Word: steffens
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...When we allocate money, we don't hold them to spending the money on what they put on their budgets," he says. According to Steffen, a group last year spent $500 on kegs and "personal items" including a $130 planner...
...Washington University, "there's always a potential for abuse," Steffen says, "but when good people are in office the system works well." STUDENT GROUP FUNDING...
...problem that is omnipresent for budgets of all sizes is that the demand for funds always outnumbers funds available. The Student Union of Washington University in St. Louis has a huge budget of $740,000 for student groups, yet student body president Peter B. Steffen says annually initial group requests total eight times the available funds...
...please everybody--that's the lesson of any budgetary process," Steffen said. "It's all about competing interests...
...Between semesters, plans change and leadershipchanges for individual groups," Steffen says."It's hard to know what's going to happen a yearafter they receive funding so we had some groupsthat spent all their money early in the year...