Thirty-eight new student organizations applied and nine lost funding in this year's Activity Fee Allocations, according to data released by the Student Finance Committee.
The just over $1.5 million AcFee fund is generated from the activity fee each student pays annually on a student account - this year's was $800 per student. Campus organizations are required to solicit funding each year through an application and interview process the committee uses to determine a group's level of fiscal responsibility along with its ability to benefit the entire Vanderbilt community.
This year, 127 organizations applied and 79 percent were granted funding. On average students received 81.48 percent the funding they requested and organizations on average had their funding increased 7.32 percent from last year.