Word: financeseated
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It is each team’s finances, though, that pose a striking contrast.
As the tournament’s organizer, HDC collects about $35,000, Perkins said. This money finances about 60 percent of the team’s annual expenses, Perkins said.
“There’s a lot of sadness and frustration that [BIDMC’s] finances are so bad,” said second-year HMS student Suzie Miller. “Third- and fourth-year students are starting to rotate [into residency positions], but there?...
Currently, all student groups recognized by the College must submit an annual budget to Illingworth’s office. While Illingworth says his staff reviews these budgets, he acknowledges the College cannot scrutinize the finances as thoroughly as can RMAS.
Despite the history of a few high-profile scandals, Illingworth says the state of student group finances is strong overall.