Depositing Your Funds

Funds collected on behalf of your RSO/GSO should be deposited into you revenue fund. A deposit slip must be prepared in the Business Center, located in room 430 in the Student Union, before bringing it to the campus cashier window.

Click here to learn the cash handling and deposit process!

Example:

  • Your RSO/GSO collects cash and checks as payment of dues from group members. These funds must be deposited into you group's revenue fund.

Cash Handling and Deposit Info:

  • Cash and checks need to be deposited as quickly as possible. 
  • Deposits are done by completing a deposit slip at the Business Center, in room 430 of the Student Union.
  • When taking a check, make sure it is filled out correctly and deposited in a timely manner. If is not, it will be denied at the bank and result in your group not getting the revenue it was expecting. 
  • A dorm room or a backpack is NOT the place to store cash or checks. If for any reason you are unable to deposit your funds in a timely manner, a group member can leave a sealed envelope in the safe at the Business Center.
  • If you ever plan to collect a large amount of cash, you can arrange for police escort to bring the funds to a safe at a Bursar’s Office location, even during night hours. Ask your advisor or Account Specialist how to do this if you are going to have a need. 
  • When receiving cash or checks, it is policy to give a receipt to the person that paid you. Receipt books are available at the Business Center; pick up one before collecting funds.
  • We are unable to process credit cards for deposits in the Business Center.