Step 1: Full Time Undergraduate Students pay tuition, which includes a $76.00 Student Activities Fee Step 2: The funds are then placed into one account. Step 3: The Budget Allocation Council is given a maximum amount to distribute among student organizations for the semester. Step 4: The Budget Allocation Council disburse the funds amongst student organizations based on the mission of the organization, the total number of members, the type of the event, expected number of attendees, and if the event occurred in the past; the success of the event. Step 5: The unspent funds from student organizations at the end of the Fall semester remains in the account and roll over to the Spring semester to be disburse by BAC. The unspent funds in the Spring semester is then transferred into the Student Activities Fee excess account. Step 6: The Student Activities Fee excess account is disburse for the opportunity grant provided by the Student Government Association. Students of the Pace community have the ability to submit a proposal to Student Government for review and approval by the organizational council. The organizational council is comprised of students from each student organization on the New York City campus. The maximum amount to request for the opportunity grant is $50,000. Please Note: All budgets are approved by the Budget Allocation Council, which is a subcommittee of the Student Government Association. BAC is comprised of seven students which includes the Executive Treasurer of Student Government, who is the chairperson.