Word: ficom
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...Finance Committee (FiCom) of the Undergraduate Council overhauled its method for distributing grants to student groups in a meeting last night, following through on a proposal introduced last week...
...vote of seven to three, FiCom endorsed a projects-based plan for allocating funds, proposed by committee Chair Joshua A. Barro ’05. Under the new system, student groups would fill out an application for each individual project that requires funding. The older system required a single application covering all projects and funding needs for the entire semester...
...proposal was first announced in an e-mail to student group leaders last Monday, but was retracted when members of FiCom complained that they hadn’t been consulted. Barro defended the plan last week and, with more success, last night...
...This is really a victory for FiCom and for student groups,” Jonathan D. Einkauf ’06, vice chair of FiCom, said last night...
...some FiCom members took issue with the plan...