Student Organization Financial Accounts

Registered Student Organizations can establish an On-Campus Bank Account to manage and protect their funds. Student Organizations can request an On-Campus Account once fully registered and approved by the Student Organization Review Committee (SORC).

How to Establish an On-Campus Account:

Complete & Submit the On-Campus Account Form through DeHUB.

Allow 7-10 business days for the request to be reviewed/approved.

Once approved, make a deposit (cash, checks, or money orders)

Deposit may be of funds collected (membership dues, fundraising collection, etc.)

Please bring any funds that need to be deposited to the Office of Student Involvement LPC (Student Center 201).

Student Activity Fee Funds (SAF-B & CAF-B) may not be transferred to a student organization On-Campus Account or be used as a deposit.

Email orgfunding@depaul.edu to get an update on your account balance.

An OSI staff member will respond within 2-3 business days.

External (Off-Campus) Accounts

The Office of Student Involvement highly discourages the use of External (Off Campus) Bank Accounts and holds no responsibility for an organization’s External Bank Account. If a student organization chooses to create an External (Off Campus) Bank Account, the DePaul name may not be associated with the account.

Tax Exemption

DePaul operates for educational purposes, making some purchases tax-exempt where Illinois (WI, FL, NY) state sales tax is waived. Additionally, DePaul has internal purchasing methods with Amazon & Staples that can waive tax for some items. Registered student organizations can inquire about tax exemption by contacting orgfunding@depaul.edu when paying vendors directly via their university account or designated boards like SAF-B or the Cultural Allocation Board. If requested, a letter can be sent directly to the vendor for tax exemption consideration.