Fines Policy

Statement of Financial Responsibility

Rice University expects each student organization to be fiscally responsible and follow the policies and procedures set forth by Rice University and Student Activities. All organizations should practice sound management procedures to ensure the fulfillment of this responsibility. If you ever have any doubts or concerns about meeting the financial policies and procedures laid out within this training, please contact Student Activities before the deadlines. We will work with you to resolve concerns or problems! Email sactclubs@rice.edu with questions. 

Each organization should anticipate its financial needs and plan how to properly meet these needs. The officers and the organization’s sponsor should establish a budget for the club, and the purchases of the organization should never exceed the funds available. 

Three Strikes Policy

As a representative of your organization, failure to comply with financial policies or procedures could result in a fine to your organization and even prevent your organization from using a Student Activities P-Card. The penalty process is as follows:

ERROR NUMBER IN AREA
(AREAS INCLUDE A LATE P-CARD; TAX ON A RECEIPT; NEEDING A MISSING RECEIPT FORM OR LATE PURCHASE REPORTS)

OUTCOME

First Error in Area

Notice and Reminder of Policy

Second Error in Area

$25.00 Fine to C-Fund

Third Error in Area

Loss of P-Card Privileges for Remainder of Semester

What constitutes a strike in an area? 

  • Paying tax on purchases
  • Returning a P-Card late (after the two (2) business day deadline) 
  • Requiring a completed Missing Receipt Form for a damaged, lost, non-itemized or otherwise insufficient receipt
  • Submitting a Purchase Report late (after the seven (7)-day deadline when the P-Card is due for return)

Student Activities reconciles all of the purchases and refunds you make. If we are not able to abide by Rice University’s policy of reconciling purchases within 45 days as a result of late Purchase Reports or other missing items, then the organization will be fined $250 by the University. 

Alcohol Fine

Failure to register and receive approval for an event with alcohol at Willy’s Pub or another location before purchasing alcohol will incur the below penalties: 

  • Notice sent to Student Judicial Programs (SJP)
  • Loss of P-Card privileges
  • Loss of privilege to apply for SAPP or SA Initiative funding

Other Fines

If you make a purchase that is strictly prohibited by Rice University, your organization will immediately lose P-Card privileges and be fined $25 for each prohibited purchase. Strictly prohibited purchases include:

  • AirBnB Purchases
  • Gift Cards, no matter the type or business
  • P-Card Purchases from Rice Bikes, Rice Coffeehouse or The Hoot
LOCATION

ADDRESS AND EMAIL

Rice Memorial Center
Room 202
6100 Main Street MS-530
Houston, TX 77005
Phone: (713) 348-4097
Fax: (713) 348-5976
studentcenter@rice.edu

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Saturday
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Sunday
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9:00am - 5:00pm (limited staff)

Our entire staff will be available virtually Monday through Friday from 9am to 5pm.