academic, recreational, or leadership development?
  • How many students will be involved in your project?
  • Are they from different years, programs, or faculties?
  • How many Ryerson students will directly, and indirectly, benefit from your project?
  • What is the significance of the benefits students will receive?
  • Will the planning, development, and execution of the project take place primarily at Ryerson, by Ryerson students?
  • If your event reoccurs yearly, have you considered how it will become self-sustaining?
  • Have you sought out the best deals for purchases (equipment, hotels, food, etc.)?
  • Do you have a detailed, transparent budget?
  • How many other (non-SIF) sources of funding have you looked at? How many have you secured for your project? Do you plan to look for more (why or why not)?


You don’t need to answer all these questions in your application, and they may not all come up during your presentation, but they are very common and help guide the committee’s thoughts. Successful candidates in the past spoke to all of these factors (and more)!