SAMRC Finances

The Students' Association operates with a multi-million dollar operating budget. Funds are provided through membership fees, donations and revenue-generating operations like the Liberty Lounge and food and convenience kiosks. Funds are used to operate the student centre, to provide services to all SA members, and for executive honoraria, staff salaries and wages.

SAMRC and the Wyckham House Students' Centre is owned and operated by you, the MRC student. The operations of the SA are directed by five elected student executives who act as a representative body for all Mount Royal College Students. The Executive Committee is charged with developing a budget that is then considered and approved by Students’ Council.

Students’ Council is the chief decision-making body of the Students’ Association and controls the disbursement of the Students’ Association funds, maintains proper books of account and have the same audited when required. Students’ Council also maintains the accounts of all Clubs and Societies.

The audited financial statements and the published records of the Students’ Association are open to any member of the Students’ Association for inspection at the SA offices during regular business hours, reasonable notice given.

Audited financial statements are presented for information at the Annual General Meeting. The SA’s auditors are also approved at this meeting.

For more information, please contact the Students’ Association President by phone at 440-6407, or by e-mail at president@samrc.com.